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Update news monetary

Vietnam’s 2019 credit growth target considered unattainable
Vietnamnet global

Vietnam’s 2019 credit growth target considered unattainable

Vietnam’s credit growth is projected to fall below the 14% target set for this year by the State Bank of Vietnam (SBV), due to lower-than-expected lending to businesses in the industry, construction and telecommunications sectors.

VND depreciation won’t be sharp enough to give people a start
Vietnamnet global

VND depreciation won’t be sharp enough to give people a start

 VietNamNet Bridge – No one thinks that the dong would be devaluated by 2 percent by the end of the year. In general, Vietnam would need more than 3 months for such a big currency devaluation.