Though the asset quality of banks in Vietnam will be temporarily under control until the end of 2023, experts said more attention should be paid to the issue in 2024 as bad debts are rising.

Foreign investors are expected to plough large amounts of money into the Vietnamese property market in 2024-26.

Andrea Coppola, World Bank Lead Economist for Vietnam, has described Vietnam in 2023 as resilient, saying that amid the global economic slowdown, the Southeast Asian nation was still able to sustain a rate of growth that many other countries in the rest of the world can only dream about.

Credit ratings agency Fitch Ratings has recently revealed upgrades for several banks, in the wake of its decision to raise Vietnam's national credit rating to BB+ with a long-term outlook of "Stable".

World Bank (WB) experts have suggested several things that Vietnam should do to attract foreign investment in the stock market at the recent Inter-Agency Seminar on Unlocking the Potential of Vietnam’s Capital Markets.

The Ministry of Planning and Investment’s circular on a set of criteria for green growth statistics will come into effect on December 15.

There remains huge room for Vietnam and Hong Kong (China) to cooperate in financial services, which can create capital flows for investment and trade activities in Asia and the world, participants heard at an event held in Ho Chi Minh City on December 13.

With the pace of economic activities on the mend and inflation rates already easing below the target level, the State Bank of Vietnam (SBV) will maintain its refinancing rate at the current level of 4.5% to support economic recovery, the United Overseas Bank (UOB) said in a report.

VOV.VN - The World Bank considers Vietnam an important partner and it will continue to accompany and support Vietnam in meeting its development goals, said President Ajay Banga.

Deputy Prime Minister Le Minh Khai suggested Australia and New Zealand Banking Group Limited (ANZ) invest in high-tech, green transition, clean energy and renewable energy in Vietnam at a reception for its Chief Executive Officer Shayne Elliott in Hanoi on November 29.