Exchange rate, interest rate, credit management must align with 2-digit growth target: PM
Hanoi, April 29 -- Hanoi (VNA) - Prime Minister Le Minh Hung on April 29 chaired a working session with the State Bank of Vietnam (SBV), stressing that the management of exchange rates, interest rates and credit must be conducted in a flexible and coordinated manner to meet higher demands in the new context, especially the double-digit growth target. PM Hung commended the banking sector for its proactive, responsive and effective policy management, which has delivered tangible contributions to the country's overall socio-economic performance. Analysing the world situation and assigning tasks for the coming time, he stressed that the SBV must adopt a more forward-looking and development-oriented approach, shifting from administrative manag...
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