The Government has set the GDP growth target at 6-6.5 per cent this year, after 2023 slowed to 5.05 per cent on weak global demand. New drivers from promoting innovation, high technology, green growth and digital transformation will create room for a stronger rebound.
The Government has introduced measures to stimulate credit growth to spur the economy, but experts are concerned loans could flow into risky industries that are the most capital thirsty with high absorption capacity. - VnExpress International
The State Bank of Việt Nam has cut policy rates four times to reduce the commercial banks’ lending interest rates for home buyers as well as businesses.
Việt Nam s currency stable despite global uncertainties vietnamnews.vn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vietnamnews.vn Daily Mail and Mail on Sunday newspapers.