Vietnam’s central bank will continue to ease its monetary policy to support businesses and economic growth. Despite cutting policy rates four times this year, the Deputy Governor stated that there’s limited room for additional rate cuts, as further reductions could weaken the Vietnamese dong. The bank aims to manage a balance between interest rates and the dong’s exchange rate and will continue to pump liquidity into the market to enable commercial lending at low-interest rates. Currently, the average lending rate at banks stands between 7.9% and 9.4%.