1 ngày trước
Given Vietnam’s economic characteristics, with one of the highest credit-to-GDP ratios globally, credit capital plays a crucial role in guiding and promoting business activities and socioeconomic development.
3 ngày trước
Deputy Governor of the State Bank of Vietnam Dao Minh Tu emphasised that increasing ESG implementations requires financial institutions to consistently comply with evolving regulations, demonstrating environmental and social responsibility while enhancing their credibility and transparency.
4 ngày trước
The Vietnamese banking sector recognises its role in leading environmental, social, and governance efforts, driving sustainable investment flows, and setting new standards for its clients.
12-11-2024 16:15
Loosening monetary policy and credit incentive packages are aimed at easing exchange rate pressures and supporting exporters during the festive period and year ahead.
07-11-2024 09:36
Amid rising non-performing loan ratios, banks face increased pressure to strengthen provisioning and expedite collateral recovery, all while grappling with significant losses from recent events.
07-11-2024 09:27
The fourth quarter is bringing soaring capital demand for production and housing, calling for timely preferential credit and rate cuts to empower businesses and citizens in driving consumption and robust growth
03-11-2024 14:47
Vietnam’s central bank remains steadfast in implementing a proactive yet cautious monetary policy, exercising flexibility in the use of monetary tools amid recent sharp exchange rate fluctuations.
24-10-2024 14:34
The stock, banking, and investment markets are awaiting the release of third-quarter financial reports, with corporate lending banks expected to show strong growth in Q4, while consumer lending banks may continue to face hurdles.
18-10-2024 11:37
The State Bank of Vietnam (SBV) announced a decision for the mandatory transfer of CBBank and Ocean Bank to Vietcombank and MBBank, respectively, on October 17.
16-10-2024 14:56
The decline in the exchange rate has given the State Bank of Vietnam more room to ease monetary policy, injecting capital into the economy to meet the credit growth target, stimulate domestic investment, and aid post-typhoon recovery.
16-10-2024 14:52
The State Bank of Vietnam last week signalled its ambition to explore a roadmap to lift credit growth caps, potentially allowing commercial banks greater flexibility in their lending activities.
14-10-2024 14:52
The flows of remittances to Ho Chi Minh City reached $5.5 billion in the first nine months of 2024, a 10 per cent increase against the same period last year, according to Nguyen Duc Lenh, deputy director of the State Bank of Vietnam’s Ho Chi Minh City branch, at a conference on October 11.
10-10-2024 17:20
In the wake of Typhoon Yagi, addressing the tragic consequences and rebuilding efforts has become paramount, with crucial bank support and strategic advice from industry experts guiding the process.
04-10-2024 10:30
The recent decline in exchange rates will provide the State Bank of Vietnam with more room to adjust interest rates in a way that benefits credit growth and stimulates economic expansion.
26-09-2024 20:30
The decision to cut interest rates by 50 basis-point in last week's Fed meeting is expected to have several positive impacts on the Vietnamese economy, specifically by alleviating exchange rate pressures and allowing the State Bank of Vietnam to implement a more accommodative monetary policy.