19-12-2018 14:13
After acquiring Techcom Finance in last March and receiving the operation license from the State Bank of Vietnam in September, Lotte Finance Company Limited (Lotte Finance) has been preparing, from products to its organisational structure, IT system, standard operation procedures, to launch its services on December 18, 2018.
29-11-2018 18:03
The Vietnam International Bank (VIB) has just received approval from the State Bank of Vietnam to apply capital adequacy ratio following Basel II standards.
05-11-2018 14:57
The State Bank of Vietnam adjusted the daily reference exchange rate down on November 5, setting the rate at 22,725 VND per USD, 2 VND lower than the rate on the last day of previous week (November 2).
19-10-2018 14:00
Vietnamese banks have reported positive third-quarter results for 2018, continuing on the recovery path and making it easier for them to seek foreign capital in the future.
09-10-2018 10:06
After long and thoughtful preparation, the State Bank of Vietnam (SBV) has released Circular No.13/2018/TT-NHNN covering a broad range of critical aspects of governance, risk management, internal control, ICAAP, and internal audit.
08-10-2018 09:18
The State Bank of Vietnam (SBV) will likely continue its tightened monetary policy in the remaining months of the year after its decision to strictly control lending to high risk sectors in the third quarter didn’t adversely affect the country’s economic growth, according to experts.
01-10-2018 15:08
The State Bank of Vietnam set the daily reference exchange rate on October 1 to 22,713 VND/USD, down 1 VND from the rate on the last day of previous week (September 28).
24-09-2018 17:17
The Governor of the State Bank of Vietnam (SBV) has issued a document requesting its branches in provinces and cities to improve the operation of financial companies, complying with the regulations and ensuring the legitimate interests of customers.
13-09-2018 15:02
The State Bank of Vietnam (SBV) will enhance the supervision on the country’s key payment systems, according to a newly-issued regulation of the SBV.
01-08-2018 09:27
The State Bank of Vietnam (SBV) could sell from US$4-10 billion to commercial banks this year to stabilise the foreign exchange market if necessary, HCM City Securities Corporation (HSC) forecast.
26-07-2018 08:57
Leading consulting firm KPMG recently organised talks in Hanoi and Ho Chi Minh City on the recent Circular No.13/2018/TT-NHNN, issued by the State Bank of Vietnam.
19-07-2018 18:25
The State Bank of Vietnam (SBV) said that it agreed with the proposal of the Ministry of Industry and Trade (MoIT) to suspend the import of cryptocurrency mining machines in a move to improve the management of currency transactions in the country.
09-07-2018 12:59
A majority of credit institutions in the country expect an upward trend in their business in the remaining months of the year, after making improvements in the first half of 2018, according to a survey released last week by the State Bank of Vietnam.
26-06-2018 10:09
The trial of Dang Thanh Binh, former deputy governor of the State Bank of Vietnam, who is charged with “lacking responsibility and causing serious consequences” began yesterday at the HCM City’s People’s Court.
26-06-2018 09:44
Healthy domestic banks should focus on improving the transparency in their audited financial statements to attract foreign investors as some banks have recently succeeded with the strategy, experts suggested.