VOV.VN - Despite a number challenges hampering growth, the Vietnamese services sector remains a bright spot, partially offsetting some external weaknesses, according to “Vietnam’s May trade data” report recently released by HSBC.

The tourism sector served 12.5 million domestic visitors in May, pushing the total number of the group to over 50.5 million in the first five months.

VOV.VN - The country welcomed a total of 4.6 million foreign visitors during the initial five months of the year, a figure 12.6 times higher than that of the same period from last year, or around 63% of pre-pandemic levels recorded back in 2019.

VOV.VN - Despite the total import export turnover standing at an estimated US$262.54 billion, still down 14.7% over the same period from last year, the import and export turnover in May showed signs of improvement, according to figures released by the General Statistics Office (GSO).

Measures must be taken to bring down bank interest rates, said the State Bank of Vietnam (SBV) at a meeting with CEOs from 26 commercial banks in the country on May 25.

VOV.VN - VietinBank and MUFG Bank, Ltd. (MUFG) have commemorated 10 years of strategic alliance that enabled both organizations to support the growth of Vietnam’s banking sector and foster deeper Vietnam-Japan business and knowledge exchanges.

Will Vietnam's tourism see a boost soon? Industry insiders are optimistic about future prospects as the Government weighs up a 90-day e-visa to gain a competitive edge as a leading tourism destination.

The presence of foreign-invested enterprises in Vietnam's retail sector has increased competition among businesses, jointly regulating supply and demand in the domestic market.

The Vietnam-Wales education cooperation workshop took place in Cardiff, Wales, gathering representatives of the Vietnamese Ministry of Education and Training (MoET), the Global Wales programme, the British Council, eight universities from Wales, and 30 from Vietnam.

Vietnam's banking sector has invested over VND15,000 trillion in digital transformation by the end of 2022, according to the State Bank of Vietnam (SBV).