Learning recent lessons to ensure fiscal prudence in 2023

Learning recent lessons to ensure fiscal prudence in 2023

Fiscal and monetary policies worldwide witnessed changes last year, and the same has also been true of Vietnam. Nguyen Minh Cuong, principal country economist at the Asian Development Bank in Vietnam, spoke to VIR’s Hong Dung about how it can apply relevant initiatives this year.
Strong macro fundamentals drive outlook for Vietnam

Strong macro fundamentals drive outlook for Vietnam

Vietnam has weathered the pandemic crisis better than most other developing economies outside the Asian region. Strong macroeconomic fundamentals drive the country’s economic resilience, but also prudent fiscal and monetary policies have enabled the country to develop buffers to navigate the challenging global economic environment.
NA leader urges prompt implementation of fiscal, monetary policies to aid recovery

NA leader urges prompt implementation of fiscal, monetary policies to aid recovery

Chairman of the National Assembly (NA) Vuong Dinh Hue on June 8 demanded prompt implementation of fiscal and monetary policies to support the socio-economic recovery and development programme.
Vietnam speeds up disbursement of economic recovery package

Vietnam speeds up disbursement of economic recovery package

Vietnam will soon disburse at least 50 percent of the 350 trillion VND (15.42 billion USD) economic recovery package, the largest in its history, aiming to reboot the country’s economy after a long period of social and mobility restrictions due to the COVID-19 pandemic.
Lawmakers to make decision on four important issues

Lawmakers to make decision on four important issues

The first extraordinary session of the 15th National Assembly, which opened on January 4 and will close on January 11, aims to decide on timely fiscal and monetary policies for the implementation of the socio-economic recovery and development programme and remove legal obstacles for development.
Fiscal reforms a must to underpin growth

Fiscal reforms a must to underpin growth

Despite no signs of an end to the pandemic, the government is expecting a growth rate of 6.5 per cent this year. Francois Painchaud, resident representative of the International Monetary Fund in Vietnam, writes about what the country should do to achieve its 2021 target, especially in terms of fiscal and monetary policies.