Keyword: credit growth

Economy sees positive signs

Credit growth in the first three months of 2021 rose 2.93% quarter-on-quarter, much higher than last year’s figure of less than 1%. First-quarter credit growth is normally the lowest for the year, so insiders have high hopes for the yearly figure.

Central bank to keep proactive, flexible monetary policy

For the time ahead, the State Bank of Vietnam (SBV) will keep a proactive and flexible monetary policy basing on market developments and forecasts for the macro-economy, SBV Deputy Governor Dao Minh Tu told a meeting on April 22.

Vietnam – one of fastest growing economies: WB

Vietnam's growth accelerated to 4.5 percent in the last quarter of 2020, resulting in an annual growth rate of 2.9 percent - making it one of the fastest growing economies in the world, according to the World Bank (WB).