Not much value in reducing interest rates in Vietnam: ADB

Not much value in reducing interest rates in Vietnam: ADB

The Asian Development Bank (ADB) does not see much value in reducing interest rates further in Vietnam, ADB country director for Vietnam Shantanu Chakraborty said at a press conference on Thursday.

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

Further interest rate cuts may disrupt Vietnam’s foreign exchange: IMF

Further interest rate cuts may disrupt Vietnam’s foreign exchange: IMF

The State Bank of Vietnam adopted easing monetary policy with interest rate cuts in early 2023 to stay ahead of challenges, but further interest cuts may disrupt the country’s foreign exchange dynamics, the International Monetary Fund (IMF) said.

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

Ministry proposes support for businesses extended to 2023

Ministry proposes support for businesses extended to 2023

The Ministry of Finance has proposed the government continue implementing fiscal and tax policies in support of people and businesses in 2023 as it did last year, said Deputy Minister Nguyen Duc Chi.

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

Vietnam maintains strong position among emerging countries: analysts

Vietnam maintains strong position among emerging countries: analysts

Vietnam has maintained a solid position among emerging nations owing to low public debt, positive GDP in 2021, and stable fiscal scale post-pandemic, according to the Asian Development Bank.

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