Many banks have increased their interest rates to attract more depositors after getting a credit growth quota expansion from the State Bank of Vietnam (SBV).

VOV.VN - The local garment and textile sector is targeting an export turnover of US$39 billion this year, marking increases of 11.2% and 0.2% compared to 2020 and 2019, respectively, according to the Vietnam Textile and Apparel Association (VITAS).

Vietnamese developers’ contracted sales are forecast to increase by 20%-30% next year thanks to an improving operating environment, with rising vaccination rates and continued easing of mobility restrictions likely to spearhead the economic recovery, according to Fitch Ratings.

The bailout in 2008-2009 pushed the national economy to a high inflation rate in following years, once climbing to 18%.

VOV.VN - With the average growth rate of the footwear industry throughout the 2016 to 2019 period increasing by 12.1% annually, Vietnam ranked second in the world in terms of footwear exports, surpassing China to become the largest exporter of canvas shoes.

Deposit interest rates at commercial banks will continue to decrease and remain at low levels in the coming months, analysts forecast.

VOV.VN - The Ministry of Health has planned to vaccinate people with a COVID-19 booster jab, starting later this year, said Minister Nguyen Thanh Long.

The Ministry of Finance is taking measures to better develop the corporate bond market safely and effectively.

Salary increases at multinational companies this year are expected to be marginally down from 2020 and rise slightly next year.

Ho Chi Minh City is now at Level 2 of pandemic risk, but its response scenario is at Level 3. The healthcare department believes that city residents are underestimating pandemic risks.