According to experts, the Fed''s interest rate cut will support Việt Nam''s monetary policy management as the State Bank of Vietnam (SBV) may not be under pressure of dollar appreciation after the greenback weakens in the wake of the Fed''s...
According to a report by the State Bank of Vietnam (SBV), people''s demand for home loans and home repairs decreased by 1.12 per cent in the first half of this year, while the loans increased by up to 31 per...
Analyst’s Pick: With both external and internal conditions favourable for the interest rate cut, it is possible that the central bank will continue further easing its monetary policy.
The State Bank of Vietnam (SBV) on Wednesday made its first policy interest rate cut since October 2020 to stabilise the monetary market and support economic growth
The total payment means by December 19 rose by 15.65 per cent, while
credit rose by 11.8 per cent against late last year, announced the State
Bank of Viet Nam (SBV).
Investors were upbeat over news of the State Bank of Viet Nam''s interest
rate cut last week, but lingering caution over market outlook
restrained the rise of Vietnamese stock indices.
The Government urged the State Bank of Viet Nam to guide commercial banks to lower costs. Such a move would also cut lending interest rates, making it easier for businesses to access loans and helping capital flow into production.