Vietnam’s forex reserves at all-time high of $92bn: gov’t
The reserves grew $40.5 billion in less than three years
The reserves grew $40.5 billion in less than three years
The refinancing rate will be cut to 4.5% from 5% and the discount rate to 3% from 3.5%
Companies operating in the agriculture, tourism and transport industries have been hit hard, leaving several local banks with rising bad debts
Many local banks have agreed to cut their lending rates by 0.5-1.0 percentage points
Vietnam’s central bank will lower the ceiling on interest rates that banks can offer on dong deposits for 1-month and 6-month terms
Vietnam’s central bank said on Friday it is cutting several interest rates to increase liquidity and support economic growth
On Tuesday, the daily reference exchange rate passed the VND23,000-per-USD mark for the first time since 2015
Consumer price index picked up by only 0.1 percent in the first month of 2019
The former president had made multiple illegal employments of his wife and in-laws
The central bank will pursue a flexible monetary policy that aims at maintaining economic stability