The draft law on credit institutions (amended) stipulates early intervention measures in some cases to help prevent banks from falling into insolvency and massive money withdrawals, which occurred with SCB Bank recently.

Deputy Governor of the State Bank of Vietnam (SBV) Pham Thanh Ha has said that interest rates will continue to decrease to help enterprises and the national economy recover.

In a report to National Assembly Deputies, the Ministry of Planning and Investment (MPI) replied to the opinion requesting to prepare for the scenario of the US declaring debt default.

Enterprises want to have a flexible effective monetary policy and to see their demand for capital satisfied. Ensuring liquidity is one of the most important duties of the policy.

The Governor of the State Bank of Vietnam (SBV) sent important messages about monetary policies at a meeting with businesses held by SBV and HCM City People’s Committee late last week.

Amid fluctuations in the global financial market, the exchange rate in Viet Nam has remained stable in the first four months of this year, and the Vietnamese dong is considered one of the most stable currencies in Asia, according to experts.

Amid the fluctuation of the global financial market, the exchange rate in Vietnam has remained stable in the first four months of this year, and the Vietnam dong has been considered one of the most stable currencies in Asia, according to experts.