reference exchange rate up 7 vnd on august 4

Reference exchange rate up 7 VND on August 4

The State Bank of Vietnam set the daily reference exchange rate at 23,214 VND per USD on August 4, up 7 VND from the previous day.
reference exchange down 5 vnd on july 28

Reference exchange down 5 VND on July 28

The State Bank of Vietnam set the daily reference exchange rate at 23,211 VND per USD on July 28, down 5 VND from the previous day.
reference exchange down 5 vnd at weeks beginning

Reference exchange down 5 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,216 VND per USD on July 27, down 5 VND from the last working day of the previous week (July 24).
central bank considers changing roadmap for ratio of short term funds for long term loans

Central bank considers changing roadmap for ratio of short-term funds for long-term loans

The State Bank of Vietnam was considering changing the roadmap for adjusting the ratio of short-term funds used for medium and long-term loans, with the aim that banks could lower lending costs and provide preferential rates to aid post-pandemic recovery.
more loans to enjoy restructured repayment periods

More loans to enjoy restructured repayment periods

The State Bank of Vietnam is drafting amendments to a circular that restructures repayment periods, waives and reduces interest rates and fees and maintains debt classification to support people affected by the COVID-19 pandemic to ensure more receive the support.
reference exchange rate revised down

Reference exchange rate revised down

The State Bank of Vietnam set the daily reference exchange rate at 23,216 VND per USD on July 14, down 4 VND from the previous day.
reference exchange rate up 4 vnd on july 13

Reference exchange rate up 4 VND on July 13

The State Bank of Vietnam set the daily reference exchange rate at 23,220 VND per USD on July 13, up 4 VND from the last working day of the previous week (July 10).
banks prepare to cushion slight rise in npls

Banks prepare to cushion slight rise in NPLs

Concerns are mounting about the resilience of the Vietnamese banking system amidst the COVID-19 outbreak as escalating soured debt and lower after-tax profits have put lenders in riskier positions.
sbv to ease credit growth for commercial banks in vietnam

SBV to ease credit growth for commercial banks in Vietnam

The State Bank of Vietnam (SBV) would loosen credit growth target for commercial banks in Vietnam to get the economy back on a solid footing.
zalo bank not licensed by sbv and moit

Zalo Bank not licensed by SBV and MoIT

The State Bank of Vietnam (SBV) and the Ministry of Industry and Trade have affirmed that they have not licensed Zalo Bank to provide online built-in financial services.
bank lending expected to get out of coronavirus doldrums soon

Bank lending expected to get out of coronavirus doldrums soon

Experts have forecast bank credit growth in the second quarter to reach 3.5-4 percent, much higher than the rate in the first quarter.
credit institutions must speed up restructuring to meet deadline

Credit institutions must speed up restructuring to meet deadline

Some credit institutions (CIs) that have not yet completed their restructuring roadmap will have to speed up the process to meet the State Bank of Vietnam (SBV)’s deadline this year.
vietnam plans to launch regulatory sandbox for fintech

Vietnam plans to launch regulatory sandbox for fintech

The State Bank of Vietnam (SBV) is mulling over a pilot regulatory sandbox for fintech – particularly fintech companies providing banking services from 2021.
reference exchange rate revised down 5 vnd

Reference exchange rate revised down 5 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,251 VND per USD on June 2, down 5 VND from the previous day.
reference exchange rate down 10 vnd on may 29

Reference exchange rate down 10 VND on May 29

The State Bank of Vietnam set the daily reference exchange rate at 23,261 VND per USD on May 29, down 10 VND from the previous day.