Hanoi (VNA), March 14 -- Prime Minister Pham Minh Chinh on March 14 chaired a conference launching this year's monetary policy-related tasks to tackle production and business obstacles, facilitate growth, and maintain macro-economic stability .

The State Bank of Vietnam (SBV) reported that credit last year grew 13.78% from the end of 2022. Due to the Lunar New Year holiday and the economy's limited capital absorption, credit pumped into the economy as of February 29 this year fell 0.72% from the end of 2023.

However, the decline in February slowed down compared to January's, the central bank noted, adding that with abundant liquidity and much room for credit growth, credit institutions have favourable conditions to supply capital for th...