The monetary easing policy will exert full effects by 2024

The monetary easing policy will exert full effects by 2024

VCN - With low credit growth, finance and banking expert - Dr. Nguyen Tri Hieu (photo) says that promoting credit depended on many factors, in which management agencies should have appropriate solutions in operating and managing credit growth.
Regulating policy tools for reducing interest rates

Regulating policy tools for reducing interest rates

VCN - Currently, monetary policy still plays a key role in stabilizing the macroeconomy. Monetary policy is directly related to domestic production, especially domestic enterprises rely mainly on interest rates for production, business and export.
Loosening monetary policy welcomed amid credit crunch

Loosening monetary policy welcomed amid credit crunch

The State Bank of Vietnam (SBV)’s recent decision to revise up the 2022 credit growth target of the banking system has eased access to bank loans amid a credit crunch, especially at the peak season to prepare for Lunar New Year (Tet).
Adaptive fiscal, monetary policies crucial for economic recovery: ASEAN officials

Adaptive fiscal, monetary policies crucial for economic recovery: ASEAN officials

ASEAN finance ministers and central bank governors gathered at their 8th meeting (AFMGM) via videoconference on April 8.
Minister stresses flexible combination of fiscal, monetary policies

Minister stresses flexible combination of fiscal, monetary policies

As the COVID-19 pandemic is predicted to linger and affect the State budget revenue as well as spending on the pandemic combat, it is necessary to flexibly combine fiscal and monetary policies to keep macro-economic stability, said Minister of Finance Ho Duc Phoc.
Flexible monetary policy helps recover credit growth amid pandemic

Flexible monetary policy helps recover credit growth amid pandemic

The State Bank of Vietnam (SBV) has flexibly operated monetary policy tools to maintain liquidity for the banking system, contributing to stabilising and recovering credit growth in the context of unpredictable impacts of the COVID-19 pandemic.
Central bank to keep proactive, flexible monetary policy

Central bank to keep proactive, flexible monetary policy

The State Bank of Vietnam (SBV) will keep a proactive and flexible monetary policy basednbsp;on market developments and forecasts for the macro-economy, SBV Deputy Governor Đào Minh Túnbsp;told a meeting on Thursday.
Flexible, cautious monetary policy management bears fruit

Flexible, cautious monetary policy management bears fruit

Vietnam’s economy was adversely affected by the COVID-19 pandemic in 2020, along with natural disasters and the impact of trade conflicts.
Should monetary policy be accelerated ?

Should monetary policy be accelerated ?

VCN - In the context of economic difficulties due to the pandemic, fiscal and monetary policies have become a useful "salvage". For monetary policy, is there any fiscal space to accelerate it?
More monetary easing measures forecast in 2020

More monetary easing measures forecast in 2020

The State Bank of Vietnam SBV is expected to further take monetary easing measures to support the country GDP growth target of above 5 percent this year in light of a weak economic outlook
Looser monetary policy needed to counter global volatility

Looser monetary policy needed to counter global volatility

A looser monetary policy should be instituted to support economic growth in the wake of global volatilities especially the outbreak of the novel coronavirus nCoV
Central bank to continue managing monetary policy

Central bank to continue managing monetary policy

The State Bank of Vietnam (SBV) said on May 30 that it will continue to coordinate with relevant Vietnamese ministries and agencies regarding the US Department of Treasury’s issues of concern, in the spirit of cooperation.
Credit institutions expect better performance in 2019: survey

Credit institutions expect better performance in 2019: survey

Most of credit organisations expect their business performance will keep improving in 2019 according to the central bank Monetary Forecasting and Statistics Department
The financial market grew comprehensively in the first eleven months

The financial market grew comprehensively in the first eleven months

VCN – According to the latest data from the Ministry of Finance, the financial market including security, monetary and social insurance gained a sustainable growth.
Governor of the State Bank of Vietnam (SBV) Lê Minh Hưng: Stable monetary policy in “global chaos”

Governor of the State Bank of Vietnam (SBV) Lê Minh Hưng: Stable monetary policy in “global chaos”

VCN - Thanks to the macro-economic stability in the fluctuated global economy, monetary policy and the banking sector remained stable.
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