Monetary policy discount rate

The global production shift expected to drive investment flow into Viet Nam will benefit the real estate market, especially industrial property. The Government’s efforts to hasten public investment disbursement with a focus on infrastructure development have also aided the real estate market. … [Read more...] about Interest rate for home loans forecast to stay low in 2021

According to Deputy Director General of the Vietnam National Administration of Tourism Ha Van Sieu, in order to ensure stable growth of both domestic and international tourism on the basis of market diversification, thus reducing dependence on certain markets, Vietnamese tourism needs to focus on implementing five groups of solutions. The first is the group of solutions for tourism product development. It is necessary to focus on the segment of high-spending tourists, with long-term stays, to build suitable tourism products, increase the number of tourists coming from low proportion markets such as ASEAN, or other markets such as Western Europe, North America, visitors from potential markets such as India, the Middle East. … [Read more...] about Restructuring the Vietnamese tourist market

In his conclusion, Trung suggested the UN increase policy consultancy, share knowledge and experience, as well as provide support for Vietnam in socio-economic management, especially economic restructuring and renovation of growth model, infrastructure and urban development, high-quality human resources development in close connection to market demand; green and circular economic development, resilience to climate change and extreme weather, biodiversity protection, water security and sustainable marine economic development, during the process of building a development cooperation framework for the 2022-2026 period. … [Read more...] about VIETNAM NEWS DECEMBER 4

There have been fundamental changes in hunger eradication and poverty reduction. In order to improve the effectiveness of the policy, the Government has combined all the hunger eradication and poverty alleviation programs into one – the "National Target Program on Sustainable Poverty Reduction in 2016-2020" (Under Decision 1722-QD/TTg, dated September 2, 2016 of the Prime Minister) – which is under the only one management agency - the Ministry of Labor, War Invalids and Social Affairs. … [Read more...] about Sustainable poverty reduction is one of seven national target programs

According to Phong, this is a tough problem to solve because it is related to conflicts of interest. If for common interest, the banks try to disburse as much as possible, paying attention to key and large-scale areas. But on the contrary, if lending is "easy", it will affect the benefits of the banks, especially debt collection as well as the bank's profit. … [Read more...] about Commercial banks expect SBV support to disburse capital, says expert