Thursday, 7/11/2024
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State Bank of Vietnam
Central bank demands lending rate cuts, growth target to be met
The central bank aims to cut lending rates by 1-2%, with a focus on supporting economic recovery and growth drivers, emerging sectors, green transitions, circular economy and social housing.
Business
Central bank pushes others to boost lending from start of New Year
The State Bank of Vietnam has issued a directive urging credit institutions to accelerate credit growth from the early months of 2024, a pivotal step toward propelling economic growth.
Bloomberg gives positive economic outlook for Vietnam in 2024
Vietnam’s economy is recovering, with foreign direct investment likely to remain forthcoming and the country staying attractive over the coming years.
No interest rate hike in 2024: central bank
The central bank will manage rates in the direction of not increasing operating costs, and based on global economic development and major macro balances.
State Bank of Vietnam to keep policy rates steady in 2024: UOB
With the pace of economic activities on the mend and inflation rates already easing below the target level, the State Bank of Vietnam (SBV) will maintain its refinancing rate at the current level of 4.5% to support economic recovery, the United Overseas Bank (UOB) said in a report.
US Treasury continues not to list Vietnam as currency manipulator
The US Department of the Treasury has continued not to list Vietnam as a currency manipulator in its latest semi-annual report on the macro-economic and foreign exchange policies of major trading partners of the US, the State Bank of Vietnam (SBV) said on November 8.
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