Fiscal policies work to keep inflation under control Business

Fiscal policies work to keep inflation under control

Fiscal policies have worked to promote economic growth and control inflation in the first months of this year, Deputy Minister of Finance Vo Thanh Hung said, adding that close watch would be placed on the market to ensure inflation was within the National Assembly’s target.
Reference exchange rate up 16 VND Business

Reference exchange rate up 16 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,123 VND/USD on April 21, up 16 VND from the previous day.
Reference exchange rate up 5 VND Business

Reference exchange rate up 5 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,112 VND/USD on April 19, up 5 VND from the previous day.
Indonesia expects 4.5-5.2 percent growth in Q1 World

Indonesia expects 4.5-5.2 percent growth in Q1

Indonesian Finance Minister Sri Mulyani Indrawati has projected that the country’s economy will grow 4.5 percent to 5.2 percent in the first quarter of 2022 amid uncertainty about the global economy due to the conflict in Ukraine.
Commercial banks tighten real estate lending Business

Commercial banks tighten real estate lending

Some banks have temporarily stopped providing loans to the real estate sector in the short term in the wake of the State Bank of Vietnam (SBV)'s policy on controlling credit growth in risky areas.
Credit growth in Q1 2022 hits high level Business

Credit growth in Q1 2022 hits high level

Credit growth of credit institutions was quite positive at 5.04 percent at the end of the first quarter of this year, much higher than the 2.16 percent rise in the same period last year, the State Bank of Vietnam (SBV)’s Deputy Governor Dao Minh Tu said at the Government’s regular press conference in March.
Reference exchange rate up 7 VND Business

Reference exchange rate up 7 VND

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,108 VND/USD on April 12, up 5 VND from the last working day of previous week (April 8).