Ho Chi Minh City’s economy has seen a steady revival and is on course to return to pre-COVID levels, Chairman of the municipal People’s Committee Phan Van Mai said on June 29.

Vietnamese Consul General to Vladivostok Nguyen Dang Hien made a working trip to the Republic of Sakha (Yakutia) from June 21-25 aiming to promote cooperation between Vietnam and this republic of Russia. ​

A Ho Chi Minh City programme to link banks and businesses has seen around VND93 trillion (US$3.97 billion) disbursed so far this year to help revive the economy which was battered for two years by the COVID-19 pandemic.

The economic recovery across the South-East Asian region has been uneven and must now contend with rising external headwinds from outside the region.

"Investment strategy in the context of the new normal and fostering reform and innovation” will be the main topic of a workshop in Ho Chi Minh City on June 17.

Vietnam’s credit growth as of June 9 expanded by 17.09% against the same period last year, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said on June 15.

The Youth Startup Forum 2022 will be held in October with the participation of about 500 delegates who are young people, students and young businessmen with creative startup projects, representatives of government agencies, universities.

Experts forecast that bank net interest margins (NIM) will decline as inflation rises next month.

Vietnam’s effective management of COVID-19 has boosted confidence and facilitated the easing of restrictions and economic recovery, according to an article published by the Australia – Vietnam Policy Institute (AVPI).

VOV.VN - Vietnam’s ongoing economic recovery remains strong, despite heightened global uncertainties relating to the protracted conflict in Ukraine, higher commodity prices, and supply chain disruption caused by health-related lockdowns in China.