An expected rise in foreign direct investment and domestic demand will continue driving the local economy forward until next year.
Starting the annual general meeting (AGM) season, several banks have revealed ambitious plans for 2017.
Chairman of the Party Central Committee’s Commission on Economic Affairs Nguyen Van Binh had a meeting with a delegation of specialists from the International Monetary Fund (IMF) in Hanoi on March 30.
Vietnam’s listed steel companies can achieve higher growth in 2017 despite a volatile and predictable international market if they optimise operations and exploit missing links in the sector’s supply chain, experts said on March 13.
Vietnam has just entered 2017, but already market analysts are trying to predict the trends of the next 12 months. Senior economist Le Xuan Nghia, director of the Business Development Institute, provides an insight about monetary and financial market movements in the new-year.
Chief Economist of the International Monetary Fund (IMF) Maurice Obstfeld has expressed his support for Vietnam’s reform orientations, especially in the fiscal policy and the restructuring of the banking system and State-owned enterprises.
VOV.VN - Italian people will vote for or against constitutional reforms on December 4. The referendum result will impact Prime Minister Matteo Renzi’s political career and Italy’s political stability.
The International Monetary Fund (IMF) has forecasted Indonesia’s economic growth will reach 5.1% in 2017, mostly driven by domestic expenditure and private investment.
The Party and Government of Vietnam consistently pursue the goal of stabilising macro-economy, heed growth quality, and accelerate economic restructuring, especially bad debts and banking system, head of the Party Central Committee’s Economic Commission Nguyen Van Binh said.
The Central Bank of Malaysia (BNM) has announced that as of October 14, the country’s foreign currency reserves reached 405.6 billion ringgit (US$97.32 billion).
The inclusion of China’s yuan into the International Monetary Fund (IMF)’s basket of reserve currencies will impact finance across the globe, and Vietnam is no exception.
Prime Minister Nguyen Xuan Phuc has expressed his hope to receive more macro-economy policy consultations of the International Monetary Fund (IMF) in the time ahead.
The International Monetary Fund has warned Vietnam’s government about a growing budget deficit and public debt, largely due to a big rise in recurrent expenditure and ineffective usage of public investment.
Slow industrial development will be one of the key factors posing a challenge to the economy in reaching its growth target of 6.7% this year.
European leaders told Britain on June 28 to act quickly to resolve the political and economic confusion unleashed by its vote to leave the European Union last week, after the IMF said the uncertainty could put pressure on global economic growth.
Public investments that exceed the State budget’s payment capacity should not be implemented, Finance Minister Dinh Tien Dung said, referring to it as one of a string of measures to ensure public debt stays within safety limits.
VOV.VN - Greece’s public debt crisis has seen positive developments when Eurogroup, a group of 19 finance ministers of the eurozone, reached an important agreement last week.
Growth in Asia-Pacific economies is expected to decelerate slightly to about 5.3% during 2016–17, according to the latest Regional Economic Outlook for Asia and Pacific, published on May 3, 2016.
Vietnam has maintained macroeconomic stability, recorded good economic growth, and curbed inflation at a low level, creating a foundation for stronger development in the near future, the International Monetary Fund (IMF) evaluated.
VOV.VN - A delegation of experts from the International Monetary Fund (IMF) led by Mr John Nelmes is on a working visit to Vietnam.