Prime Minister requires decisive actions for SOEs’ sustainable development

Prime Minister requires decisive actions for SOEs’ sustainable development

Vietnam should not rely on a single market or a single growth driver like export, Prime Minister Pham Minh Chinh said, stressing the need to diversify products, and production and supply chains to sustain growth.
Fiscal, monetary policies support demand stimulation, price stabilisation

Fiscal, monetary policies support demand stimulation, price stabilisation

The financial and monetary policies in recent times have been adjusted flexibly to support and stimulate consumption, and stabilise prices. In the coming period, these policies will continue to be implemented in a coordinated manner to control inflation.
Vietnamese dong forecast to depreciate by 3% against US dollar in 2025

Vietnamese dong forecast to depreciate by 3% against US dollar in 2025

A strong US dollar will still be a major factor influencing the USD/VND exchange rate in 2025, causing the Vietnamese dong to depreciate by about three% against the dollar, experts forecast.

PM chairs meeting on fiscal, monetary policy management

Prime Minister Pham Minh Chinh chaired a meeting in Hanoi on May 16 with ministries and agencies to discuss the coordination of fiscal and monetary policies aimed at maintaining macroeconomic stability, controlling inflation and promoting growth.

PM urges enhancing credit access, absorption to fuel growth

Prime Minister Pham Minh Chinh on March 14 chaired a conference launching this year’s monetary policy-related tasks to tackle production and business obstacles, facilitate growth, and maintain macro-economic stability.

Monetary policy governance requires thorough consideration: official

As the governance of the monetary policy has to concurrently guarantee multiple targets, including reducing interest rates, expanding credit, stabilising foreign exchange rates, and ensuring credit institutions’ safety, thorough consideration is needed before any steps are taken, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

Race to lower deposit interest rates to continue until year end

The race to lower deposit interest rates among banks is expected to continue until the end of 2023, according to analysts.
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