Prime Minister Pham Minh Chinh emphasised that Vietnam will not change its target of achieving economic growth of 8% or higher this year, while simultaneously maintaining macroeconomic stability, ensuring social welfare, and improving people's livelihoods.
The dispatch highlighted that the detailed allocation of the capital accounted for only 96.07% of the Government leader’s assigned target as of January 23, with some 84.84 trillion VND (3.32 billion USD) remaining unallocated across 26 central agencies and 48 localities.
Macroeconomic stability and infrastructure development are set to be the key drivers propelling Vietnam's real estate market to new heights in 2025, according to industry experts.
Credit growth across the banking sector reached 15.08% as of the end of 2024, exceeding the year’s target of 15%, according to Standing Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.
Prime Minister Pham Minh Chinh on November 27 ordered the Governor of the State Bank of Vietnam (SBV) to outline solutions aimed at improving credit management for 2024 in the face of evolving global economic challenges.
Foreign investors poured a total of 2.4 billion USD into the real estate market of Vietnam in the first eight months of this year, five times the level over the same period last year, according to the latest updates from the General Statistics Office (GSO).
The Ministry of Justice held a meeting to appraise the draft resolution of the National Assembly on VAT reduction, which was chaired by Deputy Minister Tran Tien Dung.
Prime Minister Pham Minh Chinh has requested ministries, sectors, and localities to consistently implement priorities for growth linked with macroeconomic stability, controlling inflation, and ensuring major balances of the national economy, said Minister-Chairman of the Government Office Tran Van Son at the regular Government press conference on March 2.
Chairman of the National Assembly (NA) Vuong Dinh Hue asked legislators to thoroughly scrutinise the draft revised land law so as to ensure its highest quality, while delivering opening remarks at the fifth extraordinary meeting of the 15th legislature on January 15.
Priority should continue to be given to maintaining macroeconomic stability, controlling inflation, spurring growth and ensuring major balances of the economy, Prime Minister Pham Minh Chinh said at the Government’s February meeting on March 3 in Hanoi.
The State Bank of Vietnam remains steadfast in implementing a flexible and effective monetary policy to curb inflation, stabilize the currency, and ensure macroeconomic stability.
Macroeconomic stability will be a good foundation for developing the stock market, Deputy Minister of Finance Nguyen Duc Chi said at the Government’s regular press conference on October 29 in Hanoi.
Businesses have faced difficulties in access to capital and commercial banks want to be able to lend freely to meet market demand. However, experts said the imposition of the credit growth cap is still necessary to keep the country’s macro economy stable in the short run.
Vietnam has recorded a strong and impressive socio-economic rebound in the context that the COVID-19 pandemic has been controlled effectively, said Minister-Chairman of the Government Office Tran Van Son at a regular press conference of the Government on October 1.
The State Bank of Vietnam (SBV) will persist in monetary policy management solutions towards macroeconomic stability, but closely follow all developments to manage the situation in an appropriate manner, SBV Governor Nguyen Thi Hong said, given the Federal Reserve System (Fed)’s latest interest rate increase.
Prime Minister Pham Minh Chinh chaired a conference in Hanoi on September 12 to continue seeking measures for keeping macroeconomic stability, controlling inflation, boosting growth, and ensuring major balances of the economy in the current context.
National Assembly (NA) Chairman Vuong Dinh Hue met voters in Le Chan district, the northern city of Hai Phong on May 14, ahead of the third session of the 15th legislature.
