SBV Governor Nguyen Van Binh (R) talks with IMF Managing Director Christine Lagarde (Source: State Bank of Vietnam)
Hanoi (VNA) 𝄹– Vietnam is comprehensively switching to a market economy and considers this the guiding principle of steering the economy, Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh told International Monetary Fund (IMF) Managing Director Christine Lagarde.
At their meeting in Hanoi on March 16, Binh said that this is an important point in the documents issued by the Vietnamese Party and Government.
He highly valued the IMF’s assistance to Vietnam along with its support and policy advice. In particular, the assessment and advice of the IMF on the 2014 Article IV consultation have greatly contributed to the country’s success in monetary policies and bank restructuring, which in turn has helped stablise the macro-economy and ensure public social welfares.
He stressed that the next five years are very important to Vietnam as achievements during this period will create a firm foundation for growth and sustainable development in the future.
Hence, the Southeast Asian nation wants to receive more technical assistance, training and policy advice from the IMF.
Christine Lagarde spoke highly of the resolve and policy direction of the Vietnamese Government and the SBV to maintain macro-economic stability, monetary and banking market stability and an optimal business climate.
She added that the IMF will further support Vietnam through providing policy advice, training and technical assistance for Government agencies and the SBV, and help the nation connect to and share experience with other IMF member countries that have similar economic features.-VNA
Vietnam re-gained macroeconomic stability over the past year, but the economy is progressing at two speeds, the International Monetary Fund (IMF) said in a press release on August 9.
An official from the International Monetary Fund (IMF) has raised the hope of giving technical assistance to and exchanging experience with Vietnam about macroeconomic management in the near future.
Vice Chairman of the National Assembly’s Economic Committee Nguyen Duc Kien spoke with Nhan Dan (People) newspaper about the restructuring of the banking sector and solutions to deal with bad debts.
Finance Minister Dinh Tien Dung has spoken highly of the International Monetary Fund (IMF)’s support for Vietnam in assessing the country’s macro-economy.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
SBV Governor Nguyen Van Binh (R) talks with IMF Managing Director Christine Lagarde (Source: State Bank of Vietnam)
