Stable macroeconomy and controlled inflation help to create momentum for growth
Thursday, July 10,2025
AsemconnectVietnam - In the first 6 months of 2025, inflation was controlled below the target level, creating room to implement macro policies to promote economic growth in the second half of this year.
The average CPI in the first 6 months of 2025 increased by 3.27% over the same period last year; core inflation increased by 3.16%.
This result was achieved because the Government continued to operate monetary policy proactively, flexibly, promptly, effectively, closely coordinated, and harmoniously with fiscal policy and other macro policies, which are fundamental factors to maintain macro stability and promote economic growth.
Under pressure to loosen monetary policy, exchange rate fluctuations, and regular state budget expenditures increasing by 40.8% over the same period last year, the State Bank of Vietnam (SBV) flexibly conducted open market operations and credit management in line with market developments, the macroeconomic situation, and inflation, ensuring the economy's capital needs and the safety of credit institutions.
By the end of June 2025, the economy's credit growth reached 8.30%, 3.45 percentage points higher than the same period last year.
The State Bank of Vietnam continues to maintain the operating interest rate to facilitate credit institutions to access capital from the SBV at low cost to support the economy. The lending interest rate level continues to decrease.
CK
Source: VITIC/chinhphu.vn
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