VietNamNet Bridge – The Vietnamese government’s flexible monetary policy contributed greatly to Vietnam’s macro-economic stability and socio-economic development.

 The Federal Reserve hiked interest rates for the first time in nearly a decade on Wednesday, signalling faith that the U.S. economy had largely overcome the wounds of the 2007-2009 financial crisis.

 The Asian Development Bank has lowered its growth forecasts for Asia's developing economies on the back of slowing growth in both China and India.

 The US central bank has decided not to raise interest rates, keeping them at the same level they have been at since December 2008.

The Ministry of Finance (MOF) has warned that the state budget will lack VND32 trillion this year because of the cap the State Bank of Vietnam (SBV) has set on the amount of government bonds commercial banks can buy.

 Officials at the US's central bank were split about when to raise interest rates, latest minutes released by the Federal Reserve have revealed.

VietNamNet Bridge - Increasing demand for loans in Vietnamese dong has caused the lending interest rate to rise, while the stock market has been hurt by US dollar appreciation. 

VietNamNet Bridge - Commercial banks have shown determination to increase lending in 2015, while businesses are believed to have better conditions to apply for loans. 

VietNamNet Bridge – The year 2014 proved to be an unlucky year for bankers with many of the “big guys” suffering hard knocks during this period.

Tens of trillions of dong worth of corporate bonds have been issued recently by enterprises, mostly real estate development firms.

Businesses have asked banks to give more unsecured loans based on business credit rating in a move to unclog the credit sources.

VietNamNet Bridge – The long-bustling bond market unexpectedly cooled in the last two weeks, partly due to weak liquidity faced by several banks.

Most Vietnamese businesses have to take out bank loans at an annual interest rate of 10-13 percent, while companies in neighboring countries can access loans at a 5-6 percent rate and, those in developed economies, at a 2-3 percent rate.

Making long term deposits instead of short term, or putting money into other investment channels--is the way the businesses keeping big money in their coffers tries after the ceiling bank interest rate reduced to 6 percent per annum.

 VN's President commends Nikkei Group; SBV cuts interest rates; Can Tho ready for new air routes; Processing, manufacturing industry attract most FDI projects; SBV to spend VND8 trillion on rice; VND10 trillion for livestock farming revamp

 Viet Nam bans import of used electronic devices; Steel pipes face high anti-dumping levies in US market; Industrial parks, export zones seek $550m investment capital; Investors still face red tape woes

 VietNamNet Bridge – The State Bank of Vietnam (SBV) has released a document requesting to strengthen the inspection over the banks which offer the lending interest rates lower than deposit interest rates.

 Slower growth in manufacturing sector; Strict control on gas prices; Hanoi’s efforts to iron out snags for businesses; An Giang to ship main products to Netherlands; Vietnam’s rice export price surpasses Thailand

Getting impatient about the slow credit growth, banks have been trying to boost consumer credit by offering surprisingly low interest rates, which in some cases are lower than the deposit interest rates.

 VietNamNet Bridge – A paradox exists that many commercial banks have raised the deposit interest rates to mobilize more capital, even though they cannot boost lending.