State Bank of Vietnam

New circular facilitates loan access: central bank

August 24, 2023 | 17:18

The State Bank of Vietnam (SBV) has said its new circular has enabled clients to better access credit loans, thus ensuring a fresh supply of capital for production and business.

Tight outlook with new offshore borrowing rules

July 25, 2023 | 11:22

On June 30, the State Bank of Vietnam (SBV), in an effort to address loopholes in previous regulations and offer a more comprehensive framework for non-government guaranteed offshore borrowing.

“Substandard” banks failing with cross-ownership norms

July 18, 2023 | 10:04

Amidst rising concerns over cross-ownership practices in Vietnam’s rapidly evolving banking sector, experts are calling for effective mechanisms to ensure the independence and competency of board members, stringent sanctions, and better regulations on ownership ratios to bolster corporate governance.

SBV Governor explains high lending rates, credit room management

June 01, 2023 | 17:17

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong provided explanations regarding the high lending rates and credit room management during a plenary session of the 15th National Assembly’s ongoing fifth meeting in Hanoi on June 1.

State Bank of Vietnam implements third round of interest rate cuts to boost economy

May 24, 2023 | 16:29

The State Bank of Vietnam (SBV) has just announced a series of interest rate reductions that will take effect from May 25.

Central bank issues policies to support businesses

May 08, 2023 | 16:13

The State Bank of Vietnam (SBV) has recently issued two circulars to support businesses and the real estate market in particular.

Central bank pushes for rule alignments

April 12, 2023 | 13:00

The State Bank of Vietnam last week sought amendments and supplements to rules relating to the purchase of shares in Vietnamese credit institutions by foreign investors.

BAC A BANK launches new pro-business initiative

March 10, 2023 | 21:29

In response to the direction of the SBV, BAC A BANK has implemented a credit incentive programme for short-term loans for businesses.

Exchange rate spike not deemed an imminent threat

March 01, 2023 | 10:00

The USD exchange rate on the morning of February 24 on the free market and banks both increased sharply compared to the previous session, exceeding the threshold of VND24,000.

Central bank not tighten real estate credit: Deputy Governor

February 08, 2023 | 16:30

The State Bank of Vietnam (SBV) has never issued any documents or statements ordering credit for real estate be tightened, Deputy Governor Dao Minh Tu said on February 8.

Central bank sets rules on transfer of money abroad for sponsorship, assistance purposes

January 31, 2023 | 11:14

The State Bank of Vietnam has issued new regulations on cases of purchasing, sending, and bringing foreign currencies abroad for sponsorship and assistance purposes of organisations.

Making growth greener

January 22, 2023 | 23:02

Completing the legal corridor is one of the important foundations to assist the flow of capital into green economic developments. Dao Minh Tu, Standing Deputy Governor of the State Bank of Vietnam, talked to VIR’s Hong Dung about the importance of green credits to economic recovery.