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.

A workshop on legal policies with the Vietnamese community in Europe was held on September 9 in both online and offline formats.

VOV.VN - Vietnam is expected to welcome a high influx of foreign visitors from September to April of the following year, a period representing the peak season for foreign tourist attraction, providing that it moves to ease its visa policies.

VOV.VN - The volume of international searches being made for Vietnamese tourism in August continued to record a sharp increase, according to the Vietnam National Administration of Tourism (VNAT).