Vietnam mulls policy rate hike amid surging U.S. inflation

Vietnam mulls policy rate hike amid surging U.S. inflation

Prime Minister Pham Minh Chinh asked the State Bank on Thursday to consider raising its policy interest rates and deposit rates, while steadying lending rates.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Banks urge for higher credit growth caps

Banks urge for higher credit growth caps

Major Vietnamese banks have asked the State Bank of Vietnam (SBV) to consider raising the cap on their credit growth so they could implement the central bank’s 2% interest rate support program for businesses.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

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