Banks lent more than VND480 trillion (US$18.88 billion) to economic entities in June, demonstrating the sector’s efforts in concretising the Government’s credit goal of 5-6% to the end of Q2.

Vietnam's economy recovered rapidly in the first half of 2024 after a challenging period at the end of 2022 and early 2023, thanks to its government’s drastic actions, according to Paulo Medas, head of the International Monetary Fund (IMF)’s 2024 Article IV Mission to Vietnam.

VOV.VN - The Vietnamese economy is forecast to grow by 6.95% this year compared to the previous projection of 6.48% on the grounds that its economic recovery is on the right track, said the Central Institute for Economic Management (CIEM) in its report released at a workshop in Hanoi on July 9.

VOV.VN - The recovery of two-way trade between Vietnam and the Republic of Korea has been on the right this year following a stiff fall last year, with the import-export turnover hitting US$38.4 billion in the first six months of 2024.

VOV.VN - The bilateral trade between Vietnam and China is reaching the threshold of US$100 billion in the first half of this year, with bilateral trade recording positive recovery despite on-going global economic difficulties and geopolitical conflicts.

VOV.VN - The rebound in consumption demand in many countries globally indicates positive signs ahead for Vietnamese exports, contributing to accelerating Vietnamese economic growth at about 6% this year, according to insiders.

VOV.VN - Deputies to the National Assembly on June 29 approved a resolution extending the existing VAT reduction policy for another six months till the end of 2024.

VOV.VN - The national economy of Vietnam has maintained its upward trajectory, expanding by 6.93% in the second quarter of the year, thereby raising first-half growth to 6.42%, reported the General Statistics Office on June 29.

VOV.VN - Despite some gains recorded, the post-COVID pandemic economic recovery programme has yet to live up to expectations due to shortcomings and limitations, including slow progress in implementation, and fear of responsibility, said deputies to the ongoing National Assembly session.

VOV.VN - Despite facing global complications and economic uncertainties, the Vietnamese economy is on its way to reaching pre-pandemic levels, with many international organisations continuing to appreciate the country’s growth prospects this year, the Government said in its report to the ongoing National Assembly (NA) session on May 20 in Hanoi.