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Search Results: 787 results for keyword "State Bank of Vietnam".
Forex market under significant pressure
03-04-2024 15:08
Large fluctuations in the forex market in the early months of this year have been contributed to several internal factors. Economic experts believe that measures so far have been insufficient, and market-driven interest rates are forecasted to rise in the near future.
PM urges further rate cuts, improved credit access to remove obstacles, promote growth
15-03-2024 11:47
Prime Minister Phạm Minh Chính chairs the meeting to implement monetary policy management tasks in 2024, which focuses on removing difficulties for production and business to promote growth and ensure macroeconomic stability.
PM urges enhancing credit access, absorption to fuel growth
15-03-2024 09:50
Prime Minister Pham Minh Chinh on March 14 chaired a conference launching this year’s monetary policy-related tasks to tackle production and business obstacles, facilitate growth, and maintain macro-economic stability.
Exchange rate sparks debate on volatility
12-03-2024 08:00
The State Bank of Vietnam’s central exchange rate adjustment has reignited conversations about potential volatility in the currency market.
Cashless payments surge by over 63 per cent
08-03-2024 15:16
Non-cash payment transactions increased by 63.3 per cent in volume and 41.45 per cent in value in January, compared to the same period last year, the State Bank of Vietnam (SBV) has announced.
SBV asked to keep interests low and financial access easier
07-03-2024 16:32
Prime Minister Pham Minh Chinh has tasked the State Bank of Vietnam (SBV) with leading and coordinating governmental ministries and agencies to keep interest rates low and financial access easier for businesses, according to Directive 18/CD-TTg signed on March 7.
USD rate pressures domestic landscape
06-03-2024 09:00
While exchange rates have undergone considerable volatility, witnessing a surge which positively influences import-export activities, the domestic scene faces renewed pressure, attributed to the VND-USD interest rate being at negative levels.
SBV injects large amount of money to support capital for banks
22-02-2024 10:20
The State Bank of Vietnam (SBV) on February 20 net injected more than 5 trillion VND (nearly 204 million USD) into the banking system through the open market operation (OMO) channel to support capital for commercial banks.
PM instructs action for stock market upgrade
19-02-2024 11:45
Prime Minister Pham Minh Chinh has instructed the Ministry of Finance, State Bank of Vietnam and the Ministry of Planning and Investment to address obstacles in relevant sectors for upgrading the stock market from frontier to emerging status.
Multi-pronged approach to fortify monetary policy
10-02-2024 22:32
It has been a period of heightened global economic tribulations, with Vietnam facing its share. State Bank of Vietnam Deputy Governor Dao Minh Tu spoke with VIR’s Hong Dung about its initiatives to enhance bank capital access for businesses and individuals, and catalysing economic recovery.
Safeguards to be met with credit reform
30-01-2024 15:29
Vietnam’s new banking reform regulations introduces stringent ownership limits for individual and organisational shareholders in credit institutions to mitigate risks associated with cross-ownership and enhance financial stability.
Gaps closed thanks to credit law reforms
23-01-2024 10:55
Vietnam’s revised Law on Credit Institutions introduces broad reforms aimed at enhancing banking sector governance, transparency, and efficiency.
Banks get go-ahead for capital increases
18-01-2024 14:00
Many banks in Vietnam have received approval for substantial capital hikes, signalling a strategic effort to fortify the financial sector and enhance several essential ratios.
Lenders to benefit from refinements
18-01-2024 10:05
A new strategic regulatory reform by Vietnam’s central bank aims to balance risk management with robust credit expansion, particularly in sectors pivotal to the country’s economic growth.
A different approach for monetary policy adjustments
18-01-2024 09:59
Data from the State Bank of Vietnam showed that after a 5.5 per cent increase in money supply in 2022, there was a 13 per cent increase last year. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked to VIR’s Hong Dung about the current money supply and velocity.
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