Vietnam’s credit growth reached around 13.5% in 2023 although unprecedented developments of the global economy posed formidable challenges to the country’s monetary policy, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said on January 3.

The State Bank of Vietnam (SBV) has set a credit growth target of 15% for the domestic banking system in 2024.

VOV.VN - Hai Phong, the largest port city in northern Vietnam attracted US$3.4 billion in foreign investment attraction (FDI) in 2023, ranking second in the country, according to the Hai Phong municipal statistics agency.

A Vietnam-Africa policy dialogue workshop on South-South cooperation to support food system transformation took place in the Mekong Delta province of Hau Giang on December 12, as part of the ongoing Vietnam-Hau Giang International Rice Festival 2023.

Vice President Vo Thi Anh Xuan on December 7 emphasised that the entire political system, organisations and individuals have joined hands in childcare activities when she chaired a meeting of the National Fund for Vietnamese Children (NFVC) Sponsorship Council.

The Central Lung Hospital and the US Agency for International Development (USAID) on November 30 launched the upgraded Vietnam Tuberculosis (TB) information management electronic system (Vitimes).

VOV.VN - Vietnamese President Vo Van Thuong put forwards major initiatives aimed at realizing future cooperation orientations within the Indo-Pacific Economic Framework for Prosperity (IPEF) at the APEC Economic Leaders’ Meeting 2023 in San Francisco, USA, on November 16.

Vietnam has been successfully connected with the ASEAN Compulsory Motor Insurance (ACMI) database system, the country’s national bureau for implementing Protocol 5 - the ASEAN Scheme of Compulsory Motor Vehicle Insurance (VINABAI) - said on November 15.

Thanks to free trade agreements with tariff barriers gradually being removed, the exports of Vietnamese products have been on the rise. However, they are likely to face trade defence lawsuits.

VOV.VN - The Vietnamese Government has initiated plans to begin construction of a North-South high-speed rail route by 2030 and put it into operation by 2045.