The Government has proposed the National Assembly keep its structure of 18 ministries and four ministerial-level agencies for the 15th tenure.
The Vietnamese Government has responded swiftly to the COVID-19 economic impacts, which was supported by strong fundamentals, thus ensuring the economy’s resilience, said Asian Development Bank (ADB) Country Director for Vietnam Andrew Jeffries.
Prime Minister Pham Minh Chinh on May 5 presided over the Government’s April meeting, which was the first meeting of the Cabinet after it completed the personnel work last month.
Party General Secretary Nguyen Phu Trong lauded efforts and achievements made by the banking sector during the national cause of economic development as he delivered a speech at a ceremony marking the sector’s 70th founding anniversary (May 6).
The State Bank of Vietnam (SBV) introduced two books on the history of the Vietnamese currency and of the central bank at a press conference on April 29, to mark the 70th anniversary of the country’s banking system (May 6, 1951-2021).
Credit growth in the first three months of 2021 rose 2.93% quarter-on-quarter, much higher than last year’s figure of less than 1%. First-quarter credit growth is normally the lowest for the year, so insiders have high hopes for the yearly figure.
Experts expect that consumer loans will resume in the second half of 2021, thereby boosting the overall credit growth.
The State Bank of Vietnam said it would be consistent with the goal of controlling inflation, maintaining macroeconomic stability, and improving the quality of monetary policy planning and administration.
Minister of Natural Resources and Environment Tran Hong Ha on January 27 emphasised the importance of a circular economy while Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong noted the need to stay persistent in the target of keeping inflation under control and maintaining macro-economic stability.
Discussion on draft documents of the 13th National Party Congress continued at the hall in the afternoon of the third working day January 27. The session was chaired by Pham Minh Chinh, Politburo member, Secretary of the Party Central Committee and Head of the Party Central Committee's Organisation Commission. VNA Photo
Preparations for the 13th National Party Congress at the National Convention Centre have been completed.
Vietnam's growth accelerated to 4.5 percent in the last quarter of 2020, resulting in an annual growth rate of 2.9 percent - making it one of the fastest growing economies in the world, according to the World Bank (WB).
Streets in the capital city of Hanoi have been decorated with national flags, panels and banners to welcome the 13th National Congress of the Communist Party of Vietnam (CPV).
Vietnam among very few countries to post GDP growth rate of 2.5-3 percent, and the signing of the Regional Comprehensive Economic Partnership (RCEP) agreement in 2020 when Vietnam assumes ASEAN Chairmanship are among the top 10 domestic economic events in the year. The following are the ten outstanding events as selected by the Vietnam News Agency.
Though COVID-19 has sent the global economy into one of its worst recessions ever, Vietnam posted GDP growth of 2.91 percent in 2020 thanks to its solid control of outbreaks and timely support to both enterprises and local people.
Major streets in Hanoi are adorned with lights and posters to welcome the upcoming 13th National Party Congress.
The Politburo has assigned Le Minh Hung, member of the Party Central Committee and Governor of the State Bank of Vietnam (SBV) as Chief of the Party Central Committee’s Office.