(VOVWORLD) - The monetary policy should adapt to the economic situation while incentives for economic recovery should be balanced, said experts at a conference on Thursday.
 The conference on the macro-economic stability and growth recovery in 2023 (photo: daibieunhandan.vn) |
The conference which discussed the impacts of high interest rates on the macro-economic stability and growth recovery in 2023, was co-organized by the Vietnam Institute for Economic and Policy Research (VERP), the National University of Economy, and Hanoi National University on Thursday.
Nguyen Quoc Viet, Deputy Director of VERP, said: “We should have strategies for energy security, supply chain, and food security. It’s important to improve the competitiveness of businesses and increase links between businesses. By so doing, we can increase the added value of Vietnam's export products and help businesses grow in par with foreign-invested businesses in Vietnam.”
Experts said that in the long term it’s necessary to closely follow the global and domestic economic developments, improve the flexibility of monetary policy, and foster the resilience of the banking system.