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Central bank pledges flexible monetary policy

Central bank pledges flexible monetary policy

VOV.VN - Deputy Governor of the State Bank of Vietnam Nguyen Thi Hong has declared that the central bank will regulate monetary policy in a proactive, flexible, and cautious manner in order to curb the average inflation rate below 4 per cent during 2019.

SBV sets 2019 credit growth target at 14%

SBV sets 2019 credit growth target at 14%

The State Bank of Vietnam (SBV) has set the 2019 credit growth target equivalent to the previous year at about 14%, according to SBV Deputy Governor Nguyen Thi Hong.

SBV to continue flexibly managing monetary, fiscal policies

SBV to continue flexibly managing monetary, fiscal policies

The State Bank of Vietnam (SBV) will continue managing monetary policy in an active, cautious and flexible manner and combine with other fiscal and macro-economic policies to control inflation, ensure credit institutions’ liquidity, stabilise monetary and foreign exchange markets.

APEC increases investment in agriculture, rural areas

APEC increases investment in agriculture, rural areas

VOV.VN - Vietnam, other APEC economies, and international organizations have paid special attention to ensure sustainable agricultural and rural development. APEC economies are expanding markets and financial services to boost the agricultural growth and reduce poverty sustainably.

Central bank to keep currency stable: official

Central bank to keep currency stable: official

Record-high foreign reserves will enable Vietnam’s central bank to keep the dong, the local currency, stable for the rest of the year, Bloomberg quoted a central bank official as saying.

Capital for high-tech agriculture

Capital for high-tech agriculture

VOV-VN. High-tech agriculture is a key direction for economic development. A credit package of US$4.4 million for high-tech and clean agriculture is considered a nudge for agricultural enterprises to expand production. But there remain obstacles to accessing the credit package.

APEC members discuss sustainable finance

APEC members discuss sustainable finance

The international community will face many challenges in implementing finance in the future, necessitating a solution that balances the goals of finance, integration and consumer protection in the context of global development.

Private sector crucial in financing green growth

Private sector crucial in financing green growth

Channelling investments from the private sector into green projects – as the government’s budget is overstretched – is what it will take for Vietnam’s development to be greener and more socially, economically, and environmentally sustainable.

State Bank stabilizes money market

State Bank stabilizes money market

VOV.VN - Vietnam’s forex market has been shaken over the past few days. The VND/USD exchange rate has increased, prompting the State Bank of Vietnam to take steps to stabilize the financial market and Vietnam’s economy.

Banking sector’s goals achievable: SBV Deputy Govenor

Banking sector’s goals achievable: SBV Deputy Govenor

Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong expressed optimism about achieving its yearly goals during talks with members of the European Chamber of Commerce and Industry in Hanoi on October 3.

Credit growth expected near 20% next year

Credit growth expected near 20% next year

The State Bank of Vietnam (SBV) on December 24 targeted credit growth between 18% and 20% for next year, with possible adjustments depending on the actual situation.