Ho Chi Minh City will struggle to attract private investors if it continues with stringent …
Read More »SBV sticks to 0% rate to fight off dollarisation
Measures implemented by the State Bank of Vietnam (SBV) to fight off the dollarisation of the economy, highlighted by the 0% interest rate for deposits made in US dollars, have produced positive effects in stabilising the exchange market, increasing foreign reserves, remittance flows and foreign investments, said economists. Outside of …
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