The Republic of Korea’s digital transformation policy and implications for Vietnam, Vietnam’s digital banking transformation policy, the importance of credit information system in digital transformation and the leap towards digitisation were discussed at a recent symposium in Hanoi.

A delegation of the Ministry of Culture, Sports and Tourism led by Minister Nguyen Van Hung joined more than 2,500 delegates from 161 countries and territories at the UNESCO World Conference on Cultural Policies and Sustainable Development (MONDIACULT) 2022 held in Mexico from September 28-30.

Vietnam and India hold great potential for cooperation in establishing supply chains following COVID-19, which has seriously affected both economies over the past two years due to disruptions in regional and global supply chains, according to Indian analysts.

As many major central banks tightened monetary policies to contain soaring inflation, the State Bank of Vietnam (SBV) on September 22 also decided to hike its benchmark interest rate by 100 basis points, effective September 23.

Vietnam's economic success story has been closely associated with improved economic freedom, which will likely remain a strong driving force for the country's socio-economic development in the future, said policymakers and experts during a conference organised by the EuroCham in Hanoi on September 22.

The State Bank of Vietnam (SBV) will persist in monetary policy management solutions towards macroeconomic stability, but closely follow all developments to manage the situation in an appropriate manner, SBV Governor Nguyen Thi Hong said, given the Federal Reserve System (Fed)’s latest interest rate increase.

A thematic session on accelerating institutional reform – perfecting land policy for socio-economic recovery and development, as part of the 2022 Vietnam Socio-Economic Forum, opened in Hanoi on September 18.

VOV.VN - Ensuring macro-economic stability and enhancing resilience of the national economy are always the top goal amid unpredictable fluctuations and uncertainties of the global and regional situation.

Vietnam is one of the premier partners in the Indian Technical & Economic Cooperation (ITEC) programme. India’s development cooperation and capacity building efforts with Vietnam are also in line with the important place that Vietnam occupies in India’s Act East Policy and Indo Pacific Vision.

VOV.VN - Vietnam’s inflation rate is projected to be at between 3.5% and 3.8% this year as there remains plenty of room for adjustments to be made to policies in order to accelerate the country’s economic recovery moving forward, according to economic advisers.