State Bank vows to flexibly direct monetary policy Business

State Bank vows to flexibly direct monetary policy

Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has affirmed that the SBV will direct monetary policy in a proactive, flexible, and cautious manner, and in harmony with fiscal and other macro-economic policies to curb inflation, maintain macro-economic stability, and fuel economic growth.
Credit growth goal set at 18 percent for 2017 Business

Credit growth goal set at 18 percent for 2017

The State Bank of Vietnam (SBV) has set a credit growth target of 18 percent for this year and it pledged to continue measures to keep credit growth suitable to the country’s economic development.
US dollar stays at high level Business

US dollar stays at high level

The greenback rate remained at the ceiling price on August 25 despite the State Bank of Vietnam (SBV)’s August 24 announcement of no adjustment to the VND/USD rate through early 2016.