Vietnamnet.vn
Podcast
loosened monetary policy
Update news loosened monetary policy
Banks cut priority loan interest rates
Soon after the US announced a 0.25 % cut in the benchmark interest rate on July 31 seven Vietnamese banks, including State-owned lenders, announced a cut in interest rates on dong loans of at least 0.5 % to firms in the Government’s priority sectors.
Vietnamese businesses get benefits from Japan’s loosened monetary policy
The Japanese central bank has decided to loosen the monetary policy in an effort to raise the inflation rate to 2 percent, which would bring benefits to many Vietnamese businesses.
