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Prime Minister pushes SBV to achieve robust growth target

by VTV419 July 2017 Last updated at 09:17 AM

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VTV.vn - Prime Minister Nguyen Xuan Phuc has urged the State Bank of Viet Nam (SBV) to take more comprehensive and bold measures to boost credit growth and reduce interest rates.

The message was communicated to the SBV on Tuesday in Ha Noi by a working group led by Government Office Chairman Mai Tien Dung, to push the central bank to help achieve the 6.7 per cent economic growth targeted for this year. Besides meeting the credit growth target of 18 per cent in 2017, the PM has required the SBV to better direct loans flowing into production, business and infrastructure to support enterprises. He also urged the SBV to encourge commercial banks to lower interest rates by 0.5 to 1%.