ECB keeps emergency loans to Greek banks

ECB keeps emergency loans to Greek banks

(VOVworld) – The Governing Council of the European Central Bank decided Monday to maintain the provision of emergency liquidity assistance (ELA) to Greek banks at the set level of 89 billion...
Efforts to resolve Greek crisis

Efforts to resolve Greek crisis

(VOVworld) – The result of Greece’s referendum has created a problem for EU leaders. They now have to find a way to prevent Greece’s leaving the eurozone and perhaps...
Speeding up restructuring of banking system

Speeding up restructuring of banking system

(VOVworld) – The banking system restructuring has resulted in positive changes, the most notable involving bad debts and interest rates. This year, the sector has built on these achievements to curb...
Highlights of government performance in 2013

Highlights of government performance in 2013

(VOVworld)- Despite the slow recovery of the world economy in 2013 Vietnam made important achievements in socio-economic development contributing to the fulfillment of the 5-year plan till 2015. The...
Party plenum decides key national issues

Party plenum decides key national issues

(VOVworld) – The 8th plenum of the 11th Party Central Committee opened in Hanoi on Monday. Key topics for discussion are this year’s socio-economic development and plans for next...
IMF positive about Vietnam’s macro-economy

IMF positive about Vietnam’s macro-economy

(VOVworld)- The International Monetary Fund (IMF) has made positive assessments of Vietnam’s macroeconomic situation and the recent management of the State Bank of Vietnam (SBV). A press release, posted...
 Economic restructuring prioritized

Economic restructuring prioritized

(VOV) – The Vietnamese Prime Minister has just approved the Master Plan on Economic Restructuring from now until 2020, with a growth paradigm change towards higher growth quality, efficiency and competitiveness. The plan will focus...