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.
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.
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.
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.
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.
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.
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.
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.
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"
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.
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.
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.
February 11, 2011 | 09:32
IMF chief Dominique Strauss-Kahn on Thursday said the currencies of China and other emerging economies should play a greater role in global finance, as part of a bid to promote monetary stability.
February 05, 2011 | 20:25
Over the past decade, the trade deficit along with high inflation has been named as the most alarming threat to Vietnam’s macroeconomy and to monetary management.
January 26, 2011 | 22:15
After a decade of high annual growth until 2007, Vietnam has experienced a slowdown since 2008 with the onset of the global economic crisis, when its gross domestic product (GDP) growth fell to 6.2 per cent and then further to 5.2 per cent in 2009.