(VOVworld) – The State Bank of Vietnam said Vietnam targets an increase of 16-18% in liquidity and 13-15% credit growth in 2015.

Bank Governor Nguyen Van Binh said flexible and cautious monetary policies have helped to stabilize the macro-economy and control inflation. Addressing a meeting to discuss the banking sector’s plans for 2015, Vice President Nguyen Thi Doan said that the sector’s development is one of the decisive factors in national growth. She urged the sector to fulfill its development targets and consult the government on monetary policies to stabilize the macro-economy in the new year: “The banking sector should continue with flexible monetary policies to control inflation, manage risks, improve credit quality, and resolve bad debts.”

The Bank has set 8 tasks for the new year, which include restructuring credit organizations, increasing inspections and supervision, boosting inter-bank payments, fine-tuning monetary institutions, and reinforcing communications.