Vietnam credit growth rises 1.96% by end of May

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.