The banking industry's credit is projected to have expanded 11% for the year by the end of December, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu revealed at a press conference on December 24.

Vietnamese banks will only be allowed to issue chip cards from March 31, 2021, according to a State Bank of Vietnam (SBV) draft circular.

VOV.VN - A portal of Free Trade Agreements (FTAP) made its debut in Hanoi on December 23 in an effort to help local businesses and people gain greater insights into the benefits brought about by the FTAs that Vietnam has signed with its partners.

VOV.VN - The nation supports the intermediary role of the UN and welcomes the launch of international co-operation initiatives that serve to reach a fair, sustainable, and long-term solution to the Middle East peace process.

The annual Vietnam Business Forum (VBF) 2020 opened in Hanoi on Dec. 22 with the theme “Challenges and opportunities in the new normal”.

VOV.VN - Looking ahead, Vietnam’s prospects appear positive as the economy is projected to grow by about 6.8% in 2021 and, thereafter, stabilize at around 6.5%, according to the latest World Bank’s economic update for Vietnam “Taking Stock” released on December 21.

The US Treasury Department’s labelling of Vietnam as a currency manipulator is biased, as it is only based on US standards and lacks suitable consideration as well as recommendations from international organisations, according to experts.

VOV.VN - The Mekong Connect 2020 forum got underway on Dec. 21 in the Mekong Delta province of Dong Thap in order to discuss ways in which to introduce local products into the global value chain.

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has recently been honoured at four categories of the multinational financial services corporation Visa Inc.

The State Bank of Vietnam (SBV) has extended the credit growth limits for the second time this year to some commercial banks, of which the highest level is up to 30%.