The statistical visualisation platform Seasia Stats recently ranked Việt Nam among the top 15 economies in Asia, with projected economic output reaching some US$506 billion in 2025.
It will be difficult for the State Bank of Vietnam (SBV) to further loosen monetary policy due to a rising USD/VNĐ exchange rate pressure, experts said.
With rising stock market returns and reduced corporate borrowing costs, SBV’s policy direction should positively impact business performance and stock market growth.
Foreign tourists will be facilitated to travel around ASEAN with a new visa policy that permits one single visa for six countries in the region. Tourism and trade companies find it a favourable condition to develop.
The Việt Nam Institute for Economic and Policy Research (VEPR) expects GDP growth in the fourth quarter of 2024 to reach 7.4 per cent, thereby reaching the 7 per cent target set by the Government.
Dr. Nguyễn Quốc Việt, Deputy Director of VEPR, discussed with Vietnam News Agency the 30 per cent increase in Việt Nam''s basic salary to VNĐ2.34 million on July 1, and concerns over potential market price hikes.
According to the Law, which took effect from July 1 this year, institutional shareholders will need to lower the percentage of shares they hold in a credit institutions from 15 per cent to 10 per cent
Many Vietnamese enterprises are using green transformation as a strategy to raise their competitive advantage. Vietnam News Agency discussed this issue with Dr. Nguyễn Đình Thọ, director of the Institute of Strategy and Policy on Natural Resources and Environment under the Ministry...
Due to confusion, some banks have temporarily suspended the sale of insurance products, causing their revenue to decline sharply since the law took effect.
The revised decree (No. 01/2021/NĐ-CP) aims to streamline lots of processes, creating maximum favourable conditions for enterprises, respecting the autonomy of enterprises and protecting the legitimate rights and interests of the company.