VOV.VN - Vietnam’s economic growth is forecast to decrease slightly at 6.5% this year before rising to 6.8% next year, according to the “Asian Development Outlook” report released by the Asian Development Bank (ADB) at a press conference in Hanoi on April 4.

VOV.VN - The Prime Minister has approved a plan to build more than a million apartments for low income earners in urban areas and workers in industrial parks nationwide for 2021-2030.

The Southeast Asia Commercial Joint Stock Bank (SeABank) said on April 3 that the Asian Development Bank (ADB) has doubled the trade finance limit to US$60 million, and increased the US$5 million limit of the revolving loan for the bank to US$10 million.

The State Bank of Vietnam, the central bank, announced five separate decisions on March 31, to further lower some key interest rates, with effect from April 3. This is the second round of rate cuts in March.

VOV.VN - A delegation of the State Bank of Vietnam (SBV), led by its Deputy Governor Pham Tien Dung, attended the ASEAN Central Bank Governors’ Meeting, the ASEAN Finance Ministers’ and Central Bank Governors’ Meeting, and related events in Bali, Indonesia, from March 28 - 31.

VOV.VN - The State Bank of Vietnam (SBV) has requested that the Government issue a revised decree on foreign investors buying shares from Vietnamese credit institutions.

VOV.VN - The United Overseas Bank (UOB) has moved to lower its 2023 economic growth forecast for the nation from 6.6% to 6% due to a low base in the first quarter (Q1) of this year.

The central bank likely will further cut interest rates in a near future, according to deputy governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%.

Foreign investors’ continuous investment in Vietnam has shown their optimistic about the country’s economic outlook, despite the difficult situation of the global banking sector.