Vietnam's industrial sector grew by 9% in 2022, according to a report published on December 26 by the Ministry of Industry and Trade (MoIT).

VOV.VN - This year has seen the State Bank of Vietnam (SBV) operate a flexible monetary policy aimed at controlling inflation, supporting further economic recovery, adapting to market fluctuations, and ensuring the safety of the banking system.

Vietnam's real estate market is unlikely to boom next year, according to experts.

Given the little room left for monetary policy to add stimulus to the economy, fiscal policy would be the engine of growth next year, according to Ho Sy Hung, vice chairman of the Commission for the Management of State Capital at Enterprises.

The State Bank of Vietnam (SBV)’s recent decision to revise up the 2022 credit growth target of the banking system has eased access to bank loans amid a credit crunch, especially at the peak season to prepare for Lunar New Year (Tet).

About VND9 trillion (US$382 million) of public investment capital from foreign sources has been disbursed in the first 11 months this year, accounting for only 26% of the allocated capital.

VOV.VN - Iranian Vice President Seyyed Mohammed Hosseini has called for greater efforts to be made by both Vietnam and Iran to elevate two-way trade to US$2 billion moving forward.

VOV.VN - The EU-Vietnam Free Trade Agreement (EVFTA) contributes to attracting European businesses and financiers to Vietnam, thereby expanding investment and business ties while creating a wealth of opportunities for local firms to step up co-operation and absorb technology transfer, according to economic experts.

Prime Minister Pham Minh Chinh chaired a meeting between permanent Government members and some ministries and sectors on December 6 to discuss macro-economic, fiscal, and monetary policies.

Chinese demand for fruit for the lunar new year holiday accounts for up to 50% of Vietnam’s total fruit exports. Experts warn that the products may get stuck at border gates.