Vietnam eyes rate cuts amid ample liquidity and FX pressure

Vietnam eyes rate cuts amid ample liquidity and FX pressure

Hoang Xuan Trung from Citi Vietnam shared insights on how the economic situation is shaping Vietnam’s interest rate strategy and growth outlook.
Softer exchange rate loom in H2

Softer exchange rate loom in H2

The USD/VND exchange rate is forecast to abate in the months to come, leveraging diverse supportive factors in both domestic and international markets, as well as central bank movement.
Improved liquidity  reflects confidence

Improved liquidity reflects confidence

Interbank rates are falling in step with improved bank liquidity, lower demand for credit, risk-averse banks and State Bank bills.