08-11-2023 16:11
The US Department of the Treasury has continued not to list Vietnam as a currency manipulator in its latest semi-annual report on the macro-economic and foreign exchange policies of major trading partners of the US, the State Bank of Vietnam (SBV) said on November 8.
31-10-2023 10:08
Pivotal changes are upcoming in Vietnam’s financial market, with mandated credit ratings for specific corporate bonds from 2024 to boost transparency and diversify investments.
27-10-2023 09:21
Industry 4.0 is having a profound impact, reshaping not just economies, but the very fabric of culture, politics, and society globally. A central figure in this transformation is data. Widely hailed as the new gold, its significance in the digital transition process is undeniable.
25-10-2023 17:39
Banks are hoping for positive developments to fill up the rest of the year after some performance dips so far in 2023.
24-10-2023 17:13
The State Bank of Vietnam (SBV) will continue to issue new bills to withdraw cash from the banking system as liquidity is abundant and interbank interest rates remain low, analysts forecast.
23-10-2023 16:54
As the governance of the monetary policy has to concurrently guarantee multiple targets, including reducing interest rates, expanding credit, stabilising foreign exchange rates, and ensuring credit institutions’ safety, thorough consideration is needed before any steps are taken, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.
20-10-2023 08:00
Deputy Prime Minister Le Minh Khai has urged drastic measures to lift Vietnam out of the Financial Action Task Force (FATF)’s list of Jurisdictions under Increased Monitoring (grey list) within two years.
18-10-2023 16:53
At the meeting conference between the prime minister and foreign investors on October 17, Pham Thanh Ha, Deputy Governor of the State Bank of Vietnam (SBV), gave a warm welcome to foreign investors as they stood ready to address the challenges faced by underperforming Vietnamese banks.
17-10-2023 15:00
Prominent Vietnamese banks are making calculated moves to acquire struggling counterparts, signalling a broader restructure of Vietnam’s banking system.
17-10-2023 08:00
Exchange rate pressures will hinder the declining trend of interest rates in the near future, though when compared to other economies, the devaluation of the VND remains under control.
10-10-2023 10:42
Vietnamese banks are amplifying green financing efforts amid robust government backing, navigating both advancements and industry issues.
04-10-2023 15:00
Vietnam is working to implement anti-money laundering regulations within the crypto sector amid a global rise in digital assets.
04-10-2023 11:38
Vietnam is swiftly revolutionising its financial sector by phasing out outdated card technologies, embracing non-cash solutions, and enacting laws to enhance security.
29-09-2023 10:41
The State Bank of Vietnam is monitoring and taking action to moderate exchange rate movements in the face of weakening regional currencies.
28-09-2023 13:00
Vietnam’s corporate bond market is set for a transformative leap with the entrance of a new credit rating agency, paving the way for renewed confidence and alignment with global standards.