Hanoi: Prime Minister Le Minh Hung on April 29 chaired a working session with the State Bank of Vietnam (SBV), stressing that the management of exchange rates, interest rates, and credit must be conducted in a flexible and coordinated manner to meet higher demands in the new context, especially the double-digit growth target. PM Hung commended the banking sector for its proactive, responsive, and effective policy management, which has delivered tangible contributions to the country's overall socio-economic performance.
According to Vietnam News Agency, the Prime Minister emphasized the importance of aligning financial strategies with the country's ambitious growth targets. The call for flexibility and coordination in handling monetary policies underscores the government's commitment to fostering economic stability and growth. The Prime Minister's remarks highlight the critical role of the banking sector in achieving the nation's economic objectives.
The discussions during the working session revolved around ensuring that the financial system remains robust and capable of supporting the country's growth ambitions. The Prime Minister's directives are seen as a strategic move to ensure that monetary policies are adaptable to changing economic conditions while still maintaining a focus on achieving sustained growth. The meeting underscored the need for continued vigilance and strategic planning in the financial sector to support Vietnam's economic aspirations.