Deputy Prime Minister Tran Luu Quang on March 27 stressed the Vietnamese Government’s determination to speed up the disbursement of official development assistance (ODA) and concessional loans.

Vietnam still has effective tools to proactively control the VND/USD exchange rate in 2024 even if the US Federal Reserve (Fed) has to maintain its interest rates at the current high level for an extended time due to the conflict in the Red Sea and other new uncertainties, experts said.

VOV.VN - Despite facing difficulties ahead, Vietnam will be able to control inflation below the target set by the National Assembly this year, according to experts.

More than VND662.59 trillion (US$27.14 billion) of public capital allocated for 2023 was disbursed as of January 31, fulfilling 93.12% of the Prime Minister’s assigned plan, according to the Ministry of Finance.

The joyful atmosphere on those days is a result of Vietnam’s successful navigation through the challenging year of 2023, marked with positive developments.

The Vietnamese economy is likely to expand by 6-6.5% in the base scenario, with even recovery recorded in all sectors of agriculture, industry, construction and services, Dr. Can Van Luc, a member of the National Financial-Monetary Policy Advisory Council, has predicted.

The disbursement of public investment in 2023 was projected to reach 95% of the plan, equivalent to nearly VND676 trillion (over US$27 billion), marking the record high so far, according to Deputy Minister of Planning and Investment Tran Quoc Phuong.

VOV.VN - Public investment disbursement must be hastened in more than a month’s time till the end of the year to support the national economy that is struggling hard to overcome local and global difficulties, heard a conference held in Hanoi on November 27.

The State Bank of Vietnam (SBV) will step up the information work to further popularise the social housing loan package among the public given its sluggish disbursement, SBV Governor Nguyen Thi Hong said at a question and answer session of the 15th National Assembly in Hanoi on November 6.

Ho Chi Minh City's economy continues to maintain positive growth momentum, driven by industrial production, domestic consumption, and stable supply and demand, heard a meeting of the municipal People’s Committee on October 30.