Bond market has room to expand
Vietnam’s bond market can be put back on the right track, according to many experts.
Topic: room
4 more banks allowed to expand credit
The State Bank of Vietnam (SBV) has officially adjusted the credit limit for four banks - Vietcombank, HDBank, MB, and VPBank - in a bid to support weak credit institutions under government policy. An additional VND83.5 trillion ($3.49 billion) will be injected into the economy following the move. The credit growth limit at 18 banks has now reached 13.6 per cent.
Ample opportunity to control inflation
The price of many strategic materials under pressure from global uncertainties remains the greatest “unknown” that may “shake” the control of inflation over the second half of the year. According to analysts, however, there is still ample opportunity to keep inflation at below 4 per cent.