state bank of vietnam alleviates market pressures

State Bank of Vietnam alleviates market pressures

The State Bank of Vietnam adjusted several operating interest rates last week, with the move deemed necessary in the context of a strong USD and increasing domestic pressure on interest rates and exchange rates.
mbbank app facilitates brand new split order automatically feature

MBBank App facilitates brand-new Split Order Automatically feature

With the fresh release of Split Order Automatically on the MBBank App, customers now have instant, limitless, and always-available online monetary transactions at their disposal.
us fed starts policy meeting with further rate hike expected

US Fed starts policy meeting with further rate hike expected

US central bankers started their two-day policy meeting Tuesday with persistently high inflation backing expectations of another rate hike -- a fourth straight steep increase as price pressures fail to ease quickly enough.
vndirect sign off syndication with foreign financial institutions

VNDIRECT sign off syndication with foreign financial institutions

VNDIRECT Securities Corporation has announced its enrollment into the $75 million offshore unsecured syndicated loan with the greenshoe option to increase the total limit up to $200 million from foreign financial institutions.
hiking deposit interest rates helps ensure capital mobilisation for economy

Hiking deposit interest rates helps ensure capital mobilisation for economy

Increasing deposit interest rates is in line with the general trend, ensuring liquidity safety and capital mobilisation for the economy, Deputy Governor of the State Bank of Vietnam (SBV) Pham Thanh Ha has said.
retail segment brightens bank profit picture

Retail segment brightens bank profit picture

Many banks have unveiled their third-quarter business results, showing a spike in their profits, leveraging well-conceived retail lending development strategy amid restricted credit line.
chairman of eurocham vietnam the sbvs efforts were commendable

Chairman of EuroCham Vietnam: The SBV's efforts were commendable

As exchange rate pressure grows when circumstances are unfavourable, the State Bank of Vietnam (SBV) has raised the operational interest rates by 100 basis points (1 per cent) before the November Fed meeting on October 24, according to a report recently provided by the SSI.
blockchain technology to revolutionise finance and banking sector

Blockchain technology to revolutionise finance and banking sector

Blockchain technology is expected to help Vietnam's finance and banking sector deliver a better customer experience and help traditional banking institutions compete with fintech startups.
previous financial crises thus far averted via stable moves

Previous financial crises thus far averted via stable moves

The increase of the central exchange rates and adjustment of the exchange rate band of the State Bank of Vietnam are suitable with the trends of other currencies at a lighter level.
non traditional approaches to monetary polices

Non-traditional approaches to monetary polices

Exchange rates and interest rates are being handled in a satisfactory manner, according to Dr. Truong Van Phuoc, a member of the Prime Minister’s Economic Advisory Group and former acting chairman of the National Financial Supervisory Commission. He talked to VIR’s Hong Dung about the State Bank of Vietnam’s recent moves on interest rates and exchange rates.
uncovering potential effects of usds trajectory on vietnamese currency

Uncovering potential effects of USD’s trajectory on Vietnamese currency

A stronger US dollar is prompting a flight to safety, and investors might be looking for a safe harbour in US-denominated equities. Brook Taylor, CEO of VinaCapital Asset Management, discussed with VIR’s Luu Huong how the State Bank of Vietnam’s latest initiatives on the exchange rate could impact foreign funds into Vietnam.
the state bank of vietnam adjusts operating interest rates

The State Bank of Vietnam adjusts operating interest rates

In an effort to continue implementing synchronous measures to control inflation, stabilise the macro-economy, and ensure the safety of the banking system, the State Bank of Vietnam (SBV) has just issued a number of decisions to adjust interest rates that take effect from October 25.
adb leads 135 million climate financing package for vinfast

ADB leads $135 million climate financing package for VinFast

The Asian Development Bank (ADB) mobilised a $135 million climate financing package for VinFast Trading and Production JSC (VinFast) for manufacturing Vietnam's first fully-electric public transport bus fleet and first national electric vehicle charging network.
standard chartered vietnam offers unique experience to clients

Standard Chartered Vietnam offers unique experience to clients

Standard Chartered Vietnam today presented the grand prize – a life-time trip to Anfield stadium, home of Liverpool Football Club in the United Kingdom, to the winners of the second season of its “Bank more, Score more” campaign.
improving liquidity and resilience for local banks

Improving liquidity and resilience for local banks

Liquidity in the banking system is under significant pressure amid rising interest rates, which is forcing banks to effectively mobilise capital.