After hitting a record low in 2022, Viet Nam’s money supply (M2) will rebound in 2023 and become an important driver for the recovery of the stock market, KB Securities Vietnam (KBSV) forecast.
Some experts have said recently there is an excessive money supply in the economy. They pointed to core inflation of 1.96 per cent year-on-year in June this year, warning this is the correct measure of prices rather than headline inflation,...
The money supply in the economy, as of March 20, increased 3.23 per cent against the end of 2017, the highest in four years, according to the General Statistics Office.
Lending figures on August 20 showed a growth of 5.4 per cent since last
December, while non-performing loans and lagging demand continued to
blight the nation''s economy, according to data from the General
Statistics Office (GSO).
The country''s total money supply in the past five months of the year
rose 5.3 per cent against December last year to reach VNĐ3.899 trillion
(US$181.34 million), according to the State Bank of Việt Nam.