On May 11, the State Bank of Vietnam (SBV) and the People's Committee of Ho Chi Minh City jointly organized a conference to discuss monetary and credit solutions to support and promote the economy of the Southeast region.
On the afternoon of April 22, Prime Minister Pham Minh Chinh met with representatives from the State Bank of Vietnam (SBV), the Ministry of Finance, and the Ministry of Justice to discuss and advance the release of two crucial circulars.
During a seminar on "Opening Capital Flow into Production and Business" hosted by Tuoi Tre Newspaper on March 30, the Standing Deputy Governor of the State Bank of Vietnam (SBV), Dao Minh Tu, emphasized SBV's message to lower interest rates.
Commercial banks have agreed to lower deposit interest rates by about 0.5 percent starting from March 6, while State-owned banks will only reduce their rates by 0.2 percent because they are already at the lowest level in the market.
Prime Minister Pham Minh Chinh expressed his hope that the baking sector will be more proactive, creative and responsive to policies in 2023 at a meeting on January 27 or the sixth day of the Lunar New Year.
The State Bank of Vietnam (SBV), on December 15, announced the US dollar buying price at VND23,450 per dollar after not listing the buying price for about three months. It shows that the SBV has started to buy foreign currencies for intervention and inject the Vietnamese dong into the market because foreign currency liquidity has become less tense.