Vietnam’s GDP is projected to grow 5.8% this year, sharing the second position with Cambodia in the region, only after the Philippines, according to the International Monetary Fund (IMF).
VOV.VN - Despite growth rates slowing down, the nation is still growing at a high rate, projected to be at 5.8% this year before reaching 6.9% in 2024, according to Daniel Leigh, head of the World Economic Studies division in the IMF's Research Department which produces the World Economic Outlook.
VOV.VN - Vietnam’s economic growth is forecast to decrease slightly at 6.5% this year before rising to 6.8% next year, according to the “Asian Development Outlook” report released by the Asian Development Bank (ADB) at a press conference in Hanoi on April 4.
The State Bank of Vietnam, the central bank, announced five separate decisions on March 31, to further lower some key interest rates, with effect from April 3. This is the second round of rate cuts in March.
An Indian expert has highly valued Vietnam’s post-pandemic recovery in an article recently published on Moderndiplomacy.eu.
VOV.VN - Prime Minister Pham Minh Chinh made a request on March 22 for young Vietnamese people to be brave, stand firm, and stay dynamic together alongside other forces to move the nation forward amid a challenging global landscape.
The third Vietnam Connect Forum 2023, themed “Breakthroughs for central Vietnam, green and digital transition in sustainable economic growth strategies”, was held in the central city of Da Nang on March 17.
The State Bank of Vietnam must step up efforts in the management of the country's banking sector and prepare for all possible scenarios for timely and effective interventions, according to World Bank.
VOV.VN - Vietnamese economic growth is projected to ease to 6.3% in 2023 from a robust figure of 8% last year, as services growth eases and higher prices and interest rates weigh on households and investors, according to details given by the World Bank (WB)’s latest Taking Stock report released on March 13.
The State Bank of Vietnam (SBV) has recently granted the first credit growth quotas in 2023 to a number of banks, with a majority of them receiving lower rates than last year.