This study investigates how Vietnamese commercial banks respond to countercyclical monetary policy. At first glance, the empirical findings suggest the asymmetrical response of Vietnamese commercial banks to countercyclical monetary policy to be competitive and monetary authority successfully...

Asymmetries in the Vietnamese lending central bank's policy-related rate spread were documented. Empirical results revealed that the spread adjusts to the threshold faster when the central bank's policy-related rates decrease relative to the lending rates than when the central bank's...