monetary policy

Update news monetary policy

The State Bank of Vietnam (SBV) has been warned against the hastiness in regulating the money policy. Vietnam would have to pay a heavy price for the decision to slash interest rates at unreasonable moments.

Time for monetary policy loosening

The State Bank of Vietnam has slashed the ceiling deposit interest rates several times in an effort to reduce the loan interest rates and increase the amount of capital to be pumped into the national economy.

Japan’s economic stimulus package brings high hopes to Vietnamese

Vietnam’s exports to Japan have been supported not only by bilateral and multilateral trade agreements, but also by the new economic stimulus package launched by the Japanese government worth $1.4 trillion.

Gold price gap creates fertile land for illegal imports

VietNamNet Bridge – The record big gap between the domestic and international gold prices has prompted speculators to import gold to sell domestically for profit.

IMF warns of potential financial risks of loose monetary policy

 The International Monetary Fund (IMF) on Thursday warned central banks to be alert to the potential financial risks of super-loose monetary policy adopted to cope with the financial crisis.

2012 a year of full upheavals for banking system

VietNamNet Bridge – The Vietnamese banking system experienced a stormy year 2012. However, no collapse or disaster occurred.

Banks only offers short-term loans, businesses want long-term loans

VietNamNet Bridge – The credit packages with preferential interest rates offered by commercial banks are all the short term ones, while banks do not intend to push up long term lending.