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Why Vietnam's Economy Is In Need Of Cooling Down

Why Vietnam's Economy Is In Need Of Cooling Down
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Banks post huge profits despite low credit growth

Credit growth throughout the banking sector in the first quarter remained low at 0.26 per cent, but many banks still reported significant profits.

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Vietnam central bank keeps flexible management of exchange rates

(VOVWORLD) -The State Bank of Vietnam (SBV) prioritizes flexible management of exchange rates, SBV Deputy Governor Dao Minh Tu said at the regular Government press conference for March in Hanoi on Wednesday.

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More policy rate cuts forecast in 2024 to support economic growth

There is still room for the State Bank of Vietnam (SBV) to make another policy interest rate cut in 2024 to boost economic growth, analysts believed.

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