Conference sets orientations for State Bank in 2020
(VOVWORLD) - A conference was held on Thursday in Hanoi to review operation of the State Bank of Vietnam in 2019 and set a working plan for the Bank for 2020.
 Prime Minister Nguyen Xuan Phuc at the event (Photo: nhandan.com.vn) |
Governor Le Minh Hung said that last year, the Bank applied monetary tools to stabilize the market, secure funds for the economy, and control the inflation rate. The State Bank of Vietnam maintains the inflation rate at around 2% and provides sufficient funds for the Vietnamese economy although credit growth is only 13%, Hung said. He called these the biggest achievements of 2019.