Governor Nguyen Van Binh of the State Bank of Vietnam (SBV) had a meeting with Vietnam Young Entrepreneurs Association (VYEA) in Hanoi on February 26.
At the meeting, SBV Governor Nguyen Van Binh highly appreciated the pioneering role of Vietnam young entrepreneurs and expressed his hope that the VYEA will continue operating effectively, thereby contributing to the socio-economic development. Moreover, he briefed the guests of the SBV’s orientation of monetary policy management in the coming time. He added that the SBV will maintain current interest rate and try cutting interest rates for the medium and long term loans by 1-1.5 percentage point p.a if possible in order to support the investment in production of enterprises, especially high – tech enterprises to improve the efficiency of production and business. He also encouraged the VYEA to recommend new credit programs.
On behalf of the VYEA, Mr. Bui Van Quan, Chairman of the VYEA, expressed his sincere thanks to the Governor for his sharing information and supporting enterprises to overcome difficulty. He also hoped that the SBV will conduct many appropriate programs and policies to help young entrepreneurs in particular and enterprise community in general to develop stably.
Diem Hang