monetary

Authorities urged to step up fiscal scheme

October 06, 2022 | 15:34

With Vietnam’s economy recording a positive recovery, the government is accelerating the country’s largest-ever monetary and fiscal package. However, the implementation of this initiative is expected to cause a budget deficit and sufficient capital for it is now being mobilised.

Global monetary tightening: issues for emerging markets

August 20, 2022 | 08:00

The US Federal Reserve has been increasing its interest rate at a difficult time for emerging markets. Patrick Lenain, senior associate at the Council on Economic Policies, offers his assessment of how the Fed’s interest rate hike affects the Vietnamese market and some solutions to respond to the fluctuations.

US and Vietnam aligning on monetary philosophy

August 24, 2021 | 13:09

The United States and Vietnam are making joint efforts to ensure market fairness and macroeconomic stability, therefore enhancing bilateral economic links with monetary and exchange-rate perspectives.

SBV focuses on flexibility to achieve economic goals

June 14, 2018 | 11:48

The State Bank of Viet Nam will tweak monetary policy this year to help achieve the targets set by the Government and National Assembly.

PM Dung's New Year message stresses top priorities

January 02, 2013 | 09:38

PM Nguyen Tan Dung has sent a New Year message emphasising the central tasks of 2013, which include institutional improvement, combination of monetary and fiscal policies, support for businesses, administrative reform, economic restructuring, and guarantee of social welfare.

Balancing act to calm the market

January 02, 2012 | 11:08

In 2011, the State Bank took the first key steps towards restoring the balance between the money market and capital market.

Avoiding the year-end pressures

October 23, 2011 | 21:17

Monetary policy will continue to be crucial in constraining the traditional inflation blowout during the final months of the year.

Recalibration of policy needed

October 03, 2011 | 08:00

As the spectre of stagnation appears on the horizon, it may be time for Vietnam to consider a different policy direction.

Gold fever proves contagious

September 19, 2011 | 07:00

"Wall Street could easily press the gold price back to $1,200-$1,500, draining China’s reserves, as it did to OPEC countries when the gold price fell from $850 to $200 after the energy crisis of 1979"

A steady hand to guide economy

August 15, 2011 | 09:39

Newly-elected State Bank governor Nguyen Van Binh talks to VIR about the bank’s main goals and explains why the country has reasons to be optimistic on the forex front.

Interest rates spiking growth limitation plans

April 11, 2011 | 08:00

The credit growth target set under 20 per cent for this year seems to be well within reach as the monetary tightening process continues to nail interest rates at a high level.

New legislation to curb outstanding new year issues

February 14, 2011 | 08:00

In 2010, Vietnam’s economy witnessed a lot of bad news, including the Vinashin scandal, the over-inflation of the local currency, the super-inflation of consumer price index (CPI), the increase in gold and US dollar prices weakening the local currency, the gloomy securities markets and proposed bond issuances from large corporations.