(VOVworld) - The Labor newspaper and the National Economic University held a workshop on monetary management policy over the past 5 years.

Delegates praised prudent and flexible monetary policies, in particular lowering the inflation rate from 18% in 2011 to below 2% this year. Soft interest rates also helped boost economic recovery and production.
Stable foreign exchange market has improved the national balance of payment and increase foreign currency reserves, as the National Economic University’s rector, Tran Tho Dat, explained: “The Vietnamese banking sector has achieved progress which was recognized and praised by the society. Correct policies in monetary management, credit growth, gold and foreign currency market have ensured a stable macro economy.”