Thursday, July 16, 2020 11:46:29 AM - Markets open
VN-INDEX 869.55 -0.36/-0.04%
HNX-INDEX 115.46 -0.45/-0.39%
UPCOM-INDEX 57.10 +0.12/+0.22%
Solutions to spur economic growth - 4/11/2019 1:05:21 PM
 (0 ratings. You must sign in to rate.)
The Government has requested ministries, departments and localities to push ahead with economic restructuring towards efficiency and science-technology innovation in 2019.
The involved parties must focus on removing difficulties for farmers and businesses and helping them increase production and agro-forestry-fishery exports as well as seize opportunities from free trade agreements, especially the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, diversify export markets, and reduce the trade deficit.
The Government also ordered them to develop the processing and manufacturing industry while monitoring businesses’ operations and the implementation of major projects.
Another task includes developing services, particularly wholesale, retail, logistics, tourism, information technology, finance and banking.
In addition to speeding up the disbursement of all public investment capital, it is necessary to improve the business environment and address shortcomings in legal documents which hinder economic development.
The State Bank of Vietnam (SBV) was tasked with maintaining flexible monetary policies, contributing to curbing inflation, stabilising the macro-economy and supporting growth.
The SBV will direct credit institutions to implement credit growth solutions, control credit quality and promote business production.
The bank must reshuffle credit institutions, especially those with poor performance, in association with handling bad debts and complete the national inclusive financial strategy.
These solutions were adopted at the Government’s regular meeting for March and became part of the meeting’s resolution.-VNA
Read original article here
Newer News
15/07 What VN needs to do to attract quality FDI after COVID-19
11/07 Conference looks at making full use of CPTPP
06/07 Vietnam needs professional investment environment
05/07 Pork and oil prices key to keeping inflation under control: experts
01/07 Administrative reforms would help unlock EVFTA's potential: EuroCham
01/07 Việt Nam highlights efforts to ensure human rights amidst COVID-19 pandemic
30/06 Vietnam’s trade surplus hits 4 billion USD in H1
29/06 Vietnam’s economy records decade-low H1 growth
27/06 US initiates investigation into Vietnamese tyre
18/06 Deals highlight VN-EU bilateral ties, global integration efforts
Older News
10/04 Vietnam to face competition from India in aquaculture exports
09/04 Regulations being revised to implement CPTPP
09/04 Statistics office partners with IMF to re-evaluate Vietnam’s economic scale
05/04 ​​​​​​​Malaysia initiates anti-dumping duty investigation on non-alloy steel from Việt Nam
05/04 HSBC forecasts Vietnam’s economic slowdown in 2019
04/04 Vietnam records influx of real estate investment from Japan
03/04 Manufacturing enjoys strong growth in March
02/04 Hanoi city leads FDI attraction in first quarter of 2019
01/04 Steel exports edge up 5.8 percent in Q1
29/03 CPI growth in first quarter lowest in three years
Newsletter Signup
Top Stories
New regulations about corporate bond issuance
Reference exchange rate remains unchanged
New traders flock to market
Reforms needed to attract foreign portfolio investment: fund manager
Reference exchange rate down 2 VND on June 4
Market Update
Last updated at 11:45:00 AM
VN-INDEX 869.55 -0.36/-0.04%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.