Directive No. 04/CT-NHNN dated November 04, 2010 of the State Bank of Vietnam on implementation of monetary, credit and banking solutions, making contribution to stabilizing price and macro-economics

During the past 10 months of 2010, the management to monetary policy and activities of banks system has made contribution to ensuring big balances of the economy, macro-economics has been improved, the economy has been recovered and of which growth rate was rather high, better ensuring social security; monetary, foreign currency market was basically stabilized; growth speed of mobilized and credit capital was correspondent with the target ratio; ensuring the system's security. However, recently consumer price index has increased rather high; monetary and foreign currency market has not been stabilized firmly; growth ratio of total payment means and credit is likely to be higher than the target ratio.