The State Bank of Vietnam (SBV) pledges to continue fostering exchange rate flexibility while maintaining macroeconomic and financial market stability, so as to ease concerns from the US Department of Treasury about the country’s currency practices.
VOV.VN - The latest wave of COVID-19 is anticipated to last longer than previous outbreaks, thereby adversely affecting the livelihoods of citizens and socio-economic development, particularly in the southern region, said Minister of Health Nguyen Thanh Long.
The Vietnam Bank for Agriculture and Rural Development (Agribank) on July 15 said it will cut lending rates in Vietnam dong for the fifth time.
VOV.VN - The Central Institute for Economic Management (CIEM) has revised two scenarios for the Vietnamese economy by the end of the year, with the GDP rate forecast to expand by 5.9% and 6.2%, respectively.
Most banks have agreed to cut the lending rate for enterprises hard hit by the COVID-19 pandemic from this month until the end of this year.
VOV.VN - As many as 4,040,783 doses of the COVID-19 vaccine have been administered in Vietnam since the fits shot was given on March 3, the Ministry of Health said on July 11.
Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has asked the Vietnam Banks Association (VNBA) to campaign lenders to slash interest rates immediately this month.
VOV.VN - A plane carrying 2,000,040 doses of Moderna vaccine donated by the US touched down at Noi Bai International Airport in Hanoi on July 10.
The high GDP growth rate of 5.64% reported for H1, when a number of large cities and provinces were under social distancing, businesses had to close, and people lost their livelihoods, has puzzled many people.
The national flag carrier Vietnam Airlines has been certified with the highest 5-Star COVID-19 Airline Safety Rating for the safety measures and improved hygiene processes introduced by the firm to help reduce the spread of the coronavirus.