Vietnam Targets 23% Credit Growth and 7% Inflation

Vietnamn’s central bank has targeted a 23% growth in domestic banking credit for 2010, and wants to focus on manufacturing sectors while gradually reducing credit growth in non-manufacturing sectors.

The government’s Central Institute for Economic Management (CIEM) says  Vietnam aims to tame inflation to 7% for next year while the central bank strictly supervises credit growth — which was 38% in 2009 and about 27% this year.

More on Vietnam’s projected credit growth for 2010

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One response to “Vietnam Targets 23% Credit Growth and 7% Inflation

  1. Pingback: Tweets that mention Central bank targets 23% credit growth in 2011: Vietnamn’s central bank has targeted a 23% growth in domestic b... -- Topsy.com

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