Vietnam credit growth rises 1.96% by end of May

by VTV406 June 2020 Last updated at 18:17 PM

VTV.vn - Vietnam's banking system by the end of May recorded credit growth of 1,96% against the end of 2019, showing slight growth in production and business.

In addition, exchange rates have remained stable and bad debts are under control. Since the Covid-19 pandemic broke out in Vietnam, the SBV has implemented a number of measures, including restructuring debt payments and reducing interest rates and fees for people and businesses.

According to the SBV, Vietnam will continue to pursue a flexible monetary policy to control inflation and stabilize the forex market amid the complexity of the coronavirus pandemic.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-11-08 03:32 UTC