16-03-2011 17:52
Banks are urged to slash lending to non-production areas to help the government curb inflation.
15-03-2011 16:13
US dollar deposit rates are forecast by industry insiders to slip downward in the coming period.
15-03-2011 15:03
The State Bank of Vietnam has asked credit institutions licenced to provide foreign exchange services to sell foreign currencies in cash to citizens.
14-03-2011 15:00
The volume of US dollars flowing into commercial banks has increased following the crackdown on the black market.
12-03-2011 08:28
The State Bank of Vietnam issued a dispatch on March 10 to require all credit institutions to report on their capital mobilisation and gold lending.
10-03-2011 15:07
Banking authorities’ decision to keep 2011 outstanding loans growth of less than 20 per cent has triggered the need for banks to restructure lending activities.
07-03-2011 10:56
The banking authorities’ recent decision to keep credit growth at less than 20 per cent has triggered worries among local banks.
04-03-2011 17:35
Central banks are considering applying different credit growth requirements for different commercial banks, based on their scale.
04-03-2011 15:00
The State Bank of Vietnam issued Circular No 02/2011/TT-NHNN on March 3, capping interest rates that can be offered by commercial banks on dong deposits at no more than 14 per cent per year.
01-03-2011 17:05
Commercial banks have been ordered by the State Bank of Vietnam to report on the foreign currency deposits of 99 major State-owned enterprises by the end of this week.
28-02-2011 09:00
Several commercial banks set a confident earning target this year in spite of financial experts’ worries about a rough year for credit institutions.
25-02-2011 16:58
IBM Vietnam has become the first non-banking foreign firm to receive the Certificate of Excellence from the Governor of the State Bank of Vietnam (SBV) for its outstanding contributions to the country’ development of the banking industry.
21-02-2011 08:00
Foreign bank branches are raising their equity to fund foreign direct investment projects in Vietnam.
14-02-2011 08:00
In 2010, Vietnam’s economy witnessed a lot of bad news, including the Vinashin scandal, the over-inflation of the local currency, the super-inflation of consumer price index (CPI), the increase in gold and US dollar prices weakening the local currency, the gloomy securities markets and proposed bond issuances from large corporations.
31-01-2011 13:08
Last year, the domestic stock market did not promise much and many banks decided to defer their plans to list on the bourses.