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Prime Minister Pham Minh Chinh, at a conference on the real estate market held recently, affirmed that Vietnam will not tighten real estate credit in an unreasonable or rigid way.
Macroeconomy stable, GDP and CPI within control
The Vietnamese stock market witnessed a strong correction recently, mainly due to international macroeconomic factors, including global soaring inflation and the US Federal Reverse rate hikes.
Although financial institutions in Vietnam have realized the potential of open banking to enable more inclusive and accessible financial services, a patchy legal framework is hampering their efforts to joining the data revolution.
Vietnam’s GDP growth is anticipated to hover between 6.9% and 9% this year thanks to the positive performance in the second quarter and the first half of the year, according to domestic and international economic experts.