Measures taken to bring down petrol prices could reduce State budget collection by VND32.5 trillion (US$1.4 billion) this year, according to Deputy Minister of Finance Nguyen Duc Chi.

VOV.VN - The Hong Kong and Shanghai Banking Corporation (HSBC) has lifted Vietnam’s GDP growth forecast this year to 6.9% from its previous prediction of 6.6% on the back of strong economic recovery coupled with rising domestic consumption demand.

VOV.VN - The International Monetary Fund (IMF) has predicted that with the country’s ongoing strong economic recovery, the Vietnamese economy is likely to reach real GDP growth rates of 6% this year before rising to 7.2% in 2023.

Vietnam’s activities within the framework of the 50th session of the United Nations Human Rights Council (UNHRC) will help the country mobilise international support for its candidacy for the council’s membership for the 2023-2025 term, Assistant Minister of Foreign Affairs Do Hung Viet has said.

VOV.VN - International media outlets have made an in-depth analysis of Vietnam’s strong economic recovery in the first half of the year, noting the local economy is gradually securing pre-COVID pandemic growth.

VOV.VN - Prime Minister Pham Minh Chinh chaired a conference in Hanoi on July 4 to examine national socio-economic gains in the past six months and look for solutions in the second half of the year.

Ho Chi Minh City’s economy has seen a steady revival and is on course to return to pre-COVID levels, Chairman of the municipal People’s Committee Phan Van Mai said on June 29.

Vietnamese Consul General to Vladivostok Nguyen Dang Hien made a working trip to the Republic of Sakha (Yakutia) from June 21-25 aiming to promote cooperation between Vietnam and this republic of Russia. ​

A Ho Chi Minh City programme to link banks and businesses has seen around VND93 trillion (US$3.97 billion) disbursed so far this year to help revive the economy which was battered for two years by the COVID-19 pandemic.

The economic recovery across the South-East Asian region has been uneven and must now contend with rising external headwinds from outside the region.