Unconventional Monetary Policy in Vietnam
Journal Title: Engineering and Technology Journal - Year 2025, Vol 10, Issue 02
Abstract
In The Context of Economic Integration and Increasing Financial Instability, The Application Of Unconventional Monetary policy (UMP) has become an essential approach for many central banks worldwide, including Vietnam. This study explores the theoretical foundation of unconventional monetary policy, its implementation in Vietnam, and its effectiveness in addressing economic challenges. Through case studies and data analysis, the paper evaluates key measures such as quantitative easing (QE), interest rate control, liquidity support programs, and yield curve control (YCC). Moreover, the paper highlights challenges and limitations in adopting UMP in Vietnam, particularly concerning financial market development and regulatory capacity. Finally, we propose policy recommendations to enhance the effectiveness of UMP in Vietnam’s evolving financial landscape.
Authors and Affiliations
Phan Thi Linh, PhD. , Nguyen Thi Thu Trang, PhD. , Nguyen Van Quang, MSc. , Nguyen Pham Thanh Long,
Keywords
Related Articles
- EP ID EP760011
- DOI 10.47191/etj/v10i02.23
- Views 23
- Downloads 0
THE UTILIZATION OF SAGO DUE WASTE AS AN ALTERNATIVE FUEL
Sago is a native plant of Indonesia, with an area of about 1.128 million ha or 51.3% of the world's sago area. Potential areas for producing sago (Metroxylon sp.) in Indonesia include Riau, South Sulawesi, Southeast Su...
Convective Heat Transfer from a Circular Tube with Variable Dimple Dimension
This paper provides an experimental study of forced convection heat transfer from water flow in a pipe that has a hemispherical dimple where the dimple is towards the inside of the pipe. The heat provided by the heating...
Aeroelastic Structural Analysis to Calculate Symmetrical Divergence Modes of an Aircraft Wing Using Aerodynamic Lifting Line Theory
This work explores the use of numerical matrix iteration to determine an aircraft wing's divergence speed using the aerodynamic span effects approach. The present work begins with the construction of equilibrium equation...
A SURVEY ON ROUTING PROTOCOLS FOR UNDERWATER WIRELESS SENSOR NETWORKS
Underwater Wireless Sensor Networks (UWSNs) has gained an increasing interest in the past few years from the research community. The harsh underwater environment makes it challenging to design and implement protocols esp...
EXPERIMENTAL STUDIES ON EFFECT OF MACHINING PARAMETERS ON BURR HEIGHT DURING END MILLING OF INCONEL 718 SUPER ALLOYS
Machining possibilities during End milling of Inconel 718 super alloy is verified using Taguchi design of experiments. In that the response burr height is measured under the three machining conditions such as rotational...