Foreign reserve totals 63 billion USD

by VTV404 May 2018 Last updated at 12:00 PM

VTV.vn - At the recent government's meeting, Prime Minister said Vietnam achieved comprehensive socio-economic development in the first 4 months of 2018.

Accordingly, the macro-economy has become stable and inflation has been controlled, with an increase of 2.8% in the consumer price index compared to last year.

Foreign reserves has totalled 63 billion US dollars, and the State Bank of Vietnam has bought over 32 billion US dollars in the last 2 years, a good sign considering the unstable global situation.

Vietnam’s investment environment and administrative procedures have improved, with a 50% cut in business requirements in industry and trade, healthcare, transportation, and construction.

Meanwhile, pointing out challenges that need to be addressed, the Prime Minister called for stronger business development in line with the 4th industrial revolution, and lower logistics costs for businesses.

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