Hanoi, Oct. 19 -- Governor of the State Bank of Vietnam (SBV) Pham Duc An has called on commercial banks to cut lending rates selectively, prioritising production, business activities and sectors encouraged by the Government, while ensuring banking system safety. He made the remarks at a meeting in Hanoi on October 19 between the central bank and 46 commercial banks, held after the SBV issued Official Dispatch No. 9608/NHNN-CSTT, urging credit institutions implement measures to support the economy, with a focus on reducing lending rates while safeguarding banking system stability. The Governor stressed that a sound banking system and macroeconomic stability are essential to achieving double-digit economic growth. As of late last week, dep...