The first stage of developing the Ho Chi Minh City shared databases has finished. These databases are now in use to serve various state agencies and local authorities in administrative procedure completion, as well as businesses and individuals. Sai Gon Giai Phong (SGGP) Newspaper has conducted an interview with Deputy Director of the HCMC Department of Information and Communications (DoIC) Vo Thi Trung Trinh about this valuable resource.
Recently, many questions are being raised about the various trading methods and use of capital flow in financial markets. This is due to an increase in illicit financial flow into Vietnam.
The World Bank (WB) released the June edition of its monthly Vietnam Macro Monitoring on June 13, highlighting that the economic recovery remained strong despite heightened global uncertainties.
Prime Minister Pham Minh Chinh received World Bank (WB) Regional Vice President for East Asia and Pacific Manuela V. Ferro in Hanoi on March 21, affirming that the Vietnamese Government always views the WB as a good friend and a highly important development partner.
The World Bank (WB) has forecast that Vietnam’s economic recovery is likely to accelerate in 2022 as GDP growth is expected to rise to 5.5 percent from 2.6 percent in the year just ended.
Digital technology, if exploited to the maximum, can bring over VND1.733 quadrillion (US$74 billion) to Vietnam by 2030, with the most beneficial sectors including manufacturing, agriculture and food, and education-training.
Rising commodity prices due to hike in imports and an easing of monetary policy has put pressure on the domestic market, as well as government efforts to control prices this year.
Remittances played a significant role in keeping Vietnam’s pandemic-hit economy afloat, and the Government should best capitalize on this annual inflow for national gain, according to Peter Hong, Vice Standing President and Secretary General of the Business Association of Overseas Vietnamese (BAOOV).
