extra credit room suggested for real estate sector

Extra credit room suggested for real estate sector

Real estate developers have suggested that the State Bank of Vietnam increases credit room soon to inject capital into the economy and create conditions for property businesses to restructure and develop this year.
interest rate pressures to remain for the foreseeable

Interest rate pressures to remain for the foreseeable

High interest rates are causing major issues for businesses, hindering cash flow for production and investment.
real estate developers propose solutions to avoid obstacles

Real estate developers propose solutions to avoid obstacles

More than 20 leading real estate enterprises have participated and given their recommendations at the Real Estate Credit Conference held by the State Bank of Vietnam on February 8, focusing on current hot issues such as access to capital, interest rates, and legal obstacles.
rising bad debt threat looms large

Rising bad debt threat looms large

Despite a bright business outlook, non-performing loans are causing significant concerns to banks amid a challenging environment in both the domestic and global market, according to industry experts.
sbv will continue providing capital for real estate sector

SBV will continue providing capital for real estate sector

Deputy Governor of the State Bank of Vietnam Dao Minh Tu has clarified that the bank has not restricted real estate loans, contrary to reports.
central bank not tighten real estate credit deputy governor

Central bank not tighten real estate credit: Deputy Governor

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

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

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

Making growth greener

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.
expanded credit probable for january

Expanded credit probable for January

The State Bank of Vietnam (SBV) will likely provide commercial banks with more credit room in January, according to economists.
real estate stability on top of sbv agenda

Real estate stability on top of SBV agenda

The State Bank of Vietnam is encouraging the lowering of real estate loan rates to assist enterprises in overcoming liquidity issues, a vital action that on its own will be insufficient to foster stable market development.
economists cautious on interest rate adjustments

Economists cautious on interest rate adjustments

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.
most important priority in 2023 to ensure liquidity

Most important priority in 2023 to ensure liquidity

Nguyen Thi Hong, Governor of the State Bank of Vietnam (SBV), affirmed that the highest priority of monetary policy in 2023 was to ensure liquidity and maintain the stability in the banking system.
developers seeking further support in approaching loans

Developers seeking further support in approaching loans

Many real estate businesses are concerned about the feasibility of approaching loans despite the State Bank of Vietnam increasing the credit room, simultaneously requiring commercial banks to reduce payable interest.
high risk sectors to face strict credit restrictions

High-risk sectors to face strict credit restrictions

The State Bank of Vietnam is requiring credit institutions and foreign bank branches to execute credit and interest rate policies properly, as per a new document.
malaysias public bank vietnam opens new branch in ho chi minh city

Malaysia’s Public Bank Vietnam opens new branch in Ho Chi Minh City

The State Bank of Vietnam (SBV) has just issued Document No.8930/NHNN-TTGSNH dated December 20, approving Public Vietnam Bank's eligibility to operate another branch in the country.