Citation:

Hoang Thanh Tung, Truong Thi Tuyet, Vo Thi Minh Anh. "Analysis of Vietnam's Monetary Policy During the Period 2016 – 2022" International Research Journal of Economics and Management Studies, Vol. 2, No. 4, pp. 112-123, 2023.

Abstract:

The article examines Vietnam's monetary policy during the period 2016 – 2022. The period 2016 - 2022 is a period of many changes in the domestic and world economy. Analyzing monetary policy plays an important role in managing and regulating macroeconomic indicators to ensure the goal of macroeconomic stability set by the National Assembly. Using qualitative research methods by analyzing and describing data collected from the State Bank of Vietnam, International Financial Statistics (IFS) and the General Statistics Office (GSO), the study analyzes the current State of Vietnam's monetary policy management, the current situation of applying monetary policy tools in the period 2016 - 2022. At the same time, the article points out the role of monetary policy in the current State of Vietnam's macroeconomy in the period 2016 - 2022 by analyzing the situation of (1) Investment, (2) Personal spending, (3) Government expenditure, (4) Net export turnover; prices and output through gross domestic product (GDP) and price index (CPI). Based on that basis, the research team proposes some policy implications for monetary policy management to ensure the goal of macroeconomic stability set by the National Assembly.

References:

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Keywords:

Monetary policy, Vietnam, period 2016 – 2022.