Vietnam always wants to promote solidarity, friendship, and comprehensive, sustainable and long-term cooperation with Cambodia, considering this a priority in its foreign policy, Minister of National Defence General Phan Van Giang told Cambodian guests in Hanoi on August 8.

Capital account restrictions largely insulate interest rates in Vietnam from global monetary tightening and the country’s policy rate is expected to increase 50 basis points to 4.5% by end-2023, according to Fitch Ratings.

Vietnamese Minister of Foreign Affairs Bui Thanh Son led a Vietnamese delegation to attend the ASEAN Plus One, and ASEAN Plus Three Foreign Ministers’ Meetings, and co-chaired the ASEAN-Republic of Korea (RoK) Foreign Ministers’ Meeting in Cambodia on August 4.

VOV.VN - A spokesperson for the Ministry of Foreign Ministry of Vietnam on August 3 reiterated Vietnam’s support for the One-China policy and called on relevant parties to exercise restraint across the Taiwan Strait.

As cashew exports in the first half of 2022 fell by 9.2% against the same period last year, the Vietnam Cashew Association (VCA) has to adjust down its annual export target to US$3.2 billion.

Deputy Prime Minister Le Minh Khai has ordered the acceleration of the disbursement of financial packages serving the socio-economic recovery programme, particularly rent subsidy for workers as well as support in terms of interest rate for firms and cooperatives.

Prime Minister Pham Minh Chinh chaired a meeting on July 28 to discuss short- and long-term measures for keeping inflation under control, stabilising the macro-economy, and promoting socio-economic recovery and development.

With the new multi-dimensional poverty line approved last year, the near poor and poor household rate in Vietnam increases from 5.2% in 2020 to 9.35% this year, meaning an additional 10 million people to benefit from the Government’s social protection and poverty reduction policies and programmes.

The Roadmap on the ASEAN Higher Education Space 2025 and its two-year implementation plan were launched at the 15th SHARE Policy Dialogue in Hanoi on July 27.

VOV.VN - Despite the global economy enduring an array of unpredictable fluctuations, the timely introduction and effective implementation of Government policies have contributed to Vietnam avoiding external shocks whilst also promoting growth.