Singapore keeps monetary policy unchanged
The Monetary Authority of Singapore (MAS) on Friday announced that it has decided to keep its monetary policy unchanged, in line with expectations, as inflation and economic growth in the city-state moderated.
Southeast Asia - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam central bank has limited room for further monetary loosening: Dragon Capital
The Vietnamese central bank has limited room to further loosen monetary policy given adverse external factors and a pickup of inflation at home, leading fund manager Dragon Capital said in a recent note.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam monetary policy to persist with interest rate reduction
The State Bank of Vietnam (SBV) will continue with its interest rate reduction policy despite the possibility of other rate hikes by the U.S. Federal Reserve.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Policy tools should be applied flexibly to support struggling enterprises: Fulbright expert
Vietnam needs to flexibly apply policy tools that have a legal basis to remove difficulties for struggling businesses in all economic sectors, Do Thien Anh Tuan, lecturer from the Fulbright School of Public Policy and Management, tells The Investor.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam needs to tackle inflation head-on: IMF
Vietnam's inflation is "still pretty high", and the central bank needs to address the problem head-on so that it does not have to tighten much faster later, said the International Monetary Fund (IMF).
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central bank on verge of further easing monetary policy: expert
The State Bank of Vietnam (SBV) may continue to ease monetary policy with inflation well under control, said Nguyen Xuan Thanh, a lecturer at the Fulbright School of Public Policy and Management.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Monetary policy in tandem with fiscal tools would assist Vietnam economy: expert
Harmonizing monetary policy with fiscal policy in 2023 would help Vietnam’s government curb inflation and cope with forex risk pressures to ensure macroeconomic stability, says National Financial and Monetary Policy Advisory Council member Le Xuan Nghia.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Colors of the world and Vietnam's economies
The Vietnamese and global economies experienced major fluctuations in 2022. Let’s look back at how the economic pictures have altered in recent years and predict prospects for 2023.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam central bank eyes 14-15% credit growth in 2023
Credit growth this year is set at 14-15%, subject to adjustments according to actual developments, the State Bank of Vietnam (SBV) said in a directive on goals for the banking sector in 2023.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Challenges still loom for Vietnam's monetary policy: central bank official
Regulators in Vietnam will continue to face global economic headwinds in 2023, including challenges in running monetary policy, said a director of the State Bank of Vietnam.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Monetary policy easing expected for 2023: top broker SSI
Vietnam’s monetary policy is expected to be eased this year as the current interest rate is at a high level and economic growth is forecast to face more difficulties due to external factors, said securities broker SSI.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Government places priority on healthy capital market
The Vietnamese government will focus on ensuring the bond, stock and real estate markets develop safely and healthily this year, protecting the legitimate interests of people and businesses.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam central bank runs flexible monetary policy in 2022
The State Bank of Vietnam has managed monetary policy in a flexible manner to curb inflation and stabilize the monetary and foreign exchange markets in 2022, a year of global fluctuations.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam should allow further exchange rate flexibility: WB
Vietnam should “consider allowing further flexibility in the exchange rate, including through a quicker pace of depreciation of the reference rate,” as the U.S. Federal Reserve (Fed) is expected to continue raising interest rates, the World Bank said.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Loan interest rate in Vietnam highest globally: economist
Vietnamese companies are facing a high loan interest rate exceeding 10% while the country's inflation is only 3%, which indicates macromanagement problems, said economist Le Xuan Nghia.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Be ready to further monetary tightening: WB to Vietnam
Vietnam should be "ready to consider further tightening of monetary policy" to ensure inflation remains anchored amidst its strong economic recovery and global uncertainties, says the World Bank.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central bank in no rush to tighten monetary policy: broker VnDirect
The State Bank of Vietnam is in no rush to tighten monetary policy despite the U.S. Federal Reserve’s rapid interest rate hike, according to top broker VnDirect Securities.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Central bank acts as US adds Vietnam to currency watch list
With Vietnam back on the U.S. currency watch list over an alleged trade advantage, the Southeast Asian country’s central bank aims to do all it can to maintain sustainable bilateral trade ties.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Banking profit margins not high: State Bank governor
State Bank Governor Nguyen Thi Hong on Thursday rejected allegations that banking profits were huge when the Covid-19 pandemic wrecked havoc on the local business community.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
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