growing bond market illustrating bad debt snags

Growing bond market illustrating bad debt snags

While the bad debt market in Vietnam is still in its infancy and positive conditions have converged, stronger steps need to be taken.
na chairman hue to visit australia new zealand

NA Chairman Hue to visit Australia, New Zealand

National Assembly Chairman Vuong Dinh Hue will pay official visits to Australia and New Zealand from November 30-December 6, announced the NA Foreign Relations Committee.
credit growth high amid hikes in ldr

Credit growth high amid hikes in LDR

Most of the listed commercial banks in the country recorded a sharp increase in the loan/deposit ratio (LDR) at the end of the third quarter of 2022 compared to last year.
gilimex industrial park construction kicks off

Gilimex Industrial Park construction kicks off

Thua Thien-Hue People's Committee and Gilimex Industrial Park JSC broke ground on the construction of Gilimex Industrial Park in the province’s Huong Thuy town on November 11.
sbv adjustments calm liquidity of currency

SBV adjustments calm liquidity of currency

While the problem of the VND’s liquidity has been stabilised, the economy is still facing challenges regarding macro-stability and exchange and interest rate pressure, according to financial experts.
central banks brace after new fed move

Central banks brace after new Fed move

Central banks across the globe have announced their recent rate hike in a bid to tame inflation, but market watchdogs predict that the tempo of rate rises is starting to slow down.
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.
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.
banks post uplifting results despite underlying risks

Banks post uplifting results despite underlying risks

Despite bullish business results in the first nine months of the year, many commercial banks in Vietnam are facing a risk of rising bad debts.
banking activities paying off through third quarter progress

Banking activities paying off through third-quarter progress

In contrast to previous years, it is possible that the official third-quarter profit for banks will climb faster than the fourth quarter, since credit will increase primarily in Q3 and decelerate afterwards.
investment opportunities arise in thua thien hue

Investment opportunities arise in Thua Thien-Hue

Vietnam’s central province of Thua Thien-Hue is taking action to pick up a possible new wave of investment. Nguyen Dai Vui, director of the provincial Department of Planning and Investment, talked to VIR’s Bich Thuy about future funding orientations and how to attract more economic interest in the province.
sbv shifts up interest rates to combat us fed adjustments

SBV shifts up interest rates to combat US Fed adjustments

After the State Bank of Vietnam implemented the new operational interest rate on September 23, all joint-stock commercial banks, with the exception of state-owned ones, have adjusted the deposit interest rate for most terms.
na leader requires accelerating ground clearance for long thanh airport project

NA leader requires accelerating ground clearance for Long Thanh airport project

National Assembly Chairman Vuong Dinh Hue has urged the southern province of Dong Nai to continue to cooperate with the management board of Long Thanh International Airport project and the Airports Corporation of Vietnam (ACV) to accelerate ground clearance work so that construction of the project can start as scheduled.
lenders contend with interest rates

Lenders contend with interest rates

Maintaining steady interest rates is set to be a challenge for Vietnam’s central bank amid unfavourable global events and domestic pressures.
president hosts top cambodian legislator during visit

President hosts top Cambodian legislator during visit

The Vietnamese President praised the results of the talks between Heng Samrin and Chairman of the Vietnamese National Assembly Vuong Dinh Hue on Monday.