Experts expect that consumer loans will resume in the second half of 2021, thereby boosting the overall credit growth.
It has been a very successful tenure of the government, said National Assembly (NA) Chairwoman Nguyen Thi Kim Ngan during the ongoing 53rd session of the NA Standing Committee on February 23.
A stock market is one of the “thermometers” of a country’s economy, and last year Vietnam’s market saw many ups and downs but still made historic breakthroughs, creating a solid foundation for 2021.
The State Bank of Vietnam said it would be consistent with the goal of controlling inflation, maintaining macroeconomic stability, and improving the quality of monetary policy planning and administration.
In recent years, many investors from developed countries have gradually turned to Vietnam, with 2021 continuing to be a promising year in attracting foreign direct investment (FDI).
Import-export activities were a highlight of Vietnam’s economy during the 2015-2020 period. In 2020, trade surplus reached 19.1 billion USD, marking the highest in five consecutive years recording trade surplus since 2016.
After 35 years of ‘doi moi’, especially during 10 years of the implementation of the socio-economic development strategy for 2011-2020, Vietnam has gained important achievements in economic growth and ensuring social security.
Thirty-five years after the launch of the renewal, Vietnam has, under the leadership of the Party, reaped comprehensive, great and important achievements.
Vietnam's growth accelerated to 4.5 percent in the last quarter of 2020, resulting in an annual growth rate of 2.9 percent - making it one of the fastest growing economies in the world, according to the World Bank (WB).
2020 is a tough year for Vietnam, yet the economy has reaped remarkable achievements. Experts have been optimistic about Vietnam’s economic growth in 2021.
Foreign media view 2020 as a truly special year for Vietnam as the country has not only performed the dual role of ASEAN Chair and a non-permanent member of the UN Security Council (UNSC) but also done a good job of concurrently containing COVID-19 and sustaining economic growth....
Vietnam is considered one of the 10 nations with the highest gross domestic product (GDP) growth in the world in 2020 and one of the 16 most successful emerging economies, Party General Secretary and State President Nguyen Phu Trong has said.
With a thriving economy, stable political system, and a rich culture, Vietnam has been a secure home for not only Vietnamese but also many international friends.
Chairwoman of the National Assembly Nguyen Thi Kim Ngan had a meeting on December 6 with Lao Prime Minister Thongloun Sisoulith who is on a Vietnam’s visit to attend the 43rd meeting of the Vietnam-Lao Inter-Governmental Committee.
A grand ceremony was held in Hanoi on December 2 to mark Laos’ 45th National Day (December 2) and the 100th birthday of late President Kaysone Phomvihane (December 13).
The National Assembly (NA) has paid close attention to the heavy toll that natural disasters have caused to many areas of Vietnam, NA Chairwoman Nguyen Thi Kim Ngan said while meeting with voters in Cai Rang and Phong Dien districts in the Mekong Delta city of Can Tho on November...
The 10th session of the 14th National Assembly wrapped up in Hanoi on November 17, completing all the tasks set for the session, which were held in two phases, with the first held via videoconferencing from October 20 to 27 and the second in person from November 2 to 17.
The 14th National Assembly adopted a Resolution on socio-economic development plans for 2021 during its 10th session in Hanoi on November 11.
Prime Minister Nguyen Xuan Phuc appeared before the National Assembly on November 10 to answer queries from deputies regarding various matters of importance.
Prime Minister Nguyen Xuan Phuc has suggested lifting two-way trade between Vietnam and the Republic of Korea (RoK) to 100 billion USD from 68 billion USD in 2019.
Chairwoman of the National Assembly Nguyen Thi Kim Ngan asked the justice sector to better its emulation and commendation affairs to ensure that patriotic emulation is truly a motive for its staff to complete their assigned political missions.