The COVID-19 pandemic is weighing on the banking system’s non-performing loans (NPLs), requiring significant efforts to keep NPLs ratio below 3% by the end of this year as targeted by the Government.

The Bank for Development and Investment of Vietnam (BIDV) and the KBIZ Vietnam Federation of Korea SMES (KBIZ-VN) signed a comprehensive cooperation agreement on September 17 in Hanoi.

VOV.VN - How to cushion the impact of the novel coronavirus and boost economic recovery was high on the agenda of the 23rd ASEAN + 3 Financial Ministers’ and Central Bank Governors’ Meeting on September 18.

VOV.VN - Vietnam’s economic growth rate in 2021 is anticipated to reach between 6% and 6.5%, according to a resolution adopted during the Government's recent monthly meeting for August.

VOV.VN - Vietnam’s human capital index 2020 is higher than average for the East Asia & Pacific region and lower-middle income countries, although the stunted rate among children reached up to 25%, according to the World Bank.

Finland-based Evli Emerging Frontier Fund announced on September 15 that it purchased more than 103,850 shares in technology equipment distributor Digiworld (DGW).

Vietnam hailed the World Health Organization (WHO)’s initiative to set up the Facilitation Council of the Access to COVID-19 Tools Accelerator (ACT-A), has said Ambassador Le Thi Tuyet Mai.

The State Bank of Vietnam (SBV) urged the banking industry to build an inclusive finance system that serves all members of society in Vietnam in Hanoi on September 10.

Vietnam’s current account surplus could narrow to 3.7% in 2020 from 4.9% last year due to the impacts of the COVID-19 pandemic, according to Fitch Solutions.

Vietnam’s foreign exchange reserve has hit a new record high of US$92 billion, a significant expansion from US$84 billion which Governor of the State Bank of Vietnam Le Minh Hung revealed in April.