sbv the only agency allowed to export gold

SBV - the only agency allowed to export gold

gold imports to stabilise market

Gold imports to stabilise market

The State Bank of Vietnam yesterday announced to allow companies to import five tonnes of gold bullion to stabilise the market and fight price manipulation and speculation.
state bank allows 5 tonne gold imports

State Bank allows 5-tonne gold imports

The State Bank of Vietnam announced Tuesday it allowed the import of five tonnes of gold as a rapid response to the country’s low supply and the world’s fast rising gold prices, and to stabilise the market.
central bank buys 48 billion government report

Central bank buys $4.8 billion: government report

The State Bank of Vietnam has purchased $4.8 billion since the beginning of the year, Governor Nguyen Van Giau has revealed.
six banks escape state bank of vietnam sanctions

Six banks escape State Bank of Vietnam sanctions

Six Ho Chi Minh City-based banks have narrowly escaped being sanctioned by the State Bank of Vietnam after managing to cut their outstanding loans to non-manufacturing sectors to 22 per cent by June 30, Ho Huu Hanh, director of the central bank’s city branch, said.
french bank buys 20 pct stake in ocb

French bank buys 20 pct stake in OCB

The State Bank of Vietnam has allowed the Orient Commercial Joint Stock Bank (OCB) to sell a 20 per cent stake to France’s BNP Paribas bank.
wb finances construction of trung son power plant

WB finances construction of Trung Son power plant

The State Bank of Vietnam and the World Bank on June 28 signed an agreement on loans to build the Trung Son hydroelectric power plant in the central province of Thanh Hoa.
lending interest rate to fall from july

Lending interest rate to fall from July

The State Bank of Vietnam has said big commercial banks have agreed to cut lending interest rates to 12 to 12.5 per cent per annum starting next month, newswire Vneconomy reported.
bank id deadline extended

Bank ID deadline extended

The State Bank of Vietnam has extended the deadline until the end of next year for bank card issuers to change their bank identification number (BIN).
state bank sets limits on gold trade

State Bank sets limits on gold trade

People will continue to have the right to buy and sell gold bars but only at banks and authorised businesses, the State Bank of Vietnam (SBV) said in its final draft decree on the management of gold-trading activities.
bill allows gold bar transaction

Bill allows gold bar transaction

The State Bank of Vietnam has finalised a draft regulation on gold bar trading, granting institutions and individuals eligibility to trade in this product, but with conditions.
central bank to crack down on interest rate abuses

Central bank to crack down on interest rate abuses

The State Bank of Vietnam (SBV) has requested commercial banks to strictly conform to regulations on VND deposit interest rates.
monetary policy on track for success

Monetary policy on track for success

Governor of the State Bank of Vietnam (SBV) Nguyen Van Giau has affirmed that national monetary policy was on the right track, with credit growth falling to 6.92 per cent in the first five months of the year.
usd saving interests cut to stabilise forex market

USD saving interests cut to stabilise forex market

A decision made by the State Bank of Vietnam on June 2 to cut the ceiling interest rates of deposits in the greenback is expected to promote bank savings in VND instead of USD.
state bank cuts dollar interest cap

State Bank cuts dollar interest cap

The State Bank of Vietnam (SBV) has slashed annual interest rate caps payable on US dollar deposits to 0.5 per cent for institutional depositors and 2 per cent for individual depositors.