The State Bank of Vietnam (SBV)’s decision to tighten control over real estate credit has helped to restrict speculation while making the market transparent and preventing a real state bubble, economic experts have said.

The second Vietnam Card Day was launched in Hanoi on April 16 with the theme of “Leading the way”.

Vietnam is anticipated to enjoy the highest trade and income gains among members of Regional Comprehensive Economic Partnership (RCEP), according to a latest World Bank report.

VOV.VN - Vietnam’s merchandise trade balance recorded a surplus of US$1.4 billion in March, while FDI commitments and disbursement remained resilient amid global uncertainties over the Russian invasion of Ukraine, according to the April edition of the World Bank's monthly Vietnam March Monitoring.

VOV.VN - The Ho Chi Minh City Economic Forum 2022 themed “Digital economy: Driving force for growth and development of HCM City in future” opened on April 15 with a view to formulating appropriate policies for digital economic development in the Southern metropolis by 2025 and a vision for 2030.

Some banks have temporarily stopped providing loans to the real estate sector in the short term in the wake of the State Bank of Vietnam (SBV)'s policy on controlling credit growth in risky areas.

VOV.VN - Vietnamese economic recovery is likely to be stronger at the end of the second quarter of the year when domestic demand and the tourism sector recovers, according to Standard Chartered Bank.

Credit growth of credit institutions was quite positive at 5.04% at the end of the first quarter of this year, much higher than the 2.16% rise in the same period last year, the State Bank of Vietnam (SBV)’s Deputy Governor Dao Minh Tu said at the Government’s regular press conference.

A circular stipulating independent audits of credit institutions and foreign bank branches issued by the State Bank of Vietnam will take effect from April 15.

VOV.VN- Minister of Finance Ho Duc Phoc shared the Vietnamese Government’s experience in implement its socio-economic recovery and development programme at the eighth virtual meeting of ASEAN finance ministers and central bank governor (AFMGM) on April 8.