The website Bloomberg.com of the US on January 8 cited analysts' opinions, saying that the State Bank of Vietnam (SBV), among the first in Asia to lower borrowing costs in 2023, willl likely keep its benchmark interest rate steady through next year as it tackles economic growth and inflation concerns.
VOV.VN - The Vietnam Value has moved up one spot to 32nd out of 100 strong national brands globally, with its value hitting US$431 billion, according to a Government official.
VOV.VN - The State Bank of Vietnam (SBV) forecast that nearly VND2 quadrillion would be pumped into the national economy in 2024 to support economic recovery if the 15% credit growth target is met.
Da Nang International Airport in the central city of Da Nang has become the first and the only terminal in Vietnam to be certified as a 5-star airport by international airport rating agency Skytrax, according to Do Trong Hau, deputy general director of the Da Nang International Terminal Investment and Operation Joint Stock Company (AHT).
The value-added tax (VAT) for most of goods and services will be cut by 2% from January 1, 2024.
Credit rating agency Fitch Ratings has forecast Vietnam’s growth in the medium term at around 7%, with many favourable signs.
Savings interest rates have set a new record low of only 1.9% per year for a 1-2-month term.
Vietnam's corporate bonds worth VND230.2 trillion (nearly US$9.5 billion) had been redeemed before maturity by December 25, an increase of 5.8% compared to the figure in 2022, according to the Ministry of Finance.
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 rates of stunting and underweight among children aged under five in ethnic groups in Vietnam remain at 31.4% and 21% respectively, according to the National Institute of Nutrition.