The flow of overseas remittances to Ho Chi Minh City is estimated to reach about US$8.92 billion in 2023, up 35% year on year, said Deputy Director of the State Bank of Vietnam (SBV)’s Branch in HCM City Nguyen Duc Lenh.

With the pace of economic activities on the mend and inflation rates already easing below the target level, the State Bank of Vietnam (SBV) will maintain its refinancing rate at the current level of 4.5% to support economic recovery, the United Overseas Bank (UOB) said in a report.

VOV.VN - Over 90% of Vietnam's small and medium-sized enterprises are currently facing numerous challenges such as the ability to apply technology, willingness to innovate themselves in order to improve product quality, increase competitiveness and take advantage of incentives from free trade agreements (FTAs).

Vietnamese airlines have enjoyed better business results on the back of the tourism sector’s strong recovery. However, high oil prices and fierce competition from foreign competitors are among the grave concerns for domestic carriers.

VOV.VN - Promising to be the kick-off after the recovery of Vietnam's travel business, ITB Asia 2023 in Singapore from October 25 to 27 gathered the supportive appearances of Vietnam and many other regional countries.

VOV.VN - Prime Minister Pham Minh Chinh chaired an online and in-person conference in Hanoi on November 15 in an effort to revive the Vietnamese tourism industry in a fast and sustainable manner.

VOV.VN - Three key economic growth drivers – investment, domestic consumption and export – are showing signs of gathering steam after a period of sharp decline and stagnation, according to Minister of Planning and Investment Nguyen Chi Dung.

VOV.VN - A plant that treats domestic solid waste and industrial waste to generate electricity was inaugurated in Phu Lang village, northern Bac Ninh province, on November 1.

The Government has proposed the National Assembly (NA) to allow it to continue the 2% interest rate support policy for enterprises, cooperatives, and business households.

Although Vietnam’s economy showed signs of recovery in the third quarter of this year, particularly in industrial production and exports, a significant increase in headline inflation has emerged as a cause for concern, prompting scrutiny from policymakers.