(VOVworld) – Deputy Prime Minister Vu Van Ninh said Vietnam’s economic achievements were the results of the Party and State’s policy switch from rapid growth to macro-economic stabilization, inflation control and growth model changes. He told a review meeting of the banking sector on Friday that the State Bank’s monetary management still faces short term difficulties next year due to low inflation pressure, crude oil price changes and domestic competitiveness. He urged the State Bank to continue with its flexible monetary policy to ensure macro stability. Credit growth should be promoted to fuel production and economic restructuring.
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