The US Department of the Treasury has recognised the progress made by Viet Nam in its recently released report on macro-economic and foreign exchange policies of major trading partners of the US.
Fiscal and monetary tools and policies will be governed in a more proactive and flexible manner from now to year’s end in order to maintain macro-economic stability and boost growth
Viet Nam must focus on consolidating macroeconomic foundations and renovating institutions to increase resilience in the context of global uncertainties.
Prime Minister Nguyen Xuan Phuc on Wednesday told the State Bank of Viet Nam (SBV) to take measures to ensure macro-economic stability, inflation control and growth in 2019.
Prime Minister Nguyen Xuan Phuc on Thursday warned about fluctuations in global prices and asked ministries and departments to maximise efforts to curb inflation and ensure macro-economic stability.
Macroeconomic stability and economic growth drive each other, as the former helps boost investment and consumption while the latter s foundation for achieving the former, Prime Minister Nguyen Xuan Phuc wrote in a recent article.
Viet Nam is now ready for the ASEAN Economic Community (AEC), due to be
formed at the end of 2015, experts said at a seminar held by the Central
Institute of Economic Management (CIEM) late last week in Ha Noi.
Business confidence among European firms in Viet Nam remained unchanged
for the third year in a row, with exactly half of businesses being
confident about the future.