Vietnamplus

The flexible implementation of monetary policy from the State Bank of Vietnam (SBV) contributed to stabilising the financial market from the beginning of this year.

The Malaysian government on July 13 decided to lower the basic interest rate for the first time in seven years in the context of its economy struggling with weak exports and uncertain global economic

The National Financial and Monetary Policy Advisory Council will concentrate on dealing with the reorganisation of credit institutions and State-owned enterprises, and handling bad debts.

The Prime Minister has signed a decision to establish a 39-member National Financial and Monetary Policy Consultation Council led by Deputy Prime Minister Vuong Dinh Hue.

Credit would increase faster in the next few months thanks to new regulations on lending, experts have forecast.

The National Council for Financial and Monetary Policy Consultation should promote its advisory role in major projects in the field.

Singapore on April 14 announced that the country will loosen its monetary policy in an attempt to stimulate the country’s sluggish economy which has been forecast for slow growth this year.

The State Bank of Vietnam (SBV) has called on lenders to carry out proper monetary policies and assure secure and efficient operations this year.

The consumer price index (CPI) this year would rise more than in 2015 due to a number of factors, statistics official have forecast.

Consumer credit was expected to develop rapidly in Vietnam in the next five years, driven by rising demand from a recovering economy with a young population.

Deputy Prime Minister Vu Van Ninh has urged the State Bank of Vietnam (SBV) to develop flexible and effective monetary policy initiatives in combination with fiscal policy.

The picture of Vietnam’s monetary policy in 2015 is brighter than that in 2011, affirmed Deputy Governor of the State Bank of Vietnam Nguyen Thi Hong.

Credit this year could reach roughly 18 percent, meeting the capital demands of the economy, Deputy Director of the State Bank of Vietnam's Monetary Policy Department Nguyen Duc Long said.

The banking sector needs to be more proactive in economic integration in anticipation of fiercer competition in both domestic and global playgrounds.

Vietnam ’s inflation is forecast to rebound to 4.9 percent in 2016 while the Gross Domestic Product (GDP) growth is forecast at 6.7 percent.

The Vietnam Institute for Economic and Policy Research (VEPR) has said the central bank should adopt a more cautious monetary policy to avoid asset bubble risk in the future.

The Monetary Authority of Singapore (MAS) announced on October 14 that it will ease its monetary policy for the second time this year in an effort to foster economic growth.

Synchronous measures and monetary policy tools, including the selling of foreign currencies when needed, will continued to be employed to keep the VND's exchage rates within the allowed band.

The trade-weighted Singapore dollar (SGD) has not been drastically affected by the devaluation of the Chinese yuan, according to the Monetary Authority of Singpore (MAS).