Vietnam to continue using base rate-c.bank strategist (Reuters via Yahoo! Asia News)

Posted on 28 January 2010

HANOI, Jan 28 (Reuters) – Vietnam’s central bank would continue to use the base rate to regulate domestic money markets and to stop banks from competing in setting deposit rates, a central bank strategist said on Thursday.

Read more from the original source:
Vietnam to continue using base rate-c.bank strategist (Reuters via Yahoo! Asia News)

This post was written by:

- who has written 3884 posts on VietSight.com.


Contact the author

Leave a Reply

Vietnam Fast Facts:

  • GDP (2008): $84.98 billion.
  • Real growth rate: 6.23% (2008)
  • Inflation rate (January 2009): 17.48% year-on-year.
  • External debt (2008): 29.8% of GDP, $21.8 billion.
  • Population: 85.79 million
  • Services: 38.10% of GDP, 2008
  • Exports: $62.9 billion
  • Imports: $80.4 billion
  • Goldman Sachs paper: Vietnam: The Next Asian Tiger in the Making