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Flexible, cautious monetary policy management bears fruit


Flexible, cautious monetary policy management bears fruit
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 10/01/2021
  
12:34
GMT+7
Vietnam’s economy was adversely affected by the COVID-19 pandemic in 2020, along with natural disasters and the impact of trade conflicts.
The State Bank of Vietnam
But the State Bank of Vietnam (SBV) managed a monetary policy flexibly and cautiously, in combination with other fiscal and macro-economic policies, to curb inflation, stabilise the macro economy as well as monetary and foreign exchange markets, and support economic recovery.
The SBV adopted one of the quickest and strongest monetary policy responses in the world. ....

Republic Of , Dao Minh Tu , Tri Thanh , National Assembly , Institute For Brand , Supervision Agency , Monetary Policy Department , State Bank , Bui Thuy Hang , Deputy Director , Policy Department , Competitiveness Strategy , Deputy Chief Inspector , Nguyen Thi Hong , Exchange Rate , Monetary Policy , Vietnam Economy , Vietnam Business News , Business News , Vietnamnet Bridge , English News , Vietnam News , Vietnamnet News , Vietnam Latest News , Vietnam Breaking News , Vietnamese Newspaper ,

Flexible, cautious monetary policy management bears fruit | Business


The headquarters of the State Bank of Vietnam (Photo: VNA)
Hanoi (VNA) - Vietnam’s economy was adversely affected by the COVID-19 pandemic in 2020, along with natural disasters and the impact of trade conflicts.
But the
State Bank of Vietnam (SBV) managed a monetary policy flexibly and cautiously, in combination with other fiscal and
macro-economic policies, to curb inflation, stabilise the macro economy as well as monetary and
The SBV adopted one of the quickest and strongest monetary policy responses in the world.
According to Bui Thuy Hang, Deputy Director of the SBV’s
Monetary Policy Department, the central bank worked to ensure smooth liquidity for credit institutions and helped the monetary and foreign exchange markets stay firm, thus enabling credit institutions to cut interest rates. ....

Han I , Republic Of , Dao Minh Tu , Tri Thanh , Institute For Brand , National Assembly , Supervision Agency , Monetary Policy Department , State Bank , Bui Thuy Hang , Deputy Director , Policy Department , Competitiveness Strategy , Deputy Chief Inspector , Nguyen Thi Hong , State Bank Of Vietnam , Macro Economic Policies , Foreign Exchange Markets , Bad Debts , Vietnam News , ஹான் நான் , குடியரசு ஆஃப் , டாவோ மிந் து , திரி த்யாந் , நிறுவனம் க்கு பிராண்ட் , தேசிய சட்டசபை ,

THAILAND: Higher productivity in manufacturing key to becoming high-income country


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THAILAND: Higher productivity in manufacturing key to becoming high-income country
Higher productivity growth in Thailand will be a key source of stronger economic growth and better competitiveness, according to the Thailand Manufacturing Firm Productivity Report, a joint research product of the World Bank and the Monetary Policy Department of the Bank of Thailand.
For Thailand to achieve its national development strategy target to transition to high-income status by 2037 and to recover from the COVID-19 pandemic’s economic impact, it must accelerate structural reforms to boost investment and accelerate productivity growth of manufacturing firms. Thailand would need to sustain a long-run average growth rate of over 5 percent beyond 2025. Achieving this growth rate would require nearly doubling the current rate of both public and private investment to 40 percent while maintaining one of the fastest Total Factor Productivity growth trajectories, similar to th ....

South Korea , Birgit Hansl , Kiatipong Ariyapruchya , World Bank Country , World Bank Senior Economist For Thailand , Monetary Policy Department Of The Bank , Thailand Manufacturing Firm Productivity , World Bank , Thailand Manufacturing Firm Productivity Report , Monetary Policy Department , Total Factor Productivity , World Bank Country Manager , Global Financial Crisis , World Bank Senior Economist , Competition Act , தெற்கு கொரியா , உலகம் வங்கி நாடு , உலகம் வங்கி மூத்தவர் பொருளாதார நிபுணர் க்கு தாய்லாந்து , பண பாலிஸீ துறை ஆஃப் தி வங்கி , தாய்லாந்து உற்பத்தி நிறுவனம் ப்ரோடுக்டிவிடீ , உலகம் வங்கி , தாய்லாந்து உற்பத்தி நிறுவனம் ப்ரோடுக்டிவிடீ அறிக்கை , பண பாலிஸீ துறை , மொத்தம் காரணி ப்ரோடுக்டிவிடீ , உலகம் வங்கி நாடு மேலாளர் , உலகளாவிய நிதி நெருக்கடி ,