Economic recovery program extension proposed
HCMC – A National Assembly (NA) deputy has proposed extending the economic recovery and development program until 2024-2025. Le Quang Manh, new head of the NA Finance and Budget Committee, said public capital disbursements were slower than planned while the program would end after six months,
HCMC sees IIP rebounding strongly in 2022
HCMC – The index of industrial production (IIP) of HCMC in 2022 is estimated to expand 17.3% over 2021, indicating the city’s economic recovery is on track. The IPP of four key industries has grown nearly 20%, 2.6 percentage points higher than the overall growth of the industrial production
Vietnam’s economy rebounds strongly
HCMC – Vietnam’s economy has seen strong recovery this year, according to data from the General Statistics Office of Vietnam. The vibrant post-pandemic economic growth of Vietnam has been facilitated by controlled inflation and macroeconomic stability. Between January and October, foreign trade
HCMC’s economy faces headwinds
HCMC – Global economic uncertainties and irregularities involving several local businesses are headwinds for the economy of HCMC, the country’s economic center, said officials and experts. These headwinds might affect the city’s economic recovery plan this year, they said at a meeting on the
Vietnam considered as the power ahead in economic growth, said Gulftoday
It is said on Gulftoday that " Vietnam’s success in curbing the coronavirus so far, while others struggle, is helping the country power ahead in economic growth and attracting major funds".
Central bank targets credit growth of 12 percent in 2021
The State Bank of Vietnam (SBV) targets a credit growth rate of 12 percent in 2021, equivalent to the growth of 12.13 percent last year, according to SBV Deputy Governor Dao Minh Tu.