Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said at the press conference on January 3 that the central bank will not consider increasing operating rates and might extend debt rescheduling policies to support enterprises this year.

Prime Minister Pham Minh Chinh urged the agriculture and rural development sector to focus on innovation, speed up digital and green transformation and promoting the development of circular economy, knowledge economy, and sharing economy, towards realising the goal of ecological agriculture, modern rural areas and civilised farmers.

Vietnam’s credit growth reached around 13.5% in 2023 although unprecedented developments of the global economy posed formidable challenges to the country’s monetary policy, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said on January 3.

Ho Chi Minh City expects strong tourism growth in 2024 following its encouraging outcomes in 2023, said Director of the municipal Tourism Department Nguyen Thi Anh Hoa.

VOV.VN - The benefits of free trade agreements (FTAs) have exerted a positive impact on the socio-economic development of localities across the country, especially in terms of accelerating trade growth and market expansion, according to insiders.

The State Bank of Vietnam (SBV) has set a credit growth target of 15% for the domestic banking system in 2024.

VOV.VN - The Vietnamese Government's determination to overcome difficulties and devise strong support solutions will be factors which have a positive impact on economic growth this year, while also creating momentum for progress in the medium term, according to international organisations and economic experts.

2023 continues to be a tough year for the world economy as COVID-19 pandemic has still taken heavy tolls while a series of new challenges have emerged, including geopolitical conflicts, tight monetary policies in major economies and world economic slowdown.

VOV.VN - Despite failing to achieve its growth target, Vietnam is still considered to be a country with high growth in the region and remains highly regarded as a destination by international investors ahead in 2024.

Amid global uncertainties, the continued maintenance of macro-economic stability will form an important foundation for Vietnam to achieve next year’s growth target, said General Director of the General Statistics Office (GSO) Nguyen Thi Huong.