Vietnam Law & Legal Forum Magazine is your gateway to the law of Vietnam

Official Gazette

Saturday, September 19, 2020
Tags: monetary policies
PM requests economic stimulation inflation control PM requests economic stimulation, inflation control
Prime Minister Nguyen Xuan Phuc has called for the continued study of fiscal and monetary policies to stimulate the country’s economy while ensuring macro-economic stability and inflation control.
PM requests people-centered economic recovery solutions PM requests people-centered economic recovery solutions
Economic development must be ensured amid the COVID-19 pandemic to provide jobs and guarantee people’s livelihoods, Prime Minister Nguyen Xuan Phuc said on August 19.
Central bank to adjust monetary policies to weather pandemic Central bank to adjust monetary policies to weather pandemic
The State Bank of Vietnam announced it could adjust monetary policies, including credit growth and incentives, in the remaining months of the year to cope with the COVID-19 pandemic.
Fiscal monetary policies to be more proactive flexible Fiscal, monetary policies to be more proactive, flexible
Fiscal and monetary tools and policies should be governed in a more proactive and flexible manner from now to year’s end in order to maintain macro-economic stability and boost growth, according to the National Advisory Council on Financial and Monetary Policies.
Building and improving the legal framework on foreign exchange management Building and improving the legal framework on foreign exchange management
In recent years, especially 2019, the world economy witnessed a series of insecurities. While almost all economies show signs of a slowdown, trade tensions among economic giants, especially the US-China trade war, continued to undergo complicated developments. As a result, the global growth rate in 2019 dropped to the lowest level since the 2008-09 financial crisis. Gold prices spiked and crude oil prices strongly fluctuated, giving rise to risks in the international market and consequently, many countries had to loosen their fiscal and monetary policies.
Government continues cutting costs for businesses Government continues cutting costs for businesses
By 2020, enterprise inspection and examination plans and handling results will be publicized on websites or portals of inspecting agencies.
Prime Minister joins IMF-WB meeting Prime Minister joins IMF-WB meeting
Prime Minister Nguyen Xuan Phuc joined leaders of other ASEAN countries at the opening ceremony of the annual meetings of the International Monetary Fund - World Bank Group on October 12 in Indonesia.
Banking sector development strategy approved Banking sector development strategy approved
Vietnam will have at least two or three banks in Asia’s top 100 largest banks and three to five banks listed on foreign stock markets by 2025 under Decision 986/QD-TTg recently approved by the Prime Minister.
APEC Finance Ministers target balanced inclusive growth APEC Finance Ministers target balanced, inclusive growth
APEC members are determined to use all policy tools - monetary, fiscal and structural - individually and collectively, to achieve strong, sustainable, balanced and inclusive growth.
Decision No. 1191/QD-TTg of August 14 2017 Decision No. 1191/QD-TTg of August 14, 2017
approving the bond market development roadmap during 2017-2020, with a vision toward 2030

Video

Vietnam Law & Legal Forum