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The COVID-19 pandemic has created opportunities for a fairer, more robust and more efficient tax revenue and spending system.

Efficient debt management will be a major factor helping Vietnam get out of the group of highly indebted countries, a representative of the Ministry of Finance stated.

While 68% of training institutions in Vietnam reported feeling well equipped for 4IR, this was lower than Cambodia (73%), the Philippines (81%) and Indonesia (95%).

The grant will incentivize participating banks in Vietnam to restructure existing loans or extend new loans to at least 500 women-led small and medium-sized enterprises.

The financing will support the company’s working capital needs to ensure ample supply of active pharmaceutical ingredients for essential generic medicine production.

Vietnam is among few countries that have successfully contained the impact from the Covid-19 pandemic, stated a ADB senior executive.

Such growth rate would make the Vietnamese economy the highest growth in the Southeast Asia, with the GDP growth expected to bounce back to 6.1% in 2021.

A network of Vietnamese talents around the world would help speed up the research and development of new technologies and applications in Vietnam, said a senior government official.

This growth was supported by expansion in both the government and corporate bond segments, stated the ADB.

The merging process of Hanoi and Ho Chi Minh City stock exchanges into the Vietnam Stock Exchange continues to be a priority in the coming time.