Tag: interest-rate
Bank rate hikes affect businesses in dire need of capital for production
VOV.VN - Despite banks moving to raise interest rates that has caused numerous difficulties for businesses, the move could be viewed as a necessary step toward maintaining the stability of the forex market and ensuring anti-inflation requirements.
Central bank revises up interest rates by 1% from October 25
The State Bank of Vietnam on October 24 decided to revise up several interest rates by 1%, starting from October 25.
Investors cautious about disbursing investments amid higher rates: experts
As many major central banks tightened monetary policies to contain soaring inflation, the State Bank of Vietnam (SBV) on September 22 also decided to hike its benchmark interest rate by 100 basis points, effective September 23.
Central bank of Vietnam raises interest rates to rein in inflation
VOV.VN - The State Bank of Vietnam (SBV) has decided to raise operating interest rates by approximately 1% as of September 23 in an effort to keep inflation in check and maintain the macroecnomic stability.
SBV to keep close watch on Fed moves: Governor
The State Bank of Vietnam (SBV) will persist in monetary policy management solutions towards macroeconomic stability, but closely follow all developments to manage the situation in an appropriate manner, SBV Governor Nguyen Thi Hong said, given the Federal Reserve System (Fed)’s latest interest rate increase.
Credit crunch chokes real estate sector
As the tightening of lending and corporate bond issues is hitting the property sector, the market is doomed to grapple with severe financial hardships.
Monetary stance points to only mildly higher interest rates in VN: Fitch Ratings
Capital account restrictions largely insulate interest rates in Vietnam from global monetary tightening and the country’s policy rate is expected to increase 50 basis points to 4.5% by end-2023, according to Fitch Ratings.
PM requests tough policy to ensure macro-economic stability
Prime Minister Pham Minh Chinh chaired a meeting on July 28 to discuss short- and long-term measures for keeping inflation under control, stabilising the macro-economy, and promoting socio-economic recovery and development.
Why do local interest rates remain unchanged amid inflation?
VOV.VN - The State Bank of Vietnam will continue to keep interest rates unchanged in order to sustain macro-economic stability and control inflation, in contrast with the ongoing trend adopted by central banks of many countries worldwide, according to economic experts.
Bank interest margins under pressure due to high inflation
Experts forecast that bank net interest margins (NIM) will decline as inflation rises next month.