In bold move, Vietnam cuts interest rates
Financial experts say the recent decision by the State Bank of Vietnam (SBV) to cut interest rates is a bold but reasonable move given the need to ease business access to loans in order to accelerate growth.
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Financial experts say the recent decision by the State Bank of Vietnam (SBV) to cut interest rates is a bold but reasonable move given the need to ease business access to loans in order to accelerate growth.
State Bank of Vietnam (SBV) Governor Nguyen Thi Hong provided a positive assessment of the banking system’s liquidity.
The State Bank of Vietnam (SBV) has taken action to ease difficulties for major petroleum businesses based on the recommendations of the Ministry of Industry and Trade (MoIT) and the Ministry of Finance (MoF).