Dong depreciates against US dollar
June 06, 2012 | 13:44
The US dollar appreciated against the Vietnamese dong and peaked around VND21,000 per dollar yesterday compared to the rate of VND20,870 two months ago.
Deposit interest rates may fall to 9 per cent by year-end
May 23, 2012 | 11:07
Deposit interest rates offered by commercial banks are likely to come down to between 9 and 10 per cent per annum by the end of this year, said Nguyen Van Binh, governor of the State Bank of Vietnam.
M&As to remain in vogue in 2012
May 14, 2012 | 09:27
Mergers and acquisitions (M&A) will continue at high levels in 2012 with inbound acquisitions remaining significant, driven by high levels of interest amongst Asian investors, especially those from Japan and Korea, looking to tap Vietnam’s growing economy, large population and its strong resource base. Stephen Gaskill, deputy general director of PwC Vietnam, puts VIR’s Hoang Anh in the picture.
Firms look to reshuffle the deck
April 26, 2012 | 13:56
Rescheduling loans is giving under pressure firms some breathing space.
State Bank may lift deposit rate limit in June
April 18, 2012 | 09:43
The State Bank of Vietnam might remove a cap being put on the deposit interest rate in June or July this year if commercial bank liquidity improved, a forum heard.
Lower cost loans for businesses
April 17, 2012 | 11:13
Getting their hands on one of these lower-cost loans is hard for firms following the central bank’s recent move to lower the rate that banks would charge for the loans.
Cbank buys $6.23 bln for national reserve
April 10, 2012 | 22:35
The State Bank of Vietnam has used around VND130 trillion to buy $6.23 billion worth of foreign currencies from banking systems for the national reserve.
Banks polish golden potential
March 22, 2012 | 09:43
Banks are working to maximise golden advantages.
Rate move to fail to pay dividends
March 19, 2012 | 11:19
Personal lending is unlikely to get a lift from the central bank’s recent rate cut.
Foreign banks lower deposit rates
March 12, 2012 | 14:19
After the central bank announced its intention to lower the ceiling deposit rate to less than 13 per cent, several foreign banks have reduced their rates while local banks have yet to make any move.
Interest rates to slowly head south
March 12, 2012 | 08:06
High interest rates are set to fall in tandem with inflation.
Banks move to cut deposit interest rates
March 09, 2012 | 14:57
A State Bank of Vietnam (SBV) announcement about a possible cut in deposit interest rates has spurred many banks into action even before an official decision is taken.
Governor: Vietnamese dong increases its attractiveness
January 13, 2012 | 15:33
The Vietnamese dong has increased its attractiveness as a result of the State Bank of Vietnam’s monetary policies, SBV Governor Nguyen Van Binh said.
Central bank intensifies efforts to stabilise interest rates
January 13, 2012 | 15:31
The State Bank of Vietnam (SBV) is aware of rising flout of the capped deposit interest rate and more drastic measures will be applied in the first quarter of 2012.
SBV Governor admits shortcomings over interest rate cap
November 26, 2011 | 09:43
The Governor of the State Bank of Vietnam (SBV) admitted in answers to a National Assembly cross-examination on November 25 that lax management had resulted in violations of the 14 per cent ceiling deposit interest rate.
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