Monday, July 23, 2018 - 9:29:16

credit growth

Vietnam posts strong Q2 growth

Business

Vietnam posts strong Q2 growth

Vietnam’s economy maintained impressive growth in the second quarter this year, according to a macroeconomic report released by the Vietnam Institute for Economic and Policy Research (VEPR) in Hanoi on July 11.

Deputy PM gives direction to prevent 'double' inflation

Business

Deputy PM gives direction to prevent 'double' inflation

Deputy Prime Minister Vuong Dinh Hue has asked the State Bank of Vietnam to actively and proactively direct monetary policy; closely combine with fiscal and macro-policies to control inflation; and prevent double inflation caused by higher foreign exchange rates and global fuel prices.

WB: Vietnam’s economy improves further

Business

WB: Vietnam’s economy improves further

Vietnam’s economy is forecast to continue improving, with gross domestic product (GDP) to expand by 6.8 percent this year, said the World Bank (WB) in its latest economic update for Vietnam.

Interest rate caps not needed: experts

Business

Interest rate caps not needed: experts

The State Bank of Vietnam should consider developing a roadmap to remove regulations on credit growth limits and interest rate caps as it isn’t suitable due to the country’s achievements in stabilising the nation’s economy, according to experts.

Fee hikes threaten cashless plan

Business

Fee hikes threaten cashless plan

Recent surges in transactions and withdrawal fees at a number of commercial banks went against the State Bank of Vietnam’s (SBV) initial policy roadmap for a seamlessly cashless society.