Hanoi (VNA), Sept. 26 -- ADB Country Director Andrew Jeffries has talked to the Vietnam News Agency on the recent interest rate hike by the State Bank of Vietnam in the context of the Fed, ECB and a number of countries raising their rates to curb inflation.

"Another significant achievement in economic policy in Vietnam has been maintaining macro-economic stability," Jeffries said.

According to him, through the pandemic and also through the economic shocks of this year, including global inflation, fallout from the conflict in Ukraine and recession risks, Vietnam was successful in controlling inflation this year, despite enormous pressure from energy, commodity price surges from world economy.

He went on to say that monetary policy measu...