The flow of overseas remittances to Ho Chi Minh City reached US$5.1 billion in the first nine months of 2021, up 22% year on year, the State Bank of Vietnam’s Branch in the city has reported.

The Vietnam Administration of Sea and Islands (VASI) at the Ministry of Natural Resources and Environment and the World Bank on October 19 jointly held a virtual consultation workshop on the building of a Blue Economy partnership group.

A seminar on promoting the involvement of pioneering enterprises in natural disaster prevention and control, and response to climate change and epidemics was held in Hanoi on October 15.

The State Bank of Vietnam (SBV) will keep the current deposit interest rates and lending rates unchanged until the end of this year to ensure the banking system’s liquidity and benefits for depositors.

Given the COVID-19 pandemic, the EU-Vietnam Free Trade Agreement (EVFTA), which entered into force in August 2020, has helped to boost two-way trade and buffer the impact of the economic downturn, according to an article posted on October 13 by The Business Times of Singapore.

Vietnam’s GDP growth forecast for this year has been lowered to 2-2.5%, according to the World Bank's October 2021 Vietnam Macro Monitoring.

Many businesses suggested more detailed policies should be issued to help them access bank loans as there remain difficulties in lending.

VOV.VN - Vietnam’s push to enhance competitiveness, reduce its carbon footprint, and improve lives and livelihoods has been given a boost with the approval of an AUD5 million granted by the Australian government.

The State Bank of Vietnam (SBV) has proposed to issue a separate law on bad debt settlement.

The ADB Ventures - Supporting Impact Startups, a joint project between Vietnam National Innovation Centre (NIC) and the Asian Development Bank (ADB), has been launched, offering US$1 million for Vietnam between 2021 and 2023.