more than 30 ton gold injected into market

More than 30 ton gold injected into market

In 31 gold auctions, the State Bank of Vietnam (SBV) has pumped 787,300 taels of gold, or 30.2 tons of gold, into the market.
most banks gold accounts to close

Most banks' gold accounts to close

Most banks have closed their gold accounts to meet the State Bank of Vietnam's deadline of June 30 this year.
sbv announces vnd70 trillion bad debt bailout package

SBV announces VND70 trillion bad debt bailout package

Vietnam Asset Management Company (VAMC) is expected to solve between VND40,000 (USD1.9 billion) and VND70,000 trillion (USD3.33 billion) in bad debts this year, said the State Bank of Vietnam Governor Nguyen Van Binh.
plan to set up asset management firm announced

Plan to set up asset management firm announced

The State Bank of Vietnam should set up an asset management company to help solve the bad debt problem of the banking system within this quarter, the government ruled in a recently released decree.
sbv vnd30 trillion for housing assistance loans

SBV: VND30 trillion for housing assistance loans

The State Bank of Vietnam (SBV) has announced it is making VND30 trillion ($1.44 trillion) available to five commercial banks to offer soft loans to home buyers and property developers in an attempt to stimulate the property market and resolve bad debts.
wb helps vietnam improve competitiveness and education

WB helps Vietnam improve competitiveness and education

The State Bank of Vietnam and the World Bank in Vietnam have signed three credit agreements, worth a total of $ 400 million, to help Vietnam with economic management reforms for higher productivity and competitiveness, to support the implementation of the Higher Education Reform Agenda, and to raise school readiness for 5 year old children.
monopoly on gold imports under new decree necessary cbank

Monopoly on gold imports under new decree necessary: cbank

The State Bank of Vietnam (SBV) has reconfirmed that its recent decree on gold management policies help the local gold market operate in a more sustainable manner than before.
state bank urged to slow down bad debt settlement

State Bank urged to slow down bad debt settlement

Economists and banking leaders have proposed that the State Bank of Vietnam (SBV) delay the deadline to deal with bad debts to improve the access to capital for firms.
sbv chief shifts view in defending gold management policies

SBV chief shifts view in defending gold management policies

People blame the central bank for letting the local gold price rise ever higher in comparison to its international counterpart, as they have misunderstood the central bank’s gold management policies, said the governor of the State Bank of Vietnam.
vietnam attends adbs 2013 annual meeting

Vietnam attends ADB’s 2013 annual meeting

A Vietnamese delegation led by Dao Minh Tu, Deputy Governor of the State Bank of Vietnam, is attending the 46th Annual Meeting of the Board of Governors of the Asia Bank for Development (ADB), which is underway in New Delhi, India from May 2-5.
central bank to stabilise gold market

Central bank to stabilise gold market

The primary goal of the State Bank of Vietnam is to control the domestic gold market to stop price manipulation, Governor Nguyen Van Binh has said.
smuggled gold sneaking onto local market

Smuggled gold sneaking onto local market

More smuggled gold has been launched onto the local market due to the widening gap between local and global gold prices in recent times, heard a meeting between the HCMC branch of the State Bank of Vietnam (SBV) and related agencies in the city on Monday.
cbank says gold bidding not to stabilize prices

Cbank says gold bidding not to stabilize prices

Bidding gold bullion is not a move intended to stabilize domestic gold prices, Deputy Governor of the State Bank of Vietnam Le Minh Hung told reporters at a government regular briefing in Hanoi on Friday.
wb helps vietnam realise safe water programme

WB helps Vietnam realise safe water programme

A $200 million credit to help improve safe water supply and sanitation in the Red River delta was signed by the World Bank (WB) in Vietnam and the State Bank of Vietnam in Hanoi on February 22.
sbv to auction gold until gap narrows

SBV to auction gold until gap narrows

The State Bank of Vietnam (SBV) will sell gold until banks no longer need the precious metal with the hope that the gap between local and global gold prices will narrow, stated a senior source from the central bank.