Given abundant liquidity and low demand for credit, banks are offering attractive loans during the year-end period.

Many listed banks witnessed weak performance of fee income growth in the first six months of the year due to the Covid-19 pandemic.

The International Monetary Fund (IMF) maintains its forecast for Vietnam’s GDP growth at 2.7% in 2020, the highest in Asia, and the pace is expected to speed up to 7% in 2021.

Vietnam should take stronger measures related to origin of goods and products to avoid risks of lawsuits or being taken advantage of by other countries to evade US import tariffs.

The Vietnamese government intends to meet 80% of its domestic pharmaceutical demand through local drug manufacturers.

The sector saw a softer contraction than in April as the Covid-19 pandemic was brought under control in Vietnam.

While other countries are setting up specific and clear priorities to attract FDI projects, Vietnam is still pursuing a strategy with multiple targets that could lead to missed opportunities.

A market with population of nearly 100 million is more than enough for domestic firms to boost sales and expand market shares.

5G appears to be high on the Vietnamese government’s priority list, with the earliest of services set to be commercialized in mid-2020 following trials conducted through 2019.

With its early success in containing the Covid-19 pandemic, Vietnam is having a jump-start among potential investment destinations in attracting a new wave of FDI.

With fewer concerns about currency and external stability, Vietnam’s central bank is likely to be more comfortable with delivering interest rate cuts to support growth.

The decision, set to valid until the end of 2020, would help customers save thousands of dollars.

The EU-Vietnam trade deal is the largest new-generation free trade agreement in Vietnam’s history in terms of direct benefits.

Vietnam holds a number of advantages against other countries at a time when investors are looking to exit China, according to experts.

With a limited state budget, Vietnam should mobilize social resources to support startups and large-scale enterprises, those considered capable of driving the economy forward.

A lower GDP growth target is inevitable as the Covid-19 pandemic is wreaking havoc on the world economy, said Minister of Planning and Investment Nguyen Chi Dung.

With the resumption of key economic sectors' activities, such as manufacturing, services and retail, Vietnam’s economy is accelerating to get back to its normal state.

A lack of a unified legal framework governing PPP is the main factor that Vietnam’s infrastructure sector growth potential is capped at 6.1% per year through 2029.

The central bank of Vietnam had previously cut the benchmark interest rates by 0.5 – 1 percentage point in March.