Vietnam’s economy glimmers with bright prospects but faces new challenges, given the fact that the COVID-19 pandemic has yet to end and global political and economic shocks continue.

VOV.VN - Prime Minister Pham Minh Chinh emphazised that major focus should be placed on implementing three national target programmes and the scheme to boost socio-economic recovery and development after the COVID-19 pandemic, while chairing a regular cabinet meeting on June 4 in Hanoi.

Commercial banks are expecting to have higher credit growth limits in Q2 2022 as they have already used up most of their assigned quota this year.

The northern province of Hai Duong is striving to create optimal conditions for Japanese investors, Secretary of the provincial Party Committee Pham Xuan Thang affirmed on May 30.

VOV.VN - Despite existing risks continuing to impact production and exports, the Ministry of Industry and Trade is still making every effort to fulfill this year’s export growth target of 8% set by the National Assembly (NA).

VOV.VN - The United Nations Development Program (UNDP) in February approved a new Country Program Document from 2022 to 2026 for a green, prosperous Vietnam with no one left behind.

VOV.VN - The Economic Daily of China has recently published an article stating that the Vietnamese economy is currently enjoying rapid development, although it is facing new challenges amid the constantly fluctuating international situation.

The targets set for 2022, including the growth target of 6-6.5%, remain a huge challenge given the domestic and international situation, Deputy Prime Minister Le Van Thanh said at the third session of the 15th National Assembly in Hanoi on May 23.

For Vietnam to realise its aspiration for reaching high income status by 2045, the country will need to shift its economic growth model and sharply improve the government’s capacity to coordinate and implement economic policy reforms and public investments, a World Bank Group report says.

The Communist Party of Vietnam (CPV) and the Social Democratic Party of Germany (SPD) convened their seventh dialogue in Berlin on May 16, talking green growth in line with environmental protection and climate change adaptation in the two countries.