The Government wants the private sector to be a main driver in the country’s development, with a target of establishing 1.5 million businesses by 2025.

VOV.VN - Vietnamese gross domestic product (GDP) grew by 3.32% in the first quarter of the year, the second lowest rate in the 2011 - 2023 period, according to the General Statistics Office (GSO).

The Singapore-based United Overseas Bank (UOB) anticipates the State Bank of Vietnam (SBV) will cut its refinance rate in the second quarter this year by 100 basis points to 5.00%.

VOV.VN - Foreign retail giants such as Central Retail, AEON, and MM Mega Market have set their sights on capturing a larger share of the Vietnamese market, according to industry insiders.

Vietnam’s economy is well supported by its policy, but headwinds in the world’s financial market, with risks from the European and American financial systems, have caused concern.

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 - Prime Minister Pham Minh Chinh attended a high-level economic seminar on March 7 in Hanoi as part of activities held to mark the 50th anniversary of Vietnam- Japan diplomacy.

VOV.VN - The Vietnamese economy is likely to recover strongly in the second quarter of the year, according Tim Leelahaphan, economist for Thailand and Vietnam at Standard Chartered.

Vietnam will remain an important link in global supply chains and a destination favoured by many businesses, said Tim Leelahaphan, Standard Chartered's economist for Thailand and Vietnam, on February 28.

Central Retail Corporation (CRC), the largest retailer of Thailand, has announced its biggest investment in Vietnam at 50 billion baht (US$1.45 billion) in the 2023-2027 period to accelerate its market presence in the country.