The disbursement of State budget capital reached an estimated 91.1% of the plan set for the year and rose 34.5% year-on-year, the highest rate in the 2011-2020 period.

The COVID-19 situation has considerably sped up the transition of manufacturing work into Vietnam and the country is uniquely positioned to take advantage of this move, said an article recently published on SeekingAlpha content service.

The Vietnam Malaysia Business Association (VMBIZ) and Malaysia’s Blue Ocean Capital Group Berhad (BOCGB) signed a Memorandum of Understanding (MoU) on December 20 to bolster collaboration and exchange between enterprises of both nations.

Despite slow disbursement of foreign loans, that of public investment has become faster, contributing to making the country’s positive economic growth target feasible for the year.

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%.

Vietnam has opportunities to access a wide commercial capital market which allows the country to be more active and flexible in capital mobilisation and use in order to compensate for the shrinking official development assistance (ODA).

Vietnam is expected to mount a “strong recovery in 2021”, with growth projected to strengthen to 6.5% as domestic and foreign economic activity stablished, the UK-based news outlet proactiveinvestors.co.uk (Proactive) has cited a report from the International Monetary Fund (IMF).

The number of companies set up during the first 11 months of this year was down year-on-year but total registered capital increased, according to the General Statistics Office.

VOV.VN - The nation attracted a total of US$26.4 billion in foreign direct investment (FDI) by November 20, representing an annual decline of 16.9%, according to the General Statistics Office (GSO).

VOV.VN - Vietnam Venture Capital Alliance (VVCA) was officially established, with the participation of 17 members, within the framework of the National Innovative Entrepreneurship Day (Techfest Vietnam 2020) which was underway recently in Hanoi.