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Update news low inflation rate
Dr Nguyen Dinh Cung, a member of the Economic Advisory Group to Prime Minister Nguyen Xuan Phuc, talks to Năng Lượng mới (New Energy) newspaper about Vietnam’s big change in policy thinking and economic management.
Soon after the US announced a 0.25 % cut in the benchmark interest rate on July 31 seven Vietnamese banks, including State-owned lenders, announced a cut in interest rates on dong loans of at least 0.5 % to firms in the Government’s priority sectors.