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Hanoi (VNS/VNA) - The State Bank of Vietnam (SBV) has continued to urge relevant ministries to revise legal frameworks in order to allow large State-owned commercial banks to use the State budget for their capital increases.

The Hanoitimes - A successful digital transformation would help Vietnam’s GDP increase by US$162 billion over the next 20 years.

A sharp increase in imports dragged April’s balance of trade down to $700 million deficit from a $1.63 billion surplus in March.

Việt Nam recorded a trade surplus of US$771 million in the first four months of this year, much lower than the $3.7 billion surplus seen in the same period last year, the General Statistics Office (GSO) has said in a monthly report.

The ministries of Industry and Trade and Finance revised petrol prices up on Thursday, marking the third time they had made price adjustments after using the price stabilisation fund.

The State Bank of Viet Nam (SBV) has continued to urge relevant ministries to revise legal frameworks in order to allow large State-owned commercial banks to use the State budget for their capital increases.

Viet Nam recorded a year-on-year rise of 2.71 per cent in consumer price index (CPI) in the first four months of this year, the General Statistics Office (GSO) announced on April 29, marking the lowest rate of increase seen in three years.

Saigon Petro Company Limited recently proposed policies for the development of E5 RON 92 to be reviewed over the significant declines in sales of this biofuel.

Climate and sustainable development are among key issues currently under discussion between high-level officials from the Asian Development Bank (ADB) and its member countries at the 52nd ADB Annual Meeting being held in Fiji on May 1-5.