Financial market restructuring

Financial market restructuring

Financial market plays a key role in economic growth and macroeconomic stabilization. The fact that capital circulates smoothly from financial sector to the real economy and capital is effectively allocated to preferential fields and industries is significant for the process of restructuring the economy and supporting private sector – the main growth motivation.

A production line in the Jasan Textile and Dyeing Vietnam in VSIP Hai Phong, which is invested by China (Photo: VNA)

Highlights in economic growth in 2018

The year 2018 ends with several records, which are the highlights in the national economic panorama, laying the firm foundation for the country to strive to successfully implement the Resolution of the 12th National Party Congress and Resolution 142/2016/QH13 on the five-year socio-economic development plan for 2016-2020. 
Prime Minister Nguyen Xuan Phuc (C) (Source: VNA)

PM lauds Binh Phuoc’s efforts to foster economic growth

Prime Minister Nguyen Xuan Phuc on August 20 hailed Binh Phuoc province’s efforts to seek new markets as a crucial step towards expanding production and fostering growth, affirming this way would help attract potential investors.
Consumers shop at Co.op Mart Quang Trung in Ho Chi Minh City (Photo: VNA)

Domestic trade, services crucial to economic growth

Domestic trade and services have played an important role in meeting people’s consumption demand and contributing to the economy’s growth in recent years, an official of the Ministry of Industry and Trade (MoIT) has said.
Foreigners visit a fish source production facility in An Thoi Town, Phu Quoc Island. (Photo: VNA/VNS)

Special econ zones should enjoy special rules: PM

Prime Minister Nguyen Xuan Phuc agreed in principle that the three special economic zones being planned by the Government to spearhead the country’s economic growth should enjoy special regulations and fewer limitations to woo investments.