Van Luc News Today

Vietnam should focus on macroeconomic stability, inflation, and production rates to ensure a sustained economic recovery, according to the MPI.

Vietnam’s banking sector is projecting a period of robust growth and profitability, underpinned by strong first-quarter performances and optimistic forecasts for economic recovery and credit expansion.

HANOI :Vietnam's gross domestic product grew 5.66 per cent in the first quarter from a year earlier as exports boomed, government data showed on Friday, despite higher shipping costs due to turmoil in the Red Sea.Growth in the January-March quarter was faster than the expansion of 3.41 per cent in the corresp

Diverse sentiments persist over bancassurance business prospects at local commercial banks, partly driven by a novel policy move.

Industry professionals recognise that 2023 presented significant challenges for the domestic economy. Tran Dinh Cuong, chairman and country managing partner at Ernst & Young Vietnam Ltd., talked to VIR’s Hong Dung about insights learned from previous turbulent periods and the opportunities that are emerging.

In the context of international economic difficulty, Vietnam’s economy in 2023 still recorded signs of recovery. International organisations and many economic experts believe that the Government’s determination to overcome challenges and support solutions will create a positive impact on economic growth in 2024 and create momentum for progress in the medium term.

Vietnam’s economy has weathered difficulties to reach a positive growth rate in 2023 and is making good preparations for 2024. Chairman of the National Assembly Vuong Dinh Hue talked with VIR’s An Nguyen about the outlook for the rest of this year.

Amid big difficulties, the Vietnamese economy is expected to continue bouncing back with a boost in domestic consumption and production, which are among priorities set by the government to hit its new growth goals.

HANOI: In preparation for the special demand during this time of the year, the pottery furnaces in Bat Trang Village have been ignited.

The latest amendment of Vietnam’s Law on Credit Institutions is set to significantly enhance the banking sector’s resilience and transparency, profoundly impacting its operational landscape and consumer accessibility.