About monetary policy decisions

The Hanoitimes - It is vital for Vietnam to further boost the development of private sector and public investment funds, in turn contributing to economic growth and creating the foundation for long-term development. Vietnam would speed up socio-economic recovery to realize the growth target of 6.5% for this year. Prime Minister Nguyen Xuan Phuc at the meeting. Photo: Quang Hieu Prime Minister Nguyen Xuan Phuc stressed the view at a monthly government meeting on March 2, which were attended by government leaders and representatives of ministries and sectors. Among measures to boost growth, the PM stressed the importance of enhancing greater efficiency in global integration to boost exports and attract high quality   foreign direct investment (FDI). “The current situation presents huge opportunity for Vietnam to attract investment capital,” stressed Phuc, adding a favorable investment environment is a must to keep capital inflow from growing. In … [Read more...] about Vietnam to realize 6.5% growth target: PM

Friday's virtual summit of finance ministers and central bank governors was the first major event of Italy's year-long presidency of the Group of 20, or G20, a forum representing the world's major economies. The main agreement among participants was to continue with expansionary fiscal policies aimed at helping prop up economies struggling from the impacts of the coronavirus pandemic. "We agreed that any premature withdrawal of fiscal and monetary support should be avoided," said Daniele Franco, who took office as Italy's Minister of Economy and Finance two weeks ago. Franco also warned that most people in the world "will not get back to ... normal lives until the virus is eradicated in all countries." He said the G20 was committed to "assuring equitable access" to safe coronavirus vaccines, as the group agreed that uneven access to vaccines would slow the global economic recovery. The World Health Organization has estimated that it would cost an estimated US$22.9 billion to … [Read more...] about Roundup: Italy’s G20 presidency gets underway, ministers agree to continue coronavirus stimulus efforts

Red Spring Festival expects to collect over 4,000 blood units Young people donate their blood In his opening remarks, Director of the National Institute of Hematology and Blood Transfusion (NIHBT) Bach Quoc Khanh, who is head of the festival’s organizing board, said that the festival has been held annually since 2008 to address blood shortages after the lunar New Year holiday, and gradually changed public awareness of blood donation. After 13 editions, the festival has collected over 85,000 blood units and become the annual biggest blood donation event. Khanh took the occasion to express his gratitude for donators nationwide. The 14th edition is taking place from March 1-7 at the NIHBT headquarters, and three fixed places - 26 Luong Ngoc Quyen in Hoan Kiem district, 132 Quan Nhan in Thanh Xuan district, and Valley 122 of Lang Street in Dong Da district. The organizing board expects to receive over 4,000 blood units during this year’s festival, which then will … [Read more...] about VIETNAM NEWS HEADLINES MARCH 2