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Search Results: 837 results for keyword "State Bank of Vietnam".
Vietnamese take increasingly to cashless payments
29-05-2020 09:48
Non-cash payments have increased sharply, especially through mobile devices and the internet, according to the State Bank of Vietnam.
Reference exchange rate down 5 VND on May 22
22-05-2020 16:22
The State Bank of Vietnam set the daily reference exchange rate at 23,242 VND per USD on May 22, down 5 VND from the previous day.
Central bank bewildered by impossible credit goal triad
21-05-2020 14:00
The State Bank of Vietnam lowered its interest rates last week, joining the global easing bandwagon in a bid to cushion the economic fallout stemming from the pandemic.
Reference exchange rate up 2 VND at week’s beginning
18-05-2020 11:40
The State Bank of Vietnam set the daily reference exchange rate at 23,265 VND per USD on May 18, up 2 VND from the last working day of previous week.
SBV’s policy rate cut a positive sign for market, economy: experts
15-05-2020 10:20
The State Bank of Vietnam (SBV)’s interest rate cut is a positive sign for the market and economy, especially for businesses with loans, according to experts.
Landscape to shift through draft proposals for Law on Enterprises
15-05-2020 10:00
Under the current Law on Enterprises, all payments for capital transfer transactions as well as the receipt of dividends by foreign investors must be made through capital accounts opened by the investors at banks in Vietnam, except for payment by assets. As it stands, this regulation is not aligned with the latest foreign exchange regulations issued by the State Bank of Vietnam in June 2019, which allow for direct payments between two offshore investors.
Reference exchange rate continues to go up on May 15
15-05-2020 09:59
The State Bank of Vietnam set the daily reference exchange rate at 23,263 VND per USD on May 15, up 10 VND from the previous day.
SBV interest rate cuts to allay economic difficulties
14-05-2020 09:23
Interest rate cuts by the State Bank of Vietnam (SBV) and cost savings among credit institutions will pave the way for sustainable lending rate reductions, thus easing difficulties faced by businesses.
Central bank to cut benchmark interest rate
13-05-2020 09:17
The State Bank of Vietnam (SBV) will adjust its benchmark interest rates from May 13 in an attempt to support an economy hurt by the COVID-19 outbreak.
Credit declines in first half of April due to COVID-19 pandemic
22-04-2020 18:30
Low demand for capital due to COVID-19 has caused bank credit in the first half of April to drop 0.5 percent compared with the end of March, according to the State Bank of Vietnam (SBV).
Reference exchange rate up 8 VND on April 21
21-04-2020 13:57
The State Bank of Vietnam set the daily reference exchange rate at 23,246 VND per USD on April 21, up 8 VND from the previous day.
Reference exchange rate up 5 VND on April 17
17-04-2020 09:59
The State Bank of Vietnam set the daily reference exchange rate at 23,241 VND per USD on April 17, up 5 VND from the previous day.
Reference exchange rate up 9 VND on April 16
16-04-2020 11:19
The State Bank of Vietnam set the daily reference exchange rate at 23,236 VND per USD on April 16, up 9 VND from the previous day.
Agriculture out in the cold for credit
16-04-2020 08:00
The State Bank of Vietnam has directed the banking sector to develop a VND250 trillion ($10.87 billion) credit support programme to help companies hit by the COVID-19 pandemic. Despite the noble sentiment, the funds are largely out of reach for agricultural businesses.
Two foreign banks' representative offices have licences withdrawn
14-04-2020 16:28
The State Bank of Vietnam (SBV) issued the decision to withdraw the licences of the representative offices of two foreign-invested banks, namely Kookmin from South Korea and Commonwealth Bank of Australia on April 8 and April 10.
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