Vietnam economic growth

Participants at the press conference (Photo: VNA) Hanoi (VNA) - The State Bank of Vietnam (SBV) has flexibly operated monetary policy tools to maintain liquidity for the banking system, contributing to stabilising and recovering credit growth in the context of unpredictable impacts of the COVID-19 pandemic. The information was announced by the SBV at a press conference on June 21 to review the banking sector ’s activities in the first half of 2021. According to SBV Deputy Governor Dao Minh Tu, thanks to synchronous management solutions, as of June 15, total credit in the economy expanded 5.1 percent from the end of 2020. The credit growth rate in the same period last year was only 2.26 percent Attention has been paid to strictly controlling credit for areas with potentially high risks, and taking measures to remove difficulties facing enterprises and people in accessing bank credit, he said. Total M2 payment vehicle - one of the tools to measure the level of … [Read more...] about Flexible monetary policy helps recover credit growth amid pandemic

Vietnamese Minister of Foreign Affairs Bùi Thanh Sơn (right) welcomes his Singaporean counterpart Vivian Balakrishnan on Monday. — VNA/VNS Photo Lâm Khánh HÀ NỘI — Vietnamese Minister of Foreign Affairs Bùi Thanh Sơn has called on Singapore to open its markets to key export products of Việt Nam such as agricultural, forestry and fishery, textiles, and footwear products. He made the statement during a meeting with his Singaporean counterpart Vivian Balakrishnan in Hà Nội on Monday. The Singaporean Minister of Foreign Affairs is visiting Việt Nam to attend the Asia-Europe Meeting (ASEM) High-Level Policy Dialogue from June 20 to 23. The guest spoke highly of Việt Nam’s success in COVID-19 pandemic control and socio-economic recovery while praising Việt Nam for positive economic growth in 2020. The Singaporean diplomat said his country attaches importance to friendship and co-operation with Việt Nam. Singapore is ready to work with Việt Nam to get access to vaccine … [Read more...] about Foreign minister asks Singaporean counterpart for support with exports

Indonesian Minister of Agriculture Syahrul Yasin Limpo (Photo: www.suara.com) Jakarta (VNA) – Indonesia has been elected to the Council of the Food and Agriculture Organisation ( FAO ) during the 42nd session of the FAO Conference held from June 14-18. Indonesia is the representative of the Asian regional group along with five other Asian countries of Bangladesh, China, Japan, the Philippines and the Republic of Korea for the 2021-24 period. Speaking at a press conference on June 21, Indonesian Minister of Agriculture Syahrul Yasin Limpo said the election is a form of international recognition of the growth of Indonesia 's agricultural sector. He noted that the agricultural sector development programme, under the direction of President Joko Widodo, continues to produce positive results for economic development. The programme is hoped to colour the world's agricultural policies and inspire other countries, and Indonesia may play a role in providing food for the … [Read more...] about Indonesia elected Asian representative in Food and Agriculture Organisation