Tags: monetary policies

Over 6 billion USD purchased to raise forex reserves

Over 6 billion USD purchased to raise forex reserves

The country net purchased over 6 billion USD in 2018 to raise its foreign exchange reserves, the State Bank of Vietnam (SBV) reported at a meeting in Hanoi on January 9 to launch tasks for the banking sector this year.

2017- successful year in inflation control: GSO

2017- successful year in inflation control: GSO

The year of 2017 is considered a successful year in inflation control, as the average CPI increased 3.53% over 2016 and 2.6% compared to December 2016, fulfilling the target of keeping the rate under 4% for the whole year, said Director of the General Statistics Office (GSO) Nguyen Bich Lam.

Macro economy rosy: national consultation council

Macro economy rosy: national consultation council

Macroeconomic indexes have experienced positive changes over the last nine months, showing the effectiveness of Vietnam’s financial and monetary policies, according to the National Financial and Monetary Policy Consultation Council.

Fiscal, monetary policies on right track: economists

Fiscal, monetary policies on right track: economists

Fiscal and monetary policies have been on the right track since early this year, members of the National Advisory Council on Fiscal and Monetary Policies confirmed at their quarterly meeting recently held in Hanoi.

Vietnamese property market to thrive in 2016

Vietnamese property market to thrive in 2016

Savills Vietnam, the largest property company in the country, forecasts that the real estate market will be on the upswing in 2016, thanks to improved economic conditions, monetary policies and international trade agreements.

Vietnam appreciates IMF’s assistance

Vietnam appreciates IMF’s assistance

Finance Minister Dinh Tien Dung has spoken highly of the International Monetary Fund (IMF)’s support for Vietnam in assessing the country’s macro-economy.

Vietnam weighs ceiling rate future

Vietnam weighs ceiling rate future

Vietnam’s monetary policies resemble China’s in many respects. Two prime examples are the control of capital flows and market interest rates, including the application of ceiling deposit interest rates.

Commercial banks’ bad debt ratio reaches 40 percent

Commercial banks’ bad debt ratio reaches 40 percent

(VOV) - National Financial Supervisory Committee Deputy Head Dr Le Xuan Nghia has said the majority of bad debts are currently owed by select commercial banks because of inadequate emergency reserves.

Vietnam’s growth outlook brighter, ANZ says

Vietnam’s growth outlook brighter, ANZ says

The national economy is expected to achieve higher growth and inflation is likely to drop further in the second half of 2012, according to ANZ Bank’s latest report released on August 2.