Multinationals are looking to set up their bases in Vietnam despite various challenges that the country poses as a manufacturing destination, according to the Financial Times in the UK.

VOV.VN - Vietnam is expected to achieve a GDP growth rate of 2.8% this year, a significant figure among new emerging economies despite the impact of the COVID-19 pandemic, revealed Finance Minister Dinh Tien Dung.

Saigon - Hanoi Commercial Joint Stock Bank (SHB) has just become the only Vietnamese representative to be honoured as “Bank of the Year 2020” by The Banker magazine.

State budget revenue has reached over VND1.3 quadrillion (US$59.5 billion) so far this year, representing 91.14% of the annual estimate, according to the Deputy General Director of the State Treasury, Nguyen Quang Vinh.

VOV.VN - The Ministry of Finance (MoF) has drafted legal documents to fulfil Vietnam’s commitments on import tariff cuts under free trade agreements (FTA) the country has signed with partners, said MoF Minister Dinh Tien Dung.

Japanese enterprises have donated more than JPY50 million (US$481,100) for a programme to finance part of tuition fees for Vietnamese students facing difficulties due to the COVID-19 pandemic in Japan, which has selected more than 1,060 beneficiaries.

Prime Minister Nguyen Xuan Phuc received outgoing Cuban Ambassador to Vietnam Lianys Tores Rivera in Hanoi on November 30.

The central relief committee on November 20 issued its plan to allocate VND45 billion (US$1.94 million) to help central and Central Highlands localities repair damage caused by natural disasters.

Russia Ambassador to ASEAN Alexander Ivanov has highlighted the role of Vietnam as the Chair of ASEAN this year following the success of the 37th ASEAN Summit and related meetings last week, saying it was not easy for the Southeast Asian country to fulfill its chairmanship duties.

Vietnamese banks have been increasing their foreign ownership ratios to attract investment and improve financial strength.