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monetary

Monetary policy forecast unlikely to loosen further

Monetary policy forecast unlikely to loosen further

It will be difficult for the State Bank of Vietnam (SBV) to further loosen monetary policy due to a rising USD/VNĐ exchange rate pressure, experts said.
PM urges IMF to continue supporting Việt Nams macroeconomic development

PM urges IMF to continue supporting Việt Nam's macroeconomic development

Prime Minister Phạm Minh Chính received a delegation of the International Monetary Fund (IMF)''s 2024 Article IV Mission to Việt Nam led by its head Paulo Medas in Hà Nội on November 15.
Easing monetary policy continues bolstering domestic stock market

Easing monetary policy continues bolstering domestic stock market

With rising stock market returns and reduced corporate borrowing costs, SBV’s policy direction should positively impact business performance and stock market growth.
Interest rates expected to decrease by 0.7 percentage points next year

Interest rates expected to decrease by 0.7 percentage points next year

There is still room for monetary policy to support growth, experts say.
IMF forecasts VNs economic growth to reach 6.1 per cent in 2024

IMF forecasts VN's economic growth to reach 6.1 per cent in 2024

Việt Nam''s economic growth is projected to recover to 6.1 per cent in 2024, supported by continued strong external demand, resilient foreign direct investment and accommodative policies.
Central bank takes looser monetary measures

Central bank takes looser monetary measures

The SBV this week also continued to reduce the bill interest rate from 4.2 per cent per year to 4.15 per cent per year.
VN to continue proactive, flexible, timely and effective monetary policies: PM asks

VN to continue proactive, flexible, timely and effective monetary policies: PM asks

Prime Minister Phạm Minh Chính has asked proactive, flexible, timely and effective monetary policies to be continued to promote the country’s socio-economic development while ensuring the safety of the national financial and banking system.
PM chairs meeting on fiscal, monetary policy management

PM chairs meeting on fiscal, monetary policy management

The PM stressed the need to prevent the exchange rate from affecting macroeconomy and inflation control, while requesting that the lending rates should be reduced by 1-2 per cent to stimulate production and trade. He set a target for credit growth...
Việt Nam to have many opportunities from digitalisation, green transformation: IMF

Việt Nam to have many opportunities from digitalisation, green transformation: IMF

Việt Nam’s economic growth is predicted to expand by about 6 per cent this year based on numerous potentials, significant foreign direct investment, and ongoing efforts to improve the business environment and infrastructure. 
Việt Nam to benefit from Feds rate cut

Việt Nam to benefit from Fed’s rate cut

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...
PM urges further rate cuts, improved credit access to remove obstacles, promote growth

PM urges further rate cuts, improved credit access to remove obstacles, promote growth

Prime Minister Phạm Minh Chính chairs the meeting to implement monetary policy management tasks in 2024, which focuses on removing difficulties for production and business to promote growth and ensure macroeconomic stability.
PM chairs meeting to about monetary policies to remove obstacles, promote growth

PM chairs meeting to about monetary policies to remove obstacles, promote growth

Addressing challenges from global economic uncertainties, Chính said that it is critical for Việt Nam to apply solutions to overcome the difficulties.
IMF commends Viet Nams macro-economic stabilisation policies

IMF commends Viet Nam’s macro-economic stabilisation policies

The IMF will always accompany Viet Nam in post-COVID-19 recovery and development, Deputy Managing Director of the International Monetary Fund Antoinette Sayeh pledged, expressing her hope for stronger cooperation with Vietnamese agencies, particularly the Economic Commission.
Loosening monetary policy welcome amid credit crunch

Loosening monetary policy welcome amid credit crunch

The SBV last week raised the 2022 credit growth target for the domestic banking system by 1.5-2 percentage points from its previous target of 14 per cent, allowing commercial banks to pump an additional VND240 trillion into the economy.
VN businesses promote intl fundraising amid domestic tightened policy

VN businesses promote int’l fundraising amid domestic tightened policy

A recent report from financial data service provider FiinGroup showed the channel for raising capital through domestic bonds is gloomy, but many domestic enterprises still succeeded in mobilising international loans. Specifically, ten deals announced recently had a total value of...