Vietnam will likely depend on raising interest rates and limiting credit to cool inflation, Goldman Sachs Group Inc. said, two days after the central bank abolished a cap on deposit rates and lifted its benchmark lending rate to the highest since it introduced the base rate in 1998. ``Vietnam is clearly at a crucial stage of its cyclical management for inflation control and ensuring a soft landing of the economy,'' Helen Qiao, Hong Kong-based Goldman economist said in a report...
Full story: Vietnam Business Finance: Viet Nam Set to Rely More on Higher Interest Rates, Goldman Says
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Vietnam Set to Rely More on Higher Interest Rates, Goldman Says
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