Fin Case

SOLUTION

1. Lower interest rates to reduce the dominance of the dollar

2. On 04/07/2007, the Prime Minister signed Decision No. 98/2007/QD-TTg approving the project Improving the Vietnamese currency conversion, overcoming the phenomenon of dollarization in the economy

3. Resolution number 11/NQ - CP on 24 May 02, 2011 On the solutions mainly to curb inflation, stabilize the macro economy and ensure social security. In particular, emphasize solutions implemented fiscal and monetary tightening, flexible and prudent administration of flexible exchange rates in accordance with market changes, business tightly controlled gold

4. U.S. dollar deposit interest rate cap was applied by the SBV at 3% / year;

5. SBV increased the required reserve ratio for foreign currency deposits by 2%.

6. Improve the legal effect of the regulations on foreign exchange management. Narrow proceed to remove the listing, pricing, foreign currency payment and foreign currency left phep.Xoa business off mode of payment in foreign currency in nuoc.Co measures to attract foreign currency floating in the system banking system hang.Xoa out the policy of causing psychological dollars. Performance targets for 2010

7. improve the legal effect of the regulations on foreign exchange management

8. Abolition of domestic payments in foreign currency

9. Measures to attract foreign currency floating in the banking system

10. Elimination of policies to induce dollars hoaViec people aggressively buying dollars