state bank of vietnam to lower interest rates if cpi up 14 per cent

State Bank of Vietnam to lower interest rates if CPI up 1.4 per cent

foreign capital inflows surge rapidly

Foreign capital inflows surge rapidly

mixed messages leave market uneasy

Mixed messages leave market uneasy

The State Bank of Vietnam has yet to give the market a clear view of its policy direction, leaving market players unsure whether the authority wants to further growth or lower inflation.
three banks raise charter capital

Three banks raise charter capital

The State Bank of Vietnam has approved the plans of three banks to raise their charter capital.
foreign borrowing sees new controls

Foreign borrowing sees new controls

The State Bank of Vietnam has spelled out the procedures local lenders are to follow if they wish to borrow funds from foreign financial institutions.
declining interbank rates suggest stronger liquidity

Declining interbank rates suggest stronger liquidity

Interbank interest rates declined by 0.45 – 2.47 percentage points last week, depending on loan terms, indicating more stable system liquidity after some weeks of tension, the State Bank of Vietnam announced earlier today.

Hanoi builders ordered to stop quoting in dollars

The State Bank of Vietnam here has ordered Ba Dinh Joint Stock company, a company of construction consultants, to stop insisting that payments for its apartments be made in US dollars.
state bank steps up fight against counterfeit money

State Bank steps up fight against counterfeit money

The State Bank of Vietnam has approved a $500,000 project with measures to prevent counterfeit money from circulating in banks and state treasuries.
credit growth targeted at 23 per cent

Credit growth targeted at 23 per cent

Credit growth should fall to 23 per cent next year, the State Bank of Vietnam announced yesterday, setting a more cautious policy than was pursued this year, when growth in commercial bank lending neared 28 per cent.
exposure brings state owned banks under scrutiny

Exposure brings state-owned banks under scrutiny

The State Bank of Vietnam yesterday ordered five major state-owned commercial banks to make comprehensive reports on their business operations during 2008-10. The banks subject to the order are the Bank for Investment and Development of Vietnam (BIDV), Agribank, Mekong Housing Bank, Vietcombank, and Vietinbank.
wb funds vns higher education development

WB funds VN’s higher education development

The State Bank of Vietnam (SBV) and the World Bank (WB) on December 16 in Hanoi signed a financing agreement and related legal documents for the Higher Education Development Policy Credit valued at $50 million - the second operation in a programmatic series of three credits.
deadline for banks to raise capital pushed back a year

Deadline for banks to raise capital pushed back a year

Prime Minister Nguyen Tan Dung has accepted a proposal from the State Bank of Vietnam to extend the deadline for banks to raise their chartered capital to VND3 trillion ($150 million) by one year to December 31, 2011, said the bank on December 14.
bank sector joins in to stabilise prices

Bank sector joins in to stabilise prices

The State Bank of Vietnam’s Governor Nguyen Van Giau, on Wednesday ordered that all the bank’s branches follow Prime Minister Nguyen Tan Dung’s instructions. That is to stabilise prices during the upcoming Tet holidays.
big surges in foreign currency and overseas remittance

Big surges in foreign currency and overseas remittance

Vietnam has witnessed sudden surges in foreign indirect investment (FII) and overseas remittance, according to the State Bank of Vietnam (SBV).
central banks of vietnam and malaysia agree to co operate

Central banks of Vietnam and Malaysia agree to co-operate

A memorandum of understanding (MoU) for co-operation between the State Bank of Vietnam (SBV) and the central bank of Malaysia, Bank Negara Malaysia, was signed in Hanoi on December 4.