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Saigon Times, central bank to host banking forum next month

By Dung Nguyen

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HCMC – The Saigon Times Group, in collaboration with the State Bank of Vietnam (SBV), will hold a forum titled “Monetary policy in turbulent times”.

It is planned to take place at the International Convention Centre in Hanoi on May 10. The event is being held amid economic uncertainties continuing through the second half of 2023, fueled by a plunge in demand for Vietnam’s export goods, lower macroeconomic growth indicators, and the dormant corporate bond and real estate markets.

Given the success of the previous editions of the Vietnam Banking Forum, the upcoming forum is expected to bring together over 120 experts and representatives of the SBV, banks, securities firms and investment funds to discuss ways to enhance the effectiveness and flexibility of the nation’s monetary policy.

It is also aimed at seeking solutions to fight inflation, stabilize the macroeconomy and reduce interest rates to accelerate economic recovery.

The forum will comprise two sessions, with the first being a seminar on economic prospects in the second half of the year, expected exchange rates and inflation and policy recommendations.

The second will be a discussion session on improving policy effectiveness amid economic uncertainties between policymakers and players in the markets, experts and corporate representatives.

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