VOV.VN - Vietnam earned US$51.5 million from selling 10.3 million forestry carbon credits last year, opening up a significant opportunity for the country to speed up the transition to green production.

A Germany – Vietnam business forum, themed “Collaborative pathways to green growth in Ho Chi Minh City”, took place in Ho Chi Minh City on March 28.

Deputy Prime Minister Tran Luu Quang on March 27 stressed the Vietnamese Government’s determination to speed up the disbursement of official development assistance (ODA) and concessional loans.

Nearly 20 commercial banks in Vietnam have adjusted deposit rates since the beginning of this month, with most lowering rates.

Vietnam has received a US$51.5 million payment for verified emissions reductions for reducing deforestation and forest degradation (REDD+) and for enhancing carbon stored in forests through reforestation and afforestation, making it the first country in the East Asia Pacific region to receive a results-based payment from the World Bank’s Forest Carbon Partnership Facility (FCPF).

With profits exceeding VND20 trillion (US$833 billion) in 2023, many banks are eyeing to join the billion-dollar profit club this year.

The Government has directed the State Bank of Vietnam (SBV) to urgently inspect and supervise to stabilise the domestic gold market.

Vietnam's GDP in the first quarter of 2024 will grow by around 5.5% as predicted, according to experts and thinktanks.

VOV.VN - Tran Viet Truong, chairman of the People’s Committee of the Mekong Delta city of Can Tho, highlighted the potential benefits for Japanese enterprises investing in the southern city during a working session on March 18 with a delegation of executives of Japanese banks led by Managing Executive Officer of Gunma Bank Uchibori Takeo.

VOV.VN - Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam to apply a flexible monetary policy, especially in credit and interest rate management, in order to support business operations and the national economy as a whole.