Tạp chí Công Thương - Các kết quả nghiên cứu

Article detail

Article detail description

Home
Tài chính - Ngân hàng - Bảo hiểm Issue:

Central bank response strategies to the Iran conflict: International experience and policy implications for Vietnam

Phạm Thị Lâm Anh: Học viện Ngân hàng;
doi:10.62831/nckh.2026.184.v1

Abstract

This study identifies and analyzes the strategic responses of major central banking systems to the geopolitical shock arising from the Iran conflict in 2026. Employing a qualitative research approach, the study synthesizes and compares policy statements and reports issued by major central banks, including the Federal Reserve, the European Central Bank, the Bank of Canada, and the Bank of England, as well as international organizations such as the International Monetary Fund and the Bank for International Settlements, during the February - March 2026 period. The findings reveal a clear divergence in policy responses among major economies. Drawing on international experience, the study proposes five comprehensive and coordinated solutions for the State Bank of Vietnam (SBV) to respond effectively to the impacts of the Iran conflict, thereby contributing to domestic macroeconomic stability.

Keywords
Iran conflict central bank monetary policy inflation state bank

References

1.
Ánh Tuyết (2026a). BSC dự báo ba kịch bản xung đột Trung Đông, có khả năng lãi suất điều hành tăng 0,25 - 1%. Thời báo tài chính Việt Nam, https://thoibaotaichinhvietnam.vn/bsc-du-bao-ba-kich-ban-xung-dot-trung-dong-co-kha-nang-lai-suat-dieu-hanh-tang-025-1-193495.html
2.
Ánh Tuyết (2026b). Hút ròng 240.000 tỷ đồng, ổn định tỷ giá, lãi suất liên ngân hàng vẫn "lặng sóng". Thời báo tài chính Việt Nam, https://thoibaotaichinhvietnam.vn/hut-rong-gan-240000-ty-dong-on-dinh-ty-gia-lai-suat-lien-ngan-hang-van-lang-song-194181.html
3.
Đoàn Hằng (2026). Phân tích tác động của xung đột Iran đến thị trường vốn Việt Nam. Tạp chí Thị trường tiền tệ, https://thitruongtaichinhtiente.vn/ap-luc-tu-xung-dot-tai-trung-dong-ty-gia-duoc-du-bao-van-giu-nhip-on-dinh-78080.html
4.
Kỳ Thành (2026). Kiểm soát lạm phát năm 2026: Nhận diện áp lực từ chi phí đẩy. Báo Đầu tư điện tử, https://baodautu.vn/kiem-soat-lam-phat-nam-2026-nhan-dien-ap-luc-tu-chi-phi-day-d241154.html
5.
Nguyễn Đức (2026). Điều hành chính sách tiền tệ trước các biến số kinh tế toàn cầu: Thách thức ổn định vĩ mô. Tạp chí Kinh tế và Dự báo, số cuối tháng 3/2026, https://kinhtevadubao.vn/dieu-hanh-chinh-sach-tien-te-truoc-cac-bien-so-kinh-te-toan-cau-thach-thuc-on-dinh-vi-mo-d28415.html
6.
T.H (2026). Điều hành chính sách tiền tệ với liều lượng hợp lý để ổn định vĩ mô. Tạp chí Thị trường Tài chính Tiền tệ, https://thitruongtaichinhtiente.vn/dieu-hanh-chinh-sach-tien-te-lay-on-dinh-vi-mo-lam-nen-tang-cho-tang-truong-ben-vung-80440.html
7.
Alexander W. Salter (2026). Central Banks Can't Stop Wars: The limits of monetary intervention in geopolitical crises. The Daily Economy, https://thedailyeconomy.org/article/central-banks-cant-stop-wars/
8.
Bank of Canada. (2026). Opening statement by Governor Tiff Macklem regarding the monetary policy decision. Bank of Canada, https://www.bankofcanada.ca/2026/03/opening-statement-060326/
9.
Central Bank of Ireland. (2026). What the (latest) Middle East conflict means for inflation, growth, and monetary policy in Europe. Central Bank of Ireland Economy Papers. https://www.centralbank.ie/news/article/blog-what-the-latest-middle-east-conflict-means
10.
European Central Bank. (2026). What the (latest) Middle East conflict means for inflation, growth, and monetary policy in Europe. Cental bank, https://www.centralbank.ie/news/article/blog-what-the-latest-middle-east-conflict-means
11.
Gerlach, S. (2026). War in Iran: How might central banks react? EFG International AG, https://www.efginternational.com/us/insights/2026/war_in_iran_how_might_central_banks_react.html
12.
IEA. (2026). Oil Market Report - March 2026. IEA, https://www.iea.org/reports/oil-market-report-march-2026
13.
IMF. (2025). World Economic Outlook: Navigating Global Divergences. International Monetary Fund, https://www.imf.org/en/Publications/WEO
14.
VinaCapital. (2026). VinaCapital Insights an update on the US Iran Wars Impact on Vietnam. VinaCapital Research, https://vinacapital.com/wp-content/uploads/2026/04/VinaCapital-Insights-An-Update-on-the-US-Iran-Wars-Impact-on-Vietnam.pdf.
15.
Whiffin, A. (2026). Why US and UK monetary policy responses to the Iran war differ. Financial times, https://www.ft.com/content/0eed00d2-8fa7-4320-86c4-71b7df657faf

Files

Lượt xem3104
Trích dẫn9
Section Tài chính - Ngân hàng - Bảo hiểm
Banner quảng cáo