Little concern for Vietnam if US Fed raises interest rates
Vietnam Today

Little concern for Vietnam if US Fed raises interest rates

Vietnam has available foreign exchange reserves of more than $100 billion and debts below 40 per cent of GDP, which are mostly soft loans from supranational lenders on favorable terms. Such debts do not increase the country’s vulnerability to tightening global monetary policy. Experts from VinaCapital believe that Vietnam is in a favorable position and will be under no pressure when the US Fed hikes interest rates this year.
Vietnam Today

Vietnam on the path to becoming a digital country

Prime Minister Pham Minh Chinh, who is also Chairman of the National Committee on Digital Transformation, chaired a nationwide video conference on a project developing the application of a population database, e-identification, and e-authentication for national digital transformation in the 2022-2025 period and vision to 2030. He affirmed that project implementation is an essential content of the government’s Digital Transformation Program in 2022 and subsequent years.
Vietnam Today

PM: Science & technology development a top national policy

At a ceremony to announce the first winners of the VinFuture Prize, initiated by VinGroup Chairman Pham Nhat Vuong and his spouse Pham Thu Huong to honor scientists worldwide with outstanding research of high application, held in Hanoi on January 20, Prime Minister Pham Minh Chinh said that Vietnam identifies science and technology development as a national priority and a strategic breakthrough for socio-economic development. The promotion of science, technology, and innovation also expresses Vietnam’s responsibility to the international community in the current context of deep international integration.