The State Bank of Vietnam (SBV) and relevant ministries are currently implementing a series of solutions aiming to increase the capital absorption of the economy amid low credit growth.

The State Bank of Vietnam (SBV) has delivered cuts to its policy rate three times in less than three months, each time of 50 basis points, to assist the country’s economic growth via the credit channel.

Low credit growth has made large banks curb capital mobilisation and implement solutions for attracting borrowers.

VOV.VN - Vietnam is the Czech Republic's most important partner in Asia, Czech Deputy Minister of Industry and Trade Edvard Kozusnik said at the Czech-Vietnam Business Forum held on June 15, in Prague.

VOV.VN - The volume of international searches for Vietnamese tourism soared by 10% to 25% during the period from early March to June, making it the seventh highest growth rate worldwide, according to a report released by the Google Destination Insights.

Agriculture has long been the backbone of Vietnam’s economy for a number of comparative advantages, such as cultivated land, forest cover, sea territories, tropical climate, and available and cost effective labour, according to Surajit Rakshit, head of Global Trade and Receivables Finance, HSBC Vietnam.

Many reputable international organisations have shown their optimism about Vietnamese economic outlook, predicting that the country can complete its GDP growth target of 6.5% this year.

VOV.VN - EU firms hold an especially advantageous position in terms of gaining access to the Vietnamese food processing market thanks to the close trading ties that exist between the nation and the bloc, as well as a favourable image of European products among Vietnamese consumers, according to details given by Vietnam Briefing news site.

Strengthening regional linkages and harnessing the strengths of each province and city is crucial to promoting sustainable and green exports, according to experts at a recent forum on the subject held in Ho Chi Minh City.

Andrea Coppola, World Bank Lead Economist for Vietnam speaks to Vietnam News Agency about his recommendations for the country to speed up economic recovery and development in the time to come.