22-09-2024 09:00
The state budget has experienced a surplus so far this year, driven by an increase in revenue from export and import activities, rather than crude oil.
20-09-2024 16:38
The bumper 50 basis points (bps) interest rate cut announced by the US Federal Reserve at its September meeting may increase the likelihood and pressures of the State Bank of Vietnam (SBV) considering similar policy easing.
19-09-2024 22:00
Investors have increased their bets on a strong interest rate cut by the US Federal Reserve next week. Trinh Ha, a financial market analyst from Exness Investment Bank, explained more to VIR’s Phuong Thu about the rate cute scenario and its impact on the Vietnamese markets.
19-09-2024 15:21
The banking sector is sharing the burden with businesses by reducing interest rates on existing loans and providing unsecured credit for new ones to help those affected by Typhoon Yagi.
17-09-2024 17:30
Commercial banks must provide information on accounts that show possible signs of fraud, swindling, or law violations at the State Bank of Vietnam (SBV) 's request every month.
16-09-2024 12:22
Banks are developing favourable credit schemes for the manufacturing and business sectors, while relaxing lending standards across all customer groups and the majority of loan sectors in the last quarter of the year.
11-09-2024 14:35
The State Bank of Vietnam (SBV) has instructed credit institutions to consider offering interest rate reductions, debt restructuring, and new lending support for borrowers impacted by Typhoon Yagi.
10-09-2024 10:33
The State Bank of Vietnam’s efforts to lower interbank interest rates and increase credit limits for banks will provide additional momentum for growth, with economic recovery pace being crucial to sustaining credit demand.
06-09-2024 10:01
Credit growth rebounded in August after July's slowdown, but it remained uneven, with Hanoi's rate nearly triple that of Ho Chi Minh City.
04-09-2024 08:00
Vietnamese banks are increasingly shifting their focus from retail lending to corporate clients, driven by concerns over rising bad debts in the retail segment and heightened risk perceptions.
30-08-2024 10:33
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,224 VND/USD on August 30 up 4 VND from the previous day.
29-08-2024 17:33
The State Bank of Vietnam (SBV) has relaxed monetary measures in the context of sharp declines in the foreign exchange rate in recent days.
27-08-2024 09:08
The State Bank of Vietnam (SBV) is pushing all credit institutions to go green in terms of banking and credit.
27-08-2024 08:49
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,254 VND/USD on August 26, up 4 VND from the last working day of previous week (August 23).
23-08-2024 10:08
The State Bank of Vietnam and the Bank of Laos have jointly organised a conference to share experience in promoting the use of respective domestic currencies in bilateral trade and investment cooperation activities to prevent external risks.