Rates On Hold Short Term, But Further Cuts Ahead

June 2009
Asia Monitor: South East Asia Monitor Volume 1;Jun2009, Vol. 20 Issue 6, p4
Country Report
The article presents a 2009 economic forecast for Vietnam by the Business Monitor International Inc. (BMI). The BMI cites that with the slowing down of growth to the greatest extent for over ten years and the worsening consumer price inflation, it sees room for the State Bank of Vietnam (SBV) to lower rates further. BMI adds that it finds the SBV to likely keep the base rate on hold short term despite the lending growth in April.


Related Articles

  • Economic Policy: Monetary Policy - Recent Developments.  // Vietnam Country Monitor;Nov2011, p12 

    The article focuses on the development of the economic and monetary policy in Vietnam as of November 2011. It states that monetary tightening accelerated in February to May 2011 in the middle of growing inflation. It tells that the State Bank of Vietnam increased its policy interest rate by 100...

  • May CPI Belies Decelerating Non-Food Prices.  // Asia Monitor: South East Asia Monitor Volume 1;Jul2008, Vol. 19 Issue 7, p5 

    The article presents an economic outlook for Vietnam in 2008. It is projected that inflation will reach a peak of close to 30% year over year (y-o-y) in the third quarter as month on month (m-o-m) inflation decelerates. It is expected that it will fall to the anticipated 18.0% inflation target...

  • Monetary Tightening To Curb Growth.  // Asia Monitor: South East Asia Monitor Volume 1;Apr2008, Vol. 19 Issue 4, p1 

    The article reports on the implementation of monetary tightening measures to address the threat of rapidly increasing inflation in Vietnam. The State Bank of Vietnam (SBV) has been commissioned to use monetary policy to manage a gradual depreciation of the dong vis-à-vis the U.S. dollar to...

  • Vietnam: Surprise Rate Hike Supports Our Core View.  // Emerging Markets Monitor;11/15/2010, Vol. 16 Issue 31, p8 

    The article presents a Business Monitor International (BMI) forecast for Vietnam in 2011, with particular focus on the surprise rate increase made by the State Bank of Vietnam on November 5, 2010. The move of the state bank is described as a desperate attempt to boost the deteriorating...

  • Inflation To Fall.  // Emerging Europe Monitor: South East Europe Monitor;Oct2011, Vol. 18 Issue 10, p6 

    The article presents an economic forecast detailing the harmonised index of consumer price (HICP) inflation condition in Bulgaria as of 2011. Business Monitor International Ltd. (BMI) cites the country's 4.5% HICP in the same year. In addition, the country has experienced 1.9% year-on-year...

  • Deflation Set To Persist.  // Asia Monitor: South East Asia Monitor Volume 2;Jul2009, Vol. 20 Issue 7, p8 

    The article presents the Business Monitor International Ltd.'s (BMI) economic outlook for Singapore, particularly its inflation rate for 2009 and onwards. The BMI reveals that the country's rate of inflation declined in April 2009, with the consumer price index (CPI) dropping by 0.7% annually....

  • Inflation Slowing Down, But Upside Risks Remain.  // Africa Monitor: North Africa Monitor;Dec2010, Vol. 15 Issue 12, p6 

    The article offers information regarding the inflation forecasts made by the Business Monitor International Ltd. (BMI) in Algeria. It states that the increase in the global food prices is counteract with the weak property market in which will result to the stabilization of the consumer price...

  • No Major Inflationary Pressures On Horizon.  // Emerging Europe Monitor: Central Europe & Baltic States;Sep2010, Vol. 17 Issue 9, p9 

    The article discusses the forecasts and views of the Business Monitor International Ltd. (BMI) on the inflation rate of consumer prices in Slovakia. It states that BMI believes that the general trend of the inflation rate in consumer prices in Slovakia will increase. However, it stress that it...

  • Robust Growth Still Priority.  // Asia Monitor: South East Asia Monitor Volume 2;May2010, Vol. 21 Issue 5, p6 

    The article forecasts the economic condition in Indonesia in 2010, which focuses on the inflation rates. According to the Business Monitor International Ltd., the consumer price inflation of the country will experience a mild uptick in consumer price inflation due to the rising food prices. As...


Read the Article


Sign out of this library

Other Topics