As economic storms rage worldwide, Vietnam's Deputy PM Le Minh Khai marshals forces to monitor price swings and deploy flexible strategies to rein in inflation within the 4-4.5% target for 2024.
Dialogue aimed at acknowledging the challenges facing enterprises and workers and seeking solutions to help overcome the difficulties in economic recovery.
After the State Bank of Vietnam (SBV) raised the ceiling interest rate for deposits under six months to 6 per cent per annum, many banks increased their rates from October 25. The highest is at SCB, at up to 9.3 per cent per annum. Analysts have forecast that interest rates will continue to increase over the closing months of the year due to exchange rate pressure and inflation.