Vietnam's economic strength is reflected in controlled macroeconomic indicators and the country has increasingly affirmed and strengthened its important role in the supply chain diversification strategy of multinational corporations. 2024 will be the year for foreign investors to seize opportunities and implement high-tech foreign direct investment (FDI) projects in Vietnam.
VOV.VN - Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam to apply a flexible monetary policy, especially in credit and interest rate management, in order to support business operations and the national economy as a whole.
VOV.VN - Trade balance continues to record a trade surplus for the eighth consecutive year with an estimated surplus of US$26 billion, a nearly three-fold increase over 2022, positively contributing to the balance of payments, helping to increase foreign exchange reserves, and stabilizing exchange rates and other macroeconomic indicators.
VOV.VN - The Vietnamese Government will continue to priotise strongly promoting growth associated with consolidating and maintaining macroeconomic stability, controlling inflation and ensuring major economic balances in a bid to create more positive changes in making strategic breakthroughs.
Founder and Executive Chairman of the World Economic Forum (WEF) Klaus Schwab described Vietnam as a bright spot of economic growth after the COVID-19 pandemic at his meeting with Prime Minister Pham Minh Chinh in Jakarta, Indonesia, on September 5.
VOV.VN - Vietnam has continued to strongly attract foreign direct investment (FDI) thanks to its advantages such as macroeconomic stability, low inflation, and high GDP growth amid global uncertainties, said Deputy Minister of Planning and Investment, Tran Quoc Phuong.
Vietnam’s economy has begun to gather steam again since the start of the third quarter of this year, helping consolidate confidence of businesses and investors, experts have said.
VOV.VN - Prime Minister Pham Minh Chinh requested that ministries, agencies, and localities prioritise removing obstacles to business and production, while chairing a Government meeting on August 5 in Hanoi to review socio-economic performance in July and outline orientations for August and beyond.
Experts gave recommendations to restore aggregate demand and promote growth in the new context at the mid-year macro-economic roundtable in Hanoi on July 11.
The banking sector should take more drastic measures to restructure credit institutions in association with the settlement of bad debts to contribute to curbing inflation and stabilising macro-economic factors, according to insiders.