04-07-2011 08:01
“But the beauty of a young market is you have an almost un-exploited land to discover.”
01-07-2011 10:47
Banks that trade in gold must establish separate companies with independent accounts, according to the Vietnam Gold Trading Association (VGTA).
30-06-2011 08:41
The Federal Reserve on Wednesday slashed the fees which banks charge for debit card transactions, but did not cut them as deeply as initially expected, handing a partial victory to Wall Street.
29-06-2011 18:01
Up to 200 realty-related industries , both in production and service, have been badly affected as banks are tightening lending for the real estate sector to meet the government’s requirement in limiting non-production loans.
28-06-2011 16:34
The State Bank of Vietnam has said big commercial banks have agreed to cut lending interest rates to 12 to 12.5 per cent per annum starting next month, newswire Vneconomy reported.
27-06-2011 08:00
Foreign banks’ January-April credit growth was 14.7 per cent, or more than double that of the banking system as a whole.
26-06-2011 13:11
The head of an influential German banking federation said Saturday that private banks would play a role in a new eurozone rescue package for Greece, a participation strongly backed by the German government.
24-06-2011 11:40
The US dollar-Vietnamese dong exchange rate is expected to hold steady to the end of this year, but ANZ and Standard Chartered banks anticipates a dong devaluation early next year.
23-06-2011 15:03
Banks are struggling in the current uncertain economic climate.
23-06-2011 14:04
People will continue to have the right to buy and sell gold bars but only at banks and authorised businesses, the State Bank of Vietnam (SBV) said in its final draft decree on the management of gold-trading activities.
23-06-2011 08:22
Local commercial banks are hoping to earn higher profits in the next two quarters of the year so that they can meet their annual pretax targets, but current market conditions make this a difficult task.
21-06-2011 19:27
Industry insiders expect banks’ interest rates to cool off from 2011’s third quarter.
21-06-2011 15:00
National Financial Supervisory Commission deputy head Le Xuan Nghia tells VIR why banks’ deposit rates continue to face tension on the back of easing inflation.
20-06-2011 08:00
Businesses could soon be forced to dig deeper to source bank loans.
17-06-2011 18:46
The State Bank of Vietnam (SBV) has requested commercial banks to strictly conform to regulations on VND deposit interest rates.