Despite slow disbursement of foreign loans, that of public investment has become faster, contributing to making the country’s positive economic growth target feasible for the year.
VOV.VN - The nation’s human development index (HDI) value for 2019 stood at 0.704, thereby putting the country in the high human development category and earning it a position of 117th out of 189 nations and territories globally.
The State Bank of Vietnam (SBV) has extended the credit growth limits for the second time this year to some commercial banks, of which the highest level is up to 30%.
A seminar was held in Hanoi on December 15 to discuss a research on incorporating goals of the national action plan implementing the 2030 Agenda for Sustainable Development and national strategy on green growth into socio-economic development plans of centrally-run cities and provinces.
The Vietnam Corporate Energy Leaders (VCEL) initiative has been announced at the Vietnam Corporate Sustainability Forum 2020, promoting the use of renewable energy in driving greener production and sustainable growth in a globally competitive Vietnam.
Institutional and legal reforms will be the key factors in business development over the next five to 10 years in Vietnam, experts have said.
VOV.VN - Experts from the Asian Development Bank (ADB) have revised up the nation’s GDP growth forecasts from 1.8% to 2.3% this year following the acceleration of public investment, coupled with the swift recovery of domestic consumption, according to the Asian Development Outlook 2020 (ADO) report released on December 10.
Twelve large ecosystems will be established across retail and institutional services in Vietnam by 2025, constituting a revenue pool of about VND2.4 trillion (US$100 billion).
VOV.VN - More than 20 Japanese firms attended a business forum in Tokyo on December 9 which was jointly hosted by the Vietnamese Embassy in Japan and the International Friendship Exchange Council (FEC) to introduce the current Vietnamese investment environment.
The capital city has recorded economic expansion of 3.94% this year amid the COVID-19 pandemic, and it is expecting to regain momentum to secure 7.5% growth in 2021.