26-10-2022 10:36
The increase of the central exchange rates and adjustment of the exchange rate band of the State Bank of Vietnam are suitable with the trends of other currencies at a lighter level.
26-10-2022 10:13
Exchange rates and interest rates are being handled in a satisfactory manner, according to Dr. Truong Van Phuoc, a member of the Prime Minister’s Economic Advisory Group and former acting chairman of the National Financial Supervisory Commission. He talked to VIR’s Hong Dung about the State Bank of Vietnam’s recent moves on interest rates and exchange rates.
26-10-2022 08:00
A stronger US dollar is prompting a flight to safety, and investors might be looking for a safe harbour in US-denominated equities. Brook Taylor, CEO of VinaCapital Asset Management, discussed with VIR’s Luu Huong how the State Bank of Vietnam’s latest initiatives on the exchange rate could impact foreign funds into Vietnam.
25-10-2022 09:24
In an effort to continue implementing synchronous measures to control inflation, stabilise the macro-economy, and ensure the safety of the banking system, the State Bank of Vietnam (SBV) has just issued a number of decisions to adjust interest rates that take effect from October 25.
20-10-2022 17:00
Liquidity in the banking system is under significant pressure amid rising interest rates, which is forcing banks to effectively mobilise capital.
17-10-2022 15:18
The State Bank of Vietnam (SBV) has decided to widen the USD/VND spot exchange rate band from +/-3% to +/-5%, effective from October 17.
16-10-2022 20:37
Prime Minister Pham Minh Chinh said the banking system plays the role as arteries of the economy while addressing a meeting with chairpersons and CEOs of commercial banks in Hanoi on October 16.
13-10-2022 08:00
The State Bank of Vietnam is attempting to stabilise lending rates while also mobilising credit institutions to continue reducing operating costs and support both individuals and businesses.
13-10-2022 08:00
Adverse fluctuations in the exchange rate and high USD interest rates could be detrimental to Vietnam’s exports next year, urging businesses to proactively respond to exchange rate issues in addition to the State Bank of Vietnam’s intervention.
12-10-2022 14:17
Selling foreign currency reserves in nominal terms will help calm the forex market in the face of volatile market swings driven by sentiment, say analysts.
12-10-2022 08:07
VIB has announced its results for the first nine months, with outstanding business performance, a strong balance sheet, well-maintained risk management and liquidity ratios, and the highest rating in the banking industry as decided by the State Bank of Vietnam.
07-10-2022 08:16
The State Bank of Vietnam (SBV) has officially adjusted the credit room for four banks in a bid to support weak credit institutions according to the government's policy.
06-10-2022 09:30
After the State Bank of Vietnam implemented the new operational interest rate on September 23, all joint-stock commercial banks, with the exception of state-owned ones, have adjusted the deposit interest rate for most terms.
06-10-2022 09:19
As the State Bank of Vietnam has raised interest rates to control inflation, economist Le Xuan Nghia spoke with VIR’s Hong Dung about the impact of the hike on the credit market.
04-10-2022 09:09
Businesses have faced difficulties in access to capital and commercial banks want to be able to lend freely to meet market demand. However, experts said the imposition of the credit growth cap is still necessary to keep the country’s macro economy stable in the short run.