The State Bank of Vietnam (SBV) has announced adjustments to credit growth targets for banks in 2022.

More than VND55 trillion (US$2.33 billion) has been disbursed so far to financially support people and enterprises hurt by the COVID-19 as part of the national socio-economic recovery and development programme, according to a report by the Ministry of Planning and Investment.

VOV.VN - Seafood exports to the Russian market have recorded strong signs of recovery, with export revenue this year estimated to reach over US$190 million.

VOV.VN - The General Statistics Office (GSO) reports that Vietnam’s economy in the first eight months of this year has gradually regained the growth rate it enjoyed before the pandemic.

Domestic air transport has recorded spectacular recovery and breakthrough growth in the first eight months of 2022, according to a report issued by the Airports Corporation of Vietnam (ACV) on August 31.

The global hotel and resort sector is recovering well from the COVID-19 pandemic with improvements on occupancy and room rates, and Vietnam is no exception, said Mauro Gasparotti, director of Savills Hotels Asia Pacific.

Vietnam’s economic recovery will be stronger in the second half of 2022, particularly as the country resumed its tourism activities after a two-year closure, according to Standard Chartered’s latest Vietnam report.

VOV.VN - The National Assembly Standing Committee is scheduled to examine issues related to socio-economic recovery and development projects at an extraordinary session to be held on August 29 afternoon.

Mergers and acquisitions (M&A) in the banking industry are expected to remain high for the rest of the year as the industry continues the digital transformation process, according to experts.

Prime Minister Pham Minh Chinh on August 24 chaired the Government’s August meeting on law-making.