GDP growth rate is likely to reach a decade high of around 7 per cent in 2018 and maintain the pace next year, according to the National Financial Supervision Committee (NFSC).
Institutions from the Republic of Korea (RoK) have increased their investment in Viet Nam’s financial market significantly, expecting to gain from the market, thanks to the economic growth outlook.
A flexible monetary policy supported stability in Viet Nam’s financial market and fostered economic growth this year, a National Financial Supervisory Commission (NFSC) official said in Ha Noi last week.
A bright economic outlook and strong foreign capital inflows have made
Viet Nam''s financial market among the five best performing markets in
the world, a press conference held by the State Securities Commission on Wednesday announced.
Credit for State-owned enterprises (SOEs) currently accounts for roughly 15-17 per cent of total outstanding loans, deputy governor of the State Bank of Viet Nam (SBV) Nguyen Thi Hong said.
Intensifying the scale and health of the financial market should be one
of the top priorities for Viet Nam in its ongoing economic
restructuring process, a finance official said.
Small and medium–sized enterprises (SMEs) have been urged to improve
their competitiveness amid rapid global integration, to grab
opportunities as signs of economic recovery are already emerging in
2015.
Viet Nam''s property market is revising but depending too much on the
financial market, which makes investment still risky, so developers
should take prudential steps towards the market.