#Monetary policy

Deputy Prime Minister Vuong Dinh Hue, Chairman of the National Financial and Monetary Policy Advisory Council, chaired a meeting in Hanoi on September 28 to review monetary policy for the third quarter of 2018 and outline tasks for the coming time.

The State Bank of Vietnam (SBV) has set a credit growth target of 18% for this year and it pledged to continue measures to keep credit growth suitable to the country’s economic development.

A flexible monetary policy supported stability in Vietnam’s financial market and fostered economic growth this year, a National Financial Supervisory Commission (NFSC) official said in Hanoi recently.