Vietnam watches international markets to ‘timely’ adjust rates 

Vietnam’s ministries are closely monitoring domestic and international markets to “timely” adjust interest rates, the country’s central bank Governor Nguyen Van Binh told lawmakers at the National Assembly in Hanoi Saturday.

Vietnam has room to cut policy rates and may lower the dong deposit rate cap if November’s monthly inflation rate is less than 1 percent, Binh told lawmakers Thursday.

November’s consumer prices rose 0.39 percent from October, according to data from the General Statistics Office released Friday.

Bloomberg, thanhniennews

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