monetary policy

Update news monetary policy

The initial loss caused by the suspension of flights to and from China for Vietnam’s airlines could be up to VND10 trillion.

Vietnam’s economy in ‘coronavirus whirlwind’

The Ministry of Planning and Investment (MPI) has predicted that the GDP would grow by 5.96 percent, a 7-year low.

BIS membership marks new stride in VN State Bank’s integration process

The State Bank of Vietnam (SBV) was recently invited to become a member of the Bank for International Settlements (BIS).

Looser monetary policy needed to counter global volatility

A looser monetary policy should be instituted to support economic growth in the wake of global volatilities, especially the outbreak of the novel coronavirus (nCoV), experts suggested.

Vietnam's monetary market 2019: earlier forecasts missed the mark

When the State Bank of Vietnam (SBV) late last week slashed the dollar purchase price, the greenback prices quoted by commercial banks were adjusted immediately.

Pork prices vs. monetary policy

Can the prices of pork destabilize the monetary policy formulated by the central bank in Vietnam?

Vietnam’s forex reserves peak at $70 billion

After two big purchases of foreign currencies in the first four months of the year and from July until now, Vietnam’s forex reserves reached the highest level, now at $70 billion.

Bank loans keep flowing to real estate projects

Experts, citing figures and reports, affirmed that banks have not stopped funding real estate projects.

Asian central banks slash interest rates, and Vietnam may follow

Analysts believe that the State Bank of Vietnam (SBV) should follow the move of other central banks to cut interest rates. This would help ease the burden on businesses.

As corporations issue more bonds, credit rating firms are needed

VND9.103 trillion worth of listed corporate bonds were issued in the first quarter of 2019. Vietnamese enterprises are issuing bonds instead of borrowing money from banks when seeking long-term capital.

VN central bank to keep monetary policy on hold through 2019

The State Bank of Vietnam (SBV) will hold its benchmark refinancing and discount rates at 6.25% and 4.25%, respectively, in addition to maintaining its 14% credit growth target for the remainder of 2019, experts forecast.

 

Will Vietnam loosen monetary policies?

Some central banks have loosened monetary policy to promote economic growth.

Tightening monetary policy: strong message from central bank

The State Bank of Vietnam (SBV) has requested commercial banks to control disbursement in risky business fields such as real estate, consumer credit and securities investments.

Vietnam begins to tighten monetary policy

VietNamNet Bridge - In the context of pressure on inflation and exchange rate, macroeconomic stabilization must be the top priority, experts say.

Vietnam advised to tighten monetary policies

Fitch Ratings has advised Vietnam to gradually tighten monetary policies to stabilize the macro economy and have an opportunity for investment level upgrading.

Vietnamese put gold, dollars in investment and business production

VietNamNet Bridge - Current monetary policies and the strong rise of the stock market have prompted people to pour money into production and investments.

Banking sector cautious about monetary policy loosening

VietNamNet Bridge - Easing the lending interest rate further by 0.5 percent and obtaining a high credit growth rate of 21-22 percent as instructed by the PM will not be an easy task.

Fed leaves interest rates unchanged, remains upbeat on economy

 The Federal Reserve held interest rates steady on Wednesday in its first meeting since President Donald Trump took office, but painted a relatively upbeat picture of the U.S. economy

Fed's Yellen says unwise to allow U.S. economy to run 'hot'

 With monetary policy still modestly accommodative, the U.S. central bank should continue to raise interest rates slowly or risk harm to the recovery the Fed has sought to nurture, Federal Reserve Chair Janet Yellen said on Thursday.

Increase in oil exploitation won’t help GDP: economists

VietNamNet Bridge - In the context of global oversupply and unstable oil prices, oil & gas exports must not be seen as the lifebuoy for the Vietnamese economy.