Banks warned about risks of real estate corporate bonds
August 27, 2019 | 09:36
The State Bank of Viet Nam (SBV) has instructed local banks to better control risks in corporate bond investment, especially bonds of real estate firms.
Work needed on non-cash payments for public services
August 25, 2019 | 11:07
Governor of the State Bank of Viet Nam (SBV) Le Minh Hung has asked relevant agencies to help implement non-cash payments for public services, including tax, electricity, water, hospital and education fees.
Banks keen on green projects
August 13, 2019 | 09:30
Green credit is a trend in the global banking and finance industry and more Vietnamese banks are following suit.
Central bank to keep monetary policy on hold through 2019
July 10, 2019 | 14:42
The State Bank of Viet Nam (SBV) will hold its benchmark refinancing and discount rates at 6.25 per cent and 4.25 per cent, respectively, in addition to maintaining its 14 per cent credit growth target for the remainder of 2019, experts forecast.
New SBV regulation to help realty market grow sustainably
June 20, 2019 | 11:20
The State Bank of Viet Nam (SBV) has recently made public a draft circular on safety limits for banks and called for public comment on the proposed changes. The circular would tighten regulations on lending, especially in the high-end real estate segment.
CIC launches portal for borrowers
June 12, 2019 | 14:44
Through the portal, borrowers can easily choose credit packages and register loan needs at the appropriate credit institutions, saving travel costs and time when using banking services.
Banks may assess pollution risks before granting loans
June 07, 2019 | 09:09
Banks will assess environmental pollution risks when granting loans to projects in some industries, according to a State Bank of Viet Nam (SBV) draft regulation.
Online tax payment a boon to import-export businesses
June 06, 2019 | 14:00
Around 99 per cent of import and export tax payments in HCM City are made online, according to the customs department. Switching to online payment has reduced work for customs officers and helped businesses save time and cost.
Central bank enhances measures against loan sharks
June 05, 2019 | 12:38
Governor of the State Bank of Viet Nam (SBV) Le Minh Hung on Monday instructed agencies to rapidly research and propose new policies to enable the expansion and diversification of lending and bank services with the aim of fighting loan sharks.
SBV urges the use of State budget for banks’ capital hikes
May 03, 2019 | 15:52
The State Bank of Viet Nam (SBV) has continued to urge relevant ministries to revise legal frameworks in order to allow large State-owned commercial banks to use the State budget for their capital increases.
Central bank resumes net injection to ease liquidity pressure
April 08, 2019 | 10:09
The State Bank of Viet Nam has resumed open market operations for the first time since Tet (Lunar New Year) to improve liquidity in the banking system.
Central bank issues treasury bills for the first time in five months
March 22, 2019 | 15:55
Liquidity in the interbank market has been abundant, helping the State Bank of Viet Nam (SBV) resume the issuance of treasury bills after five months to withdraw Vietnamese dong from the banking system.
SBV to change reserve requirement policy
February 18, 2019 | 10:05
The State Bank of Viet Nam (SBV) is planning to change its policy on reserve requirement ratios for credit institutions and foreign banks’ branches for the first time since 2011.
Central bank resumes dollar purchases to build up foreign reserve
January 09, 2019 | 14:35
The State Bank of Viet Nam (SBV) has resumed the purchase of US dollars from commercial banks after a six month break thanks to favourable conditions in the country’s foreign exchange market.
Central bank’s exchange rate hits highest level in months
December 04, 2018 | 17:08
The central bank’s daily reference exchange rate of the US dollar against the Vietnamese dong has been adjusted up slightly in recent sessions, pushing it to the highest level since early this year.
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