Monday, 23/12/2024

State Bank of Vietnam

Central bank demands lending rate cuts, growth target to be met

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.

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.