US$2.4 billion ready for nationwide salary raise
A move to increase the base salary for civil servants is necessary to raise the standard of living conditions for Vietnamese people.
A move to increase the base salary for civil servants is necessary to raise the standard of living conditions for Vietnamese people.
Easing monetary and fiscal policies in combination with institutional reforms are the way for Vietnam to ensure sustainable and rapid economic growth amid global uncertainties.
The central bank has taken both monetary and fiscal policies all together to ensure macro and social stability.
Vietnam’s growth is projected to strengthen further to 6.5% as normalization of domestic and foreign economic activity continues, stated the IMF.
Priorities would be to avoid any disruption to the economy and a negative growth scenario as Vietnam’s major economic partners face severe impacts from the pandemic.