Deputy Prime Minister Nguyen Van Thang urged the central bank to execute timely, substantive measures to bring down overall interest rate levels, specifically targeting a 1.5–2% cut in loan rates for production, commerce, and priority sectors.
Under the new strategy, the foreign debt-to-GDP ratio represents a five-percent increase from the previous edition of the public debt strategy through 2030 which had been adopted by the Government in 2022.
The National Technology Innovation Fund spent an estimated 72.5 percent of its full-year state budget allocation through September, while working to streamline procedures and ease administrative hesitations for business support programs.
Vietnam issuing USD-denominated government bonds would be entirely feasible given that certain preparatory stages for an international bond issuance are already underway.
By the end of September, Da Nang had disbursed more than VND13.265 trillion ($504 million), equivalent to 77.16% of the capital allocated by the Prime Minister.
Under the Ministry of Finance's new directive, business registry authorities must receive, process, and transmit dissolution records to the relevant tax office within one working day.