Economics
Moody's Cautions Vietnam Against Further Monetary Easing
- Easier policy risks undermining macroeconomic stability
- Rapid credit growth could pose risks to banks, Shah says
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Vietnam should be cautious against more monetary accommodation as it could pose risks to the economy and the banking sector, Moody’s Investors Service said.
“Given the government’s focus appears to be towards supporting headline growth, the State Bank of Vietnam may continue to pursue a neutral to accommodative policy stance,” Anushka Shah, Moody’s sovereign analyst in Singapore, said in a Jan. 26 emailed reply to questions.