Ensuring national public debt safety in 2024

Ensuring national public debt safety in 2024

VCN - Since the beginning of the year, public debt management has been conducted proactively and effectively, meeting the need of raising capital for development investment. At the same time, debt indicators by the end of 2024 are guaranteed within the ce
How does the Fed

How does the Fed's interest rate cut affect Vietnam?

VCN - In the latest meeting of the Federal Open Market Committee (FOMC), the Fed decided to cut interest rates by 50 basis points to a range of 4.75%-5%. Analysts have given different perspectives on this decision.
Inflationary pressure seen from monetary policy

Inflationary pressure seen from monetary policy

The economy went through the first half of the year, inflation is still under control and forecast to reach the target set by the National Assembly and the Government
Interest rate fluctuations in the world affect Vietnam

Interest rate fluctuations in the world affect Vietnam's exports

The recent interest rate cuts by the European Central Bank (ECB) and the Bank of Canada (BoC) are important moves that signal a broader trend of monetary easing among major central banks.
Interest rate management: From high rates to loosening

Interest rate management: From high rates to loosening

VCN - In 2023, many times the leaders of the State Bank of Vietnam (SBV) had to express that: operating monetary policy has never been so difficult because of impacts from many directions. Therefore, finding a balance for monetary policy to support the ec
Year-end credit growth problems

Year-end credit growth problems

VCN - Due to the modest credit growth results in nearly 11 months of 2023, the State Bank (SBV) has decided to redistribute the credit "pie" with the expectation that it will help banks proactively boost lending.
Find a balance for controlling inflation and managing interest rates

Find a balance for controlling inflation and managing interest rates

VCN - To be proactive in management, price regulation and inflation control in the remaining months of the year, flexible monetary policy with appropriate interest rates is an important solution that needs to be implemented.
Further interest rate cut proposed to support SMEs

Further interest rate cut proposed to support SMEs

The Ministry of Planning and Investment (MPI) has proposed the government provide further support for Vietnamese small- and medium-sized enterprises (SMEs), including an interest rate reduction of another 2 percentage points per year.
Interest rates continue to decrease further to push money out into the economy

Interest rates continue to decrease further to push money out into the economy

VCN - Interest rates on both the interbank and transaction markets among banks, people and businesses continued to decrease.
Establishing a trend of decreasing interest rates for the market

Establishing a trend of decreasing interest rates for the market

VCN - The State Bank of Vietnam (SBV) has decided to further reduce some operating interest rates for the fourth time this year since June 19. This move is considered by experts to be strong and appropriate in the current context.
Interest rate cut contributes to supporting economic growth: economists

Interest rate cut contributes to supporting economic growth: economists

The State Bank of Vietnam (SBV) has cut regulatory interest rates for four consecutive times since the beginning of this year, in the context that world interest rates continue to rise and stay at a high level.
Interest rate cut expected to pump economy up

Interest rate cut expected to pump economy up

The State Bank of Vietnam (SBV) is cutting down a series of key interest rates by 0.25%-0.5% from June 19, which is expected to make a double impact on the economy thanks to stronger credit activities and higher liquidity.
Deputy Governor of SBV: Interest rates are falling

Deputy Governor of SBV: Interest rates are falling

VCN - With the current movements and directions on reducing interest rates, Deputy Governor of the State Bank of Vietnam (SBV) Pham Thanh Ha expressed his belief that the interest rate level will decrease soon.
Almost all banks cut 6-month deposit interest rate to below 8%/year

Almost all banks cut 6-month deposit interest rate to below 8%/year

Almost all banks in Vietnam have cut interest rates for deposits for terms from six months and above to below 8% per year.
Difficult to achieve the target, aggressively deploying the two percent interest rate support package

Difficult to achieve the target, aggressively deploying the two percent interest rate support package

VCN - Commercial banks expect the amount of interest rate support in 2023 to be about VND 2,435 billion. However, according to a representative of the State Bank (SBV), the ability to achieve this target is difficult.
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