VOV.VN - Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Ngoc Canh held a bilateral meeting with US Department of the Treasury Deputy Assistant Secretary for Asia and the Pacific Robert Kaproth in Malaysia recently, discussing macroeconomic conditions and current monetary policy management.
VOV.VN - Last year saw the State Bank of Vietnam proactively monitor global and domestic economic developments and implement comprehensive measures to support businesses and individuals in accessing bank loans through the stable monetary policy.
Vietnam’s inflation in 2025 is projected to remain within a manageable range of 3% to 4.5%, in line with the National Assembly’s goal to keep it around 4.5%, matching expert forecasts, heard a seminar held in Hanoi on January 9.
Prime Minister Pham Minh Chinh on November 27 ordered the Governor of the State Bank of Vietnam (SBV) to outline solutions aimed at improving credit management for 2024 in the face of evolving global economic challenges.
It will be difficult for the State Bank of Vietnam (SBV) to further loosen monetary policy due to a rising USD/VND exchange rate pressure, experts said.
The State Bank of Vietnam (SBV) has announced that inspections on compliance with legal policies in gold trading activities of credit institutions and gold trading businesses have been completed and an inspection report is being compiled.
VOV.VN - The United States Federal Reserve’s recent decision to lower its benchmark interest rate by 0.5% is expected to ease pressure on the exchange rate between the US dollar and the Vietnamese Dong, and enable the State Bank of Vietnam (SBV) to flexibly adjust its monetary policy, according to analysts.
Prime Minister Pham Minh Chinh on August 5 requested the continued implementation of a proactive, flexible, timely, effective monetary policy which has proven its efficiency in the past time.
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.
The State Bank of Vietnam (SBV) will manage the exchange rate flexibly, adjusting in line with general trends while still ensuring macro-economic stability and foreign currency balance, said its Permanent Deputy Governor Dao Minh Tu.