Economist Nguyễn Xuân Thành, a lecturer at the Fulbright School of Public Policy and Management, said as the US Federal Reserve (Fed) and many central banks had entered a cycle of cutting interest rates, Việt Nam would continue to maintain a loose monetary policy to support growth next year. He expects the State Bank of Vietnam (SBV) will cut its policy interest rate by 0.7 percentage points next year.
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