Ho Chi Minh City reports four-month credit growth at 3%
Credit institutions in HCMC recorded a credit growth at 3% in the first 4 months of 2021, exceeding growth rate of deposits of 0.65%, according to State Bank of Vietnam, HCMC Branch.
Most view
Jan.-May disbursed capital of foreign direct investment projectsin Vietnam was estimated at $7.15 billion, up 6.7 percent year-on-year.
Vietnam expects $600 billion in import-export turnover in 2021 since the country posted solid export performance in the first quarter of 2021.
PM Pham Minh Chinh is seeking National Assembly’s approval to allow Ho Chi Minh City to retain 23 percent of its budget revenues, up from 18 percent, to create conditions for development.
Credit institutions in HCMC recorded a credit growth at 3% in the first 4 months of 2021, exceeding growth rate of deposits of 0.65%, according to State Bank of Vietnam, HCMC Branch.
The State budget revenue was estimated at VND543.4 trillion ($23.7 billion) in the first four months of 2021, up 7.3 percent from a year earlier, said the Ministry of Planning and Investment.
Vietnam's economic growth in 2021 expected at 6.5%: IMF
Vietnam 1Q trade surplus narrows to $2.02 bln vs $2.8 bln
Vietnam credit growth hits 2.93% as of end-March
Vietnam’s Feb. inflation hikes 1.52%, highest in eight years
Southeast Asia's growth leader in 2021 could be Vietnam
Vietnam Jan-Feb FDI inflows fall 15.6% y/y to $5.46 bln
Vietnam’s Jan.-mid-Feb trade surplus hits $3 billion
Pandemic brings opportunities for growth to Vietnam
Vietnam becomes fourth most important market for Taiwanese investors