VOV.VN - Vietnam is relying too much on monetary policies in order to stimulate demand. However, loosening lending standards and lowering interest rates serve to reduce asset quality, thereby creating asset bubbles, according to economic experts.

Experts gave recommendations to restore aggregate demand and promote growth in the new context at the mid-year macro-economic roundtable in Hanoi on July 11.

VOV.VN - Vietnam’s economic growth this year can reach up to 6.46% in the best-case scenario, the Central Institute for Economic Management (CIEM) announced during a workshop organised on July 10 in Hanoi.

VOV.VN - Despite Vietnam’s GDP in the second quarter rising by a higher-than-expected pace of 4.1% on-year, HSBC reduced the growth forecast for 2023 to 5.0% from the previous figure of 5.2% due to mounting broad-based challenges, according to July’s HSBC report “Vietnam at a glance”.

VOV.VN - The nation is poised to resume rapid economic growth over the medium-term economic outlook, with the “rising star” being one of the fastest growing emerging markets in Asia, according to details given by foreign newswires.

The Ministry of Planning and Investment (MPI) has built two scenarios for GDP growth in the second half of the year, based on the situation in the first half.

Vietnamese and Italian experts looked into theories on the path towards socialism in Vietnam at a roundtable seminar in Rome on June 30.

VOV.VN - The International Labour Organisation (ILO) is always an important and trustworthy partner of Vietnam, National Assembly Chairman Vuong Dinh Hue said at a reception for ILO Director-General Gilbert F. Houngbo in Hanoi on June 30.

All economic sectors should actively implement drastic and synchronous measures to promote growth and overcome difficulties in the rest of the year, aiming to complete this year’s target of 6.5% in GDP growth, according to General Director of the General Statistics Office (GSO) Nguyen Thi Huong.

VOV.VN - According to data released on June 29 by the General Statistics Office (GSO), the Vietnamese economy is continuing to encounter difficulties as it only expanded by an estimated 3.72% during the first six months of the year.