Deputy Prime Minister Le Minh Khai addresses the government meeting on measures to improve businesses' access to credit capital and the economy's ability to absorb capital. (photo: VGP)

At the government meeting on Thursday, Mr. Khai elaborated on measures to improve businesses' access to credit capital and the economy's ability to absorb capital.

“Interest rate is a very important factor because if it is low, businesses can easily access it. But if it is too low, commercial banks cannot afford it. It can be said that the current interest rate no longer affects the foreign exchange market. It’s good if the interest rate can be further reduced. It’s necessary to advise the government on this very important decision,” said Mr. Khai.

The State Bank proposes four groups of solutions including stimulating investment, consumption, and economic growth drivers, developing different types of markets (corporate bonds, real estate), improving the capacity to absorb capital of businesses, and a group of solutions on currency, credit, and interest rate management.