VOV.VN - Despite facing global headwinds, Ho Chi Minh City, the country’s largest economic-financial centre that was hardest hit by the COVID-19 pandemic in 2021-2022, secured high growth in 2023, creating an essential prerequisite for the city to move ahead in 2024 and beyond.

Prime Minister Pham Minh Chinh has asked for a renewed mindset in building laws and issuance of mechanisms and policies to mobilise the general strength for development, emphasising that institutions, mechanisms, and policies are the sources of national development.

Credit growth will be the main focus for the banking industry in 2024, as it is closely related to economic growth, according to analysts.

As the room for the fiscal policy remains quite large, Vietnam in 2024 should continue to pursue the counter-cyclical fiscal policy, with a focus on increasing spending and maximising tax and fee exemption and reduction, to support economic growth, experts believe.

VOV.VN - Competent Vietnamese agencies are formulating additional breakthrough support policies aimed at luring strategic investors amid fierce competition in foreign investment attraction and the imposition of the 15% global minimum tax in 2024, reported Dau Tu (investment) newspaper.

VOV.VN - Prime Minister Pham Minh Chigh outlined Vietnam’s major development orientations in its policy line during a policy dialogue in Davos, Switzerland, on January 16 afternoon (local time) on the sidelines of the 54th annual meeting of the World Economic Forum (WEF) 2024.

VOV.VN - On the basis of steadfastly carrying out the 'One China' policy, Vietnam maintains and develops folk and non-governmental ties with Taiwan in the fields of economics, trade, investment, science and technology, culture, and education without developing any state-level relations with Taiwan.

Vietnamese Consul General in Hong Kong (China) Pham Binh Dam emphasised achievements in relations between the two sides for 2023, in a recent interview granted to the Vietnam News Agency.

Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said at the press conference on January 3 that the central bank will not consider increasing operating rates and might extend debt rescheduling policies to support enterprises this year.

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.