Banking shake-up will not happen overnight

Last year was a time of trials and tribulations for Vietnam’s economy and banking sector.
Exchange rates to follow market rules

Exchange rates to follow market rules

State Bank of Vietnam (SBV) Governor Nguyen Van Binh has said exchange rates in 2013 will be adjusted in accordance with market practices.
State Bank Governor answers questions on bad debts

State Bank Governor answers questions on bad debts

Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh on August 21 took the floor to answer deputies and voters questions on the settlement of bad debts, measures to facilitate businesses’ access to capital and the implementation of restructuring projects.
Deposit interest rates capped at 14 per cent

Deposit interest rates capped at 14 per cent

The State Bank of Vietnam issued Circular No 02/2011/TT-NHNN on March 3, capping interest rates that can be offered by commercial banks on dong deposits at no more than 14 per cent per year.