Vietnam's target of achieving the climate neutrality by 2050 is not only technically feasible but also the most cost-effective scenario, according to a report developed by Vietnam’s Electricity and Renewable Energy Authority, the Danish Energy Agency (DEA) and the Embassy of Denmark in Vietnam.

Credit within the banking system to the end of May 2024 increased by only 2.41% against the end of 2023, far from the credit growth target, the Government reported.

VOV.VN - Vietnamese shrimp exports between the beginning of the year and mid-May surged by 8.3% to reach US$1.1 billion against the same period from last year, according to data released by the Vietnam Association of Seafood Exporters and Producers (VASEP).

Singapore-based United Overseas Bank (UOB) has projected the economic growth rate of Vietnam at 6% for the second quarter of this year and for the full year on increasing chip-making demand, the recovery of Chinese and regional economies, as well as ongoing supply chain shifts.

The gross domestic product (GDP) growth of six ASEAN countries - Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam - will recover to 4.5% and 4.7% in 2024 and 2025, respectively, from 4% in 2023, according to Maybank Research Pte Ltd forecast.

Ho Chi Minh City and Hanoi have been included in the Savills list of fastest-developing cities on the planet recently released by the commercial real estate brokerage firm.

VOV.VN - The national economy is facing a number of challenges, including ensuring growth and curbing inflation after many years of maintaining macroeconomic stability and controlling inflation at below 4%, Dau Tu (Investment) newspaper reported.

Prime Minister Pham Minh Chinh on June 1 demanded efforts be invested in renewing traditional growth drivers and strongly promoting new ones.

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong on May 29 said that the central bank is closely following market moves and implementing measures to stabilse exchange rates and foreign exchange market as the Government has directed.

VOV.VN - As of mid-May, Vietnamese export turnover had reached US$138.59 billion, marking an increase of 16% on-year and with the current level of growth momentum, this year’s export turnover is anticipated to fulfill the set target.