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Vietnam urged to cut dependence on crude oil

Vietnam urged to cut dependence on crude oil

A prime ministerial advisory body has said the state budget is overly dependent on crude oil, an unsustainable income source.

Vietnam's forex market to see stability through year-end: report

Vietnam's forex market to see stability through year-end: report

Strong investment and remittance inflows have put the country in a good position this year.

Vietnam's banking system needs $25 bln to clear off toxic debts

Vietnam's banking system needs $25 bln to clear off toxic debts

The country needs $25 billion to address bad debt, equivalent to 13 percent of the country’s gross domestic product in 2015, financial experts say.

October 13, 2016 | 12:00 am PT

Vietnam to monitor financial system more closely: Deputy PM

Vietnam to monitor financial system more closely: Deputy PM

The government’s National Financial Supervisory Commission (NFSC), which oversees financial and monetary policies, will develop a realiable database on the financial market and better monitor capital flows between credit institutions, securities companies and insurance businesses, said Deputy Prime Minister Vuong Dinh Hue on Monday.

April 26, 2016 | 01:15 am PT

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