(Corrects to delete extraneous word "the" in the first
paragraph, add missing word "bank" in paragraph 6.)
HANOI, Dec 5 (Reuters) - Vietnam will pay more attention to
its monetary policy as it is not only a domestic matter but a
concern for the country's big trade partners, a central bank
deputy governor said on Sunday, days after the U.S. Treasury's
semi-annual currency report https://www.reuters.com/business/finance/us-treasury-says-vietnam-taiwan-exceed-currency-thresholds-no-manipulator-labels-2021-12-03.
The U.S. Treasury report on Friday said that Vietnam
exceeded its trade surplus, current account and foreign exchange
intervention thresholds, but was "satisfied with progress made
by Vietnam to date" on addressing exchange-rate issues.
Speaking at an economic forum, Pham Thanh Ha, deputy central
bank governor, said the bank had taken the issues seriously and
its monetary policy towards them had been implemented
"We have to pay more attention to our monetary policy
implementation as it does not have impact on our domestic
economy but our big trade partners as well," Ha said.
"Vietnam will keep implementing monetary policy in a
cautious and flexible manner."
Ha also said the central bank bought about $25 billion worth
of dollars over the past two years to help inject dong into the
banking system and boost the economy.
If necessary, he said, the bank would have to implement
measures that would affect liquidity and market interest rates
amid rising inflation risks.
(Editing by Alex Richardson)