Credit growth cap strategy on the cards
October 16, 2024 | 14:52
The State Bank of Vietnam last week signalled its ambition to explore a roadmap to lift credit growth caps, potentially allowing commercial banks greater flexibility in their lending activities.
HDBank and Proparco credit financing tops $100 million
September 26, 2024 | 10:58
HDBank has strengthened its existing collaboration with Proparco by securing a new credit facility of $50 million towards its sustainable development targets.
Credit over-reliance creating imbalance and stagnation
September 10, 2024 | 09:47
Vietnam’s capital markets are underperforming, with excessive reliance on bank credit and stagnant growth in corporate bonds and insurance, highlighting the urgent need for regulatory reforms and diversified funding channels.
Policies could pump in more credit in H2
August 15, 2024 | 10:35
Economic growth outlook for the last six months of the year and the influence of international geo-political developments prompt Vietnam to continue maintaining its monetary policy in a flexible manner to reduce lending rates for businesses.
Banks remain wary of low credit growth
June 24, 2024 | 19:00
Overall weak credit demand in the market, with consumption growth still sluggish, is causing banks that do not meet their credit growth targets to have quotas proactively transferred by the State Bank of Vietnam (SBV) to banks with better capabilities.
Measures taken to stabilise foreign exchange market: SBV Governor
May 30, 2024 | 10:18
Hanoi - Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong on May 29 said that the central bank is closely following market moves and implementing measures to stabilse exchange rates and foreign exchange market as the Government has directed.
Regaining trust essential to bolster growth of credit
March 26, 2024 | 10:00
Some banks are at times reluctant to lend, regardless of their financial standing. Tran Ngoc Bau, CEO of WiGroup, a major provider of economic data and fintech solutions, talked to VIR’s Nhue Man about credit bottlenecks in the current context and how to boost credit growth in a healthy manner.
Credit quality rise heads up business help
March 18, 2024 | 14:54
Low growth in credit in the economy has prompted the government to continue taking drastic action in favour of enterprises who are struggling with access to capital.
Credit risks can be erased with fresh law
March 18, 2024 | 12:08
Vietnam’s National Assembly has passed the Law on Credit Institutions, reflecting shifts in developments in green growth, heightened market risks, and recent legal violations in finance and real estate.
More solid guarantees crucial for credit landscape
March 18, 2024 | 09:00
Economist Nguyen Tri Hieu talked with VIR’s Nhue Man about the factors behind the current credit environment in Vietnam, the motivation to fuel total aggregate demand, and how to boost credit growth.
PM urges further rate cuts, improved credit access to remove obstacles, promote growth
March 15, 2024 | 11:47
Prime Minister Phạm Minh Chính chairs the meeting to implement monetary policy management tasks in 2024, which focuses on removing difficulties for production and business to promote growth and ensure macroeconomic stability.
Safeguards to be met with credit reform
January 30, 2024 | 15:29
Vietnam’s new banking reform regulations introduces stringent ownership limits for individual and organisational shareholders in credit institutions to mitigate risks associated with cross-ownership and enhance financial stability.
Ho Chi Minh City needs to start carbon credit market quickly
January 25, 2024 | 16:43
Ho Chi Minh City has a great opportunity to reduce emissions and promote green growth.
Gaps closed thanks to credit law reforms
January 23, 2024 | 10:55
Vietnam’s revised Law on Credit Institutions introduces broad reforms aimed at enhancing banking sector governance, transparency, and efficiency.
Outstanding credit forecast to grow 14.2 per cent this year
January 15, 2024 | 15:59
Outstanding credit of the banking system is forecast to increase 4.4 per cent in the first quarter and 14.2 per cent in 2024, up 0.4 percentage point from the previous prediction of 13.8 per cent.
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