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Vietnam: Central bank keeps eye on credit growth
Vietnam: Central bank keeps eye on credit growth
Wednesday, 10 August 2016 – The State Bank of Vi?t Nam (SBV) will closely watch credit growth and direct the credit flow into production in the remaining months of this year.
SBV’s Governor Lê Minh H?ng said that the central bank would continue its flexible monetary policies in co-ordination with the government’s fiscal policies to put inflation under control, ensure macro-economic stability and support economic growth.
H?ng said monetary policies would focus on removing difficulties for businesses, and added that the central bank was determined to stabilise interest rates despite the pressure of rising rates driven by expectations over inflation. Read More?