Deputy Prime Minister Le Minh Khai: flexibly manage monetary policy and control inflation

Deputy Prime Minister Le Minh Khai: flexibly manage monetary policy and control inflation

VCN - Continuing the 3rd session, the XV National Assembly, at the Q&A session on the morning of June 9, Deputy Prime Minister Le Minh Khai made a speech and clarified some contents of the third group of issues in the banking sector.
The support package of economic recovery will be effective if implemented drastically

The support package of economic recovery will be effective if implemented drastically

Customs News spoke with Mr. Phan Duc Hieu, Standing Member of the Economic Committee of the National Assembly, about solutions to speed up the disbursement of resources and the support package
Flexible monetary policy - an effective "medicine" for recovery

Flexible monetary policy - an effective "medicine" for recovery

VCN - The economy in 2021 faced unprecedented difficulties due to the Covid-19 pandemic, along with inflation pressure, tightening monetary policies of many countries and the energy crisis. Vietnamese monetary policy had to take on many roles, both suppor
Leading the way to economic recovery but banks should not be put at risk

Leading the way to economic recovery but banks should not be put at risk

The Covid-19 pandemic is complicated, so the banking industry, as the lifeblood of the economy, will have to have more appropriate monetary policy management solutions
Inflation in 2022 forecast at about 3%

Inflation in 2022 forecast at about 3%

VCN - Dr. Nguyen Duc Do, Deputy Director of the Institute of Economics and Finance (Academy of Finance), said that despite many influencing factors, it was forecast that inflation in 2022 would be around 3%.
Keeping commodity prices stable, ensuring inflation control

Keeping commodity prices stable, ensuring inflation control

Deputy Prime Minister Le Minh Khai chaired a meeting of the Steering Committee on reviewing the evaluation of price management
Credit grew strongly despite difficulties due to social distancing

Credit grew strongly despite difficulties due to social distancing

Despite social distancing, credit in the two largest localities in the country, Hanoi and HCM City, still grew strongly in the first eight months, showing positive signs for credit growth.
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.
Bank interest in 2021 will remain at low level

Bank interest in 2021 will remain at low level

In 2020, banks’ deposit interest rates plummeted, of which interest rates for one and two-month terms fell to an unprecedented level at 2.55% year.
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.
Monetary policy supports economy: loosen in prudence

Monetary policy supports economy: loosen in prudence

VCN - The development and impact level of the acute respiratory infections caused by new strain of the Corona virus on the socio-economy are serious, complex and unpredictable.
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
Monetary policy: “Smooth carpet” for the economic development

Monetary policy: “Smooth carpet” for the economic development

VCN – In 2019, monetary policy remained a bright spot with a fairly "smooth" path, even with a drop in interest rates to support businesses and the economy.
"Buffer zones" for monetary policy

"Buffer zones" for monetary policy

VCN- On the first day of August (Vietnam time), the market started to wake up when the US Federal Reserve (Fed) announced it would lower the basic interest rate for the first time in more than 10 years, down to the range of 2-2.25%.
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