The bonds, worth VND2 trillion ($78.4 million), will finance projects in such fields as renewable energy, sustainable transport, water management, green buildings, and energy efficiency.
The State Bank of Vietnam aims to quell dramatic price surges and narrow the gap between domestic and international gold prices, addressing concerns about market stability and potential manipulation.
Despite external uncertainties, Vietnam's economy shows resilience, with the Asian Development Bank (ADB) maintaining a positive outlook. Domestic demand, public investment, and potential policy shifts are key factors to watch, but structural weaknesses need addressing to ensure sustainable growth.
In a stunning verdict, the former chairman of Van Thinh Phat Group, Truong My Lan, was sentenced to death for her central role in a sweeping banking scandal that saw the misappropriation of over $27 billion from Saigon Commercial Joint Stock Bank. The case has rocked Vietnam's financial sector and exposed the dangers of unchecked corporate power.
Exceeding expectations, Vietnam's tax sector performance suggests a robust recovery, but e-commerce and digital business taxation loom as potential challenges.