CATEGORIES

© Copyright 2004; Hanoitimes - Economic and Urban Newspaper;

The tribune of Hanoi People’s Committee

Publication Permit: 29/GP-CBC

Editor - in - Chief: Nguyen Thanh Loi

Managing Editor: Ta Thu Giang

Email : thugiang@hanoitimes.vn

Head Office: 21 Huynh Thuc Khang Street, Dong Da District, Hanoi

Branch Office: 221 Tran Phu Street, Ha Dong District, Hanoi

WORDS ON THE STREET 70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Home / Economy / Banking & Finance
Finance Minister meets US federal bank chief
Vov/Hanoitimes 15:05, 2014/03/12
Finance Minister Dinh Tien Dung worked with the Chair of the US Federal Reserve Bank FED Janet Yellen on Vietnam’s macroeconomic situation and budget and fiscal management in 2013 and orientations for 2014.
The focus was also on reviewing bilateral relations and Trans-Pacific Partnership Agreement (TPP) negotiations.

Janet Yellen suggested Vietnam should set up an independent central bank to effectively evolve monetary policy, keep inflation in check, stabilize the macro-economy and to create community-based trust.

FED is an independent agency from the Government aiming to manage national monetary policy, supervise and regulate banking organizations, maintain the stability of the financial system and provide financial services for custodial and deposit organizations, the US Government and foreign organizations.

The US Department of the Treasury and FED maintain regular reciprocal consultations without interference in each other’s affairs. Dissent between FED and the treasury department is resolved harmoniously, Yellen said.

Comments
Other news
16:48, 2025/02/27
Local banks cut interest rates in response to PM’s request
The rate cuts come in response to the Prime Minister’s directive to inspect and review banks that have recently increased deposit rates.
15:51, 2025/02/24
Vietnam set to have digital banks within financial centers
Credit institutions headquartered in these financial centers will not be bound by restrictions on to foreign ownership or foreign investment conditions when providing services there or across borders.
14:30, 2025/02/15
Hanoi expands cashless parking pilot program
Hanoi is advancing its efforts to integrate technology into urban management by expanding the pilot program for cashless parking payments throughout the city.
16:58, 2025/02/11
Prime Minister urges banks to prioritize economic support over profits
One of the key priorities for the banking sector is to support small and medium-sized enterprises (SMEs), as they generate a large number of jobs and contribute significantly to the economy.
17:23, 2025/02/07
Vietnamese Gov’t forecasts CPI growth of up to 4.5% in 2025
With the goal of at least 8% GDP growth, the money supply in the economy will be significantly larger than in 2024. This will have an impact on price indices, particularly consumer prices.
17:51, 2025/01/07
Vietnam prioritizes agriculture and renewable energy for access to green loans
The move is part of the government’s effort to accelerate economic restructuring and build resilience to climate change while protecting the environment.