reference exchange rate up 5 vnd on march 18

Reference exchange rate up 5 VND on March 18

The State Bank of Vietnam set the daily reference exchange rate at 23,232 VND per USD on March 18, up 5 VND from the previous day.
central bank cuts interest rates to buffer covid 19 impact

Central bank cuts interest rates to buffer COVID-19 impact

The State Bank of Vietnam (SBV) will cut its policy rates starting from March 17 in an attempt to support the economy which has been hurt by the COVID-19 outbreak.
central banks new relief measures to mitigate damage

Central bank’s new relief measures to mitigate damage

The State Bank of Vietnam might reduce policy rates coupled with credit packages, as relief measures to limit financial problems resulting from the COVID-19 outbreak.
reference exchange rate down 1 vnd on march 5

Reference exchange rate down 1 VND on March 5

The State Bank of Vietnam set the daily reference exchange rate at 23,203 VND per USD on March 5, down 1 VND from the previous day.
reference exchange rate down 5 vnd at weeks beginning

Reference exchange rate down 5 VND at week’s beginning

The State Bank of Vietnam set the daily reference exchange rate at 23,219 VND per USD on March 2, down 5 VND from the last working day of previous week (February 28).
reference exchange rate down 10 vnd on february 28

Reference exchange rate down 10 VND on February 28

The State Bank of Vietnam set the daily reference exchange rate at 23,224 VND per USD on February 28, down 10 VND from the previous day.
evfta lends newfound vigour to banking sector

EVFTA lends newfound vigour to banking sector

The ratified EU-Vietnam Free Trade Agreement is expected to bring a historic change in the Vietnamese banking sector, but also sets sizeable challenges for both foreign and local lenders before they can receive good returns on investment.
sbv orders banks to cut or delay interest payments to cushion economy

SBV orders banks to cut or delay interest payments to cushion economy

Commercial banks in Vietnam will likely cut or delay interest payments on loans in a bid to cushion the domestic economy against a global slowdown amplified by the wide-spreading coronavirus contagion, following directions from the State Bank of Vietnam. 
cyber threats slow down rise of cashless payments

Cyber threats slow down rise of cashless payments

Vietnamese lenders and fintech groups are catching up with international peers on kick-starting the economy and promoting cashless transactions in the face of the coronavirus outbreak, but greater advancement always comes with new risks.
reference exchange rate up 9 vnd on february 14

Reference exchange rate up 9 VND on February 14

The State Bank of Vietnam set the daily reference exchange rate at 23,215 VND/USD on February 14, up 9 VND from the previous day.
lenders pledging more support to businesses

Lenders pledging more support to businesses

Vietnamese lenders’ moves to cut rates are expected to support local businesses as the State Bank of Vietnam attempts to stimulate growth during the downturn. Luu Huong reports.  
sbv reneges on 49 per cent fol proposal for fintech companies

SBV reneges on 49 per cent FOL proposal for fintech companies

The State Bank of Vietnam (SBV) has reneged on its intentions to add a 49 per cent foreign ownership limit for payment intermediaries and fintech firms in the draft decree on non-cash payments.
banks join the fight against ncov

Banks join the fight against nCoV

The State Bank of Vietnam has directed banks to extend some leeway to customers impacted by the coronavirus outbreak by providing preferential interest, on-lending, or debt restructuring.
reference exchange rate up 5 vnd

Reference exchange rate up 5 VND

The State Bank of Vietnam set the daily reference exchange rate at 23,206 VND/USD on February 4, up 5 VND from the previous day.
reference exchange rate up 11 vnd on january 31

Reference exchange rate up 11 VND on January 31

The State Bank of Vietnam set the daily reference exchange rate at 23,196 VND/USD on January 31, up 11 VND from the previous day.