Vietnam’s public debt in 2023 amounted to VND3.8 quadrillion, equivalent to 37% of gross domestic product (GDP), according to the Ministry of Finance.
With a business-friendly approach and an open-door policy, the northern province of Bac Ninh has emerged as a key destination for major players in the electronics and semiconductor industry.
Suffering from declined overseas shipments, export businesses in some industries now need more assistance from the Government to navigate difficulties and challenges, insiders have said.
The Ministry of Finance (MoF) plans to implement several policies to support the business sector and people, and promote the country's economic growth in 2024, according to Minister Ho Duc Phoc.
The total revenue to the State budget as of December 25 surpassed VND1.69 quadrillion (nearly US$69.5 billion), up 4.5% compared to the yearly estimate, heard a conference hosted by the Ministry of Finance in Hanoi on December 27.
VOV.VN - The State President has signed a decision to commute prison terms from death sentence to life imprisonment for convicted prisoners who have submitted petitions for clemency.
VOV.VN - A number of policies introduced by the Government to remove obstacles faced by business operations and promote social housing projects have recently exerted a positive impact on the real estate market, according to industry insiders.
The Prime Minister on December 22 issued a decision approving an investment policy for the first-stage construction and operation of infrastructure in the Vietnam-Singapore Industrial Park II (VSIP II), located in the Dung Quat Economic Zone, the central province of Quang Ngai.
A sound foreign policy has helped promote Vietnam’s stature in the international arena, according to Director of Italy-based AGC Communication Antonio Albanese.
The similarities in foreign policies is the string that binds the relations between Vietnam and Latin American countries throughout history, according to politicians and media.