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Bank credit supports high GDP growth in Q1 2026
Credit in the first quarter of 2026 surged by 3.18% against late last year to VND19.18 quadrillion (US$730 billion), supporting Vietnam’s GDP growth of 7.83%, Pham Thanh Ha, deputy governor of the State Bank of Vietnam (SBV), said at an event on April 14.
Vietnamese short film savours global spotlight
A short film titled A Taste Like Nothing by young Vietnamese director Phan Bao Tuan is set to whet international appetites after being selected to screen at the Fascinasian Film Festival 2026 in Edmonton, Canada from May 12 to 16.
Energy storage battery plant officially put into operation
GG Power on April 11 officially brought into operation its Battery Energy Storage System (BESS) manufacturing plant in northern province of Hung Yen, marking a significant step in Vietnam’s push toward renewable energy and domestic technology capability.
Banks cut rates following SBV’s call
Nearly 20 commerical banks cut deposit rates over April 10–11, in line with commitments made to the State Bank of Vietnam to reduce borrowing costs for product and business.
Francophonie Day 2026 opens in HCM City
Francophonie Day 2026 opened at Nguyen Thi Minh Khai High School in Ho Chi Minh City on April 11, offering diverse activities to bring local students closer to the international Francophone community.
Dozen foreign nationals caught illegally gambling at Nha Trang hotel
Police of the south-central province of Khanh Hoa on April 10 said they have detained a Vietnamese woman and 13 foreign nationals for investigation over illegal gambling activities uncovered at a hotel in Nha Trang.
Vietnam turns challenges into opportunities: World Bank
As growth across East Asia and the Pacific slows amid mounting global uncertainty, Vietnam continues to stand out for its ability to adapt and turn challenges into opportunities for reform, according to the World Bank.
QR, mobile payments on the rise, ATM usage declines
Cashless payments have recorded impressive growth from the beginning of this year, with many transaction channels increasing by over 30%, showing a clear shift in consumer payment behaviour, according to data recently released by the State Bank of Vietnam (SBV).
Vietnamese children’s book makes history at Bologna
A Vietnamese children’s picture book about healing and rediscovering peace has captured international attention, with Khu Vườn Trong Tim Ta (The Garden Within Us) earning a place on the BRAW Amazing Bookshelf list of 150 outstanding titles worldwide.
Da Nang eyes US tie-up to power future industries
The central city is looking to deepen ties with Oregon State in the United States to boost training in semiconductors, artificial intelligence (AI) and logistics, seen as key drivers of growth in the coming decades.