As the COVID-19 pandemic is predicted to linger and affect the State budget revenue as well as spending on the pandemic combat, it is necessary to flexibly combine fiscal and monetary policies to keep macro-economic stability, said Minister of Finance Ho Duc Phoc.
The Vietnam Economic Forum 2021, themed “Recovery and Sustainable Development”, took place in Hanoi on December 5 under the chair of National Assembly (NA) Chairman Vuong Dinh Hue.
The building of economic recovery solutions will depend on the development of COVID-19, the progress of vaccination and the capacity of supplying COVID-19 treatment medicine when the country switches to the new normal situation, said Minister of Planning and Investment Nguyen Chi Dung.
The State budget collection is expected to reach about 8.3 quadrillion VND (361.7 billion USD) under the national financial plan for 2021-2025.
The first session of the 15th National Assembly (NA) concluded in Hanoi on July 28.
The 15th National Assembly adopted a resolution on the national financial plan and public debt borrowing and payment for the 2021-2025 period on July 28 during the ongoing first session in Hanoi.
The 15th National Assembly (NA) will discuss and decide on a number of important issues on July 28, the last working day of the first plenary session.
The 15th National Assembly (NA) is scheduled to vote on a resolution on the Government’s organisational structure in the 2021-2026 tenure on July 23 as part of the ongoing first plenary session.
The 14th National Assembly Standing Committee concluded its 58th meeting in Hanoi on July 14.
The 58th meeting of the 15th National Assembly (NA) Standing Committee will open on July 12, the NA Office said in a statement on July 9.
The World Bank has approved two development policy operations (DPO) totalling 321.5 million USD to support Vietnam’s recovery efforts.
The World Bank (WB)'s latest update on East Asia and Pacific economies has highlighted the uneven recovery in the regional economies' growth, as countries are recovering from the impact of the COVID-19 pandemic.
Vietnam’s economy will grow 6.5 percent each year over the course of the next 10 years as the Government diversifies export markets and improves infrastructure, according to market researchers Fitch Solutions.
Prof. Tran Van Tho, a former lecturer at Japan’s Waseda University suggested several measures for Vietnam to achieve sustainable economic development in the next period in an interview recently granted to a Vietnam News Agency reporter in Tokyo.
The national finance sector has recorded important developments and made decisive contributions to the country’s achievements, according to member of the Party Central Committee and Minister of Finance Dinh Tien Dung.