VOV.VN - The country's economic growth was recorded at 4.5% during the last quarter of 2020, representing an annual growth rate of 2.9%, thereby making it one of the fastest growing economies in the world, according to the World Bank (WB).

VOV.VN - Macroeconomic stability, business resilience, and the promotion of purchasing power within the domestic market are set to be crucial growth drivers for local firms throughout the coming year, according to economic insiders.

Deputy Prime Minister Truong Hoa Binh has assigned the State Bank of Vietnam (SBV) to devise measures to control illegal financial transactions and tax evasion via illicit international payment gateways.

The Vietnam Bank for Social Policies (VBSP) said it is providing loans for 6.4 million poor and near-poor households.

VOV.VN - Hanoi is seeking additional financial and expertise assistance from international financial institutions, including the World Bank, to implement development projects in the coming years.

Vietnam has prepared the best conditions to spur its economic growth as the global economy is grappling with the severe impacts of the COVID-19 pandemic, experts have said.

Vietnam’s economy was adversely affected by the COVID-19 pandemic in 2020, along with natural disasters and the impact of trade conflicts.

Vietnam’s success in curbing the coronavirus so far, while its Southeast Asia neighbours struggle, is helping the country power ahead in economic growth and attracting major funds, and foreign investors, said foreign experts on the Gulf Today newswire on January 7.

The State Bank of Vietnam (SBV) targets a credit growth rate of 12% in 2021, equivalent to the growth of 12.13% last year, according to SBV Deputy Governor Dao Minh Tu.

Nearly VND324 trillion (over US$14 billion) was mobilised through G-bond auctions at the Hanoi Stock Exchange (HNX) in 2020, accounting for 108% of the set plan.