SBV interest rate cuts to allay economic difficulties

SBV interest rate cuts to allay economic difficulties

Interest rate cuts by the State Bank of Vietnam (SBV) and cost savings among credit institutions will pave the way for sustainable lending rate reductions, thus easing difficulties faced by businesses.
Central bank cuts interest rates to buffer COVID-19 impact

Central bank cuts interest rates to buffer COVID-19 impact

The State Bank of Vietnam (SBV) will cut its policy rates starting from March 17 in an attempt to support the economy which has been hurt by the COVID-19 outbreak.