Population aging, especially in developing economies like Vietnam, is creating new pressure and challenges to which the population and development work needs to flexibly respond as there are only 14 years left for Vietnam to prepare for an aged society.
Prices of strategic materials, affected by the global economy’s uneven and unsustainable recovery, have exerted intense pressure on Vietnam’s inflation.
Despite going through numerous critical situations during rolling outbreaks of the COVID-19 pandemic for more than two years, the healthcare system has grown strong.
In the face of growing pressure on water resources in recent years, authorities in Vietnam, including the Ministry of Natural Resources and Environment (MoNRE), have been striving to ensure the equitable and sustainable management of rivers nationwide.
The Ministry of Finance will focus on improving the business climate and creating favourable conditions for businesses to accelerate growth, which is important to ensure State budget revenue amid the COVID-19 pandemic's impacts on socio-economic development.
Capital difficulties are putting pressure on some banks struggling to meet the central bank’s Basel II deadline of early next year, but experts suggest the central bank should not delay the process.
Vietnamese airlines will suffer from pressure with their plans to launch non-stop flights to the US as they may face critical financial losses in the first years of operation.
Vietnamese banks are seeking to raise capital in international bond markets as they face growing pressure to hike capital to satisfy the central bank's regulations on minimum capital requirements and Basel II standards by early next year.
A freshly formed tropical pressure in the East Sea has developed into a storm, becoming the third storm in the sea so far this year and is likely to enter the northern region of Vietnam.
There is an upward trend in bank deposit interest rates, and analysts have urged the Government to act to keep the rates low, warning there could otherwise be adverse consequences.