Patience favoured before action on USD deposit interest rates
March 29, 2023 | 15:00
Although foreign businesses have proposed a removal of the zero USD deposit interest rate, insiders say the central bank’s hands are currently tied.
Tech advancement to boost bank prospects
March 14, 2023 | 14:53
Only banks with a knack for technology may be willing to shift towards sustainable development in an efficient manner, industry leaders say.
Stable lenders to lead to interest in stocks
March 09, 2023 | 15:47
Identifying the risk factors of the banking system can open up prospects to invest in banking stocks this year, industry experts are saying, while banks themselves are urged to take provisioning activities into consideration.
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.
What Vietnam could learn from Singapore
February 22, 2023 | 10:00
A close partnership between Singapore and Vietnam will enable them to capitalise on the wealth of opportunities that digitalisation and sustainability offer.
Cash burden alleviation now called for
February 16, 2023 | 19:00
The domestic real estate market is starting to recover, but it would benefit from more governmental assistance, such as softer bank loans and credit.
Banks urged to reduce costs to cope with NIM drops
February 09, 2023 | 15:26
To ensure net interest margin (NIM), banks are often choosing to raise output interest rates for borrowers but reduce the ability to fulfill debt obligations, while the central bank has also requested cuts in admin and expenses.
Economists cautious on interest rate adjustments
January 16, 2023 | 15:59
As Vietnam’s government has raised its inflation target to 4.5 per cent for 2023, policymakers are required to maintain a cautious stance on monetary policy.
Lenders search for further credit room
January 12, 2023 | 11:36
As the gap widens among banks in terms of profit growth, on-year credit growth remains an important driver for banks, as it makes the largest contribution to pre-tax profit growth. Thus, banks are looking for an allocation of credit room this year.
Flexibility headlines finance for 2022
January 05, 2023 | 10:51
Interest rates, exchange rates, and credit growth were the focus of a volatile 2022, and more complexities are forecast for the following 12 months.
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