Government orders greater efforts to stablise macro-economy
The Government has highlighted the need to strengthen macro-economic foundation and control inflation in a resolution recent released at its regular monthly meeting.
Hanoi (VNA) - The Government hashighlighted the need to strengthen macro-economic foundation and controlinflation in a resolution recent released at its regular monthly meeting.
The resolution asked ministries, sectors and localities to keep a close watchon domestic and global economic development, operate macro-economic policiesand control inflation in a concerted way, and increase there silience of the nationaleconomy from global impact.
The Government requested the State Bank of Vietnam to employ a flexible monetarypolicy in close connection with fiscal policy and maintain reasonable liquidity,reinforce State foreign exchange reserves and develop more credit products.
The Ministry of Finance was asked to strictly manage fiscal policy, promoteState budget collection and improve efficiency of stock market operations andfinancial services, and help enterprises access capital.
The Ministry of Planning and Investment and the Ministry of Finance willcoordinate in investigating and promote sectors and localities to acceleratethe disbursement of public investment capital.
Meanwhile, the Ministry of Industry and Trade will be responsible for giving directionsfor implementing the Comprehensive andProgressive Agreement for Trans-PacificPartnership (CPTPP), and accelerating theimplementation of large-scale industry projects.
The Government also asked for measures to be taken to prevent African swine feveroutbreaks, ensure traffic safety and strictly handle acts of falsifying thenature of festivals.-VNA
The achievements Vietnam recorded in 2018 have given the country valuable lessons, creating a firm foundation for the country to develop, reform, and integrate further into the world, Party General Secretary and President Nguyen Phu Trong has said.
Optimising all opportunities, even the smallest, to create development breakthroughs is one of the central tasks set for the Ministry of Planning and Investment in 2019, Minister Nguyen Chi Dung has said.
The General Statistics Office (GSO) will continue improving the quality of its statistics and increasing information sharing with ministries and sectors, thus better serving the Government’s management over the macro-economy and socio-economic development, GSO General Director Nguyen Bich Lam said.
Breakthroughs in science-technology or innovation and creativity should be added to the initial draft on socio-economic development strategies to be summited to the 13th National Party Congress, laying the foundation for the economic restructuring and renovation of growth model, Prime Minister Nguyen Xuan Phuc has said.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
Illustrative image (Source: VNA) 
