Pre-tax profits of listed banks are forecast to rise by 45.2 per cent in 2018 (File Photo)

Tightened monetary policy forecast for Q4 2018

The State Bank of Vietnam (SBV) will likely continue its tightened monetary policy in the remaining months of the year after its decision to strictly control lending to high risk sectors in the third quarter didn’t adversely affect the country’s economic growth, according to experts.
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.
Vietnam’s economic growth unsustainable

Vietnam’s economic growth unsustainable

Delegates at a conference on Vietnam’s economy prospect said the country’s economic growth unsustainable in the third quarter this year in Ho Chi Minh City yesterday.
HSBC: Vietnam’s export growth at 20 percent in 2014

HSBC: Vietnam’s export growth at 20 percent in 2014

Vietnam’s export will grow to 20 percent this year from 15.4 percent in 2013, helping the country’s economic growth to reach 5.6 percent, according to the latest report on the country’s macroeconomic prospects by the Hongkong and Shanghai Banking Corporation (HSBC).

Economic growth at 4.9 percent in first six months

The Ministry of Planning and Investment recently announced that the country’s economic growth in the first half of this year was at 4.9 percent, almost equal to that in the same period last year.
VN no longer listed among poor countries

VN no longer listed among poor countries

No longer listed among the poor and backward countries as of this year, Vietnam has become a middle-income country; however, the country’s economic growth is still unsustainable.