Amid the worry about weak capital flow from overseas as the US FED may continue raising prime interest rate, domestic capital will be considered the major ‘fuel’ for the stock market in 2017. Amid the worry about weak capital flow from overseas as the US FED may continue raising prime interest rate, domestic capital will be considered the major ‘fuel’ for the stock market in 2017. The government’s targets for money supply and credit growth in 2017 seem to be the same as 2016. However, it is more cautious setting the credit growth rate target of 18 percent for 2017, lower than the 18-20 percent growth rate target for 2016. If compared with previous years, the average M2 and credit growth rates in 2006-2011 were 1.5-2 times higher than that in 2011-2016.
Source: VietNamNet News February 06, 2017 07:41 UTC