The State Bank of Vietnam (SBV) on March 14 issued two decisions to reduce regulatory interest rates by 0.5% to 1%, which will come into force on March 15.

The domestic rental market had a bright start in 2022, although it began to decline in the second quarter, according to batdongsan.com.vn, Vietnam's leading real estate trading website.

Amid the US Federal Reserve (FED)’s continuous increases of interest rates to cope with inflation, the most important task for Vietnam now is to keep macro-economic stability, with monetary stability being the core, some economic experts have said.

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.

Vietnam’s GDP growth this year may be over 6.5% if high global inflation can be harnessed, the roadmap of the US Federal Reserve (Fed)’s interest rate raises is on schedule and economies worldwide are fully open.