Credit support offer to help navigate hurdles
April 23, 2025 | 14:12
Amid the country’s push to maintain 8 per cent growth, its central bank is compelled to keep interest rates low, while the banking sector rolls out a massive credit package to spur short- and medium-term growth.
Banking sector faces liquidity challenges amid rate cuts
March 03, 2025 | 10:43
On February 25, the SBV held a meeting with credit institutions to address strategies for stabilising deposit interest rates. As a result, banks such as Eximbank, BVBank, KienlongBank, the Maritime Bank of Vietnam (MSB) and VietBank have announced new deposit interest rate schedules, with the highest reduction reaching up to 0.7 per cent per year.
Lenders use Lunar New Year to offer alluring rates
February 20, 2025 | 17:41
Following the Lunar New Year holiday, many banks simultaneously adjusted deposit interest rates to attract idle capital from customers, while lending rates also showed an upward trend, presenting attractive opportunities, but also significant challenges for borrowers.
US dollar to strengthen further following tariffs escalation: UOB
February 11, 2025 | 11:50
United Overseas Bank (UOB) forecasts that the USD/VND exchange rate will increase to 26,000 this year amid global risks showing no signs of cooling.
No year-end easing of focus on business support and stability
December 24, 2024 | 20:00
Vietnam’s year-end direction is focused on maintaining stability in both interest rates and exchange rates while implementing capital support measures for businesses.
Exchange and interest rates forecast to remain stable after US election
November 07, 2024 | 14:04
Experts believe that Vietnam's economic fundamentals are strong enough to withstand the volatility stemming from the US presidential election results.
US stock momentum bodes well for others
October 23, 2024 | 16:56
The US Federal Reserve will meet in early November and is likely to cut interest rates again, which is expected to have a positive impact on the stock market in Vietnam.
Several banks suspend interest payments for typhoon-affected borrowers
October 04, 2024 | 14:36
Several banks have granted interest waivers or reductions to borrowers affected by Typhoon Yagi.
Fed rate cut expands Vietnamese monetary policy flexibility
September 26, 2024 | 20:30
The 50 basis-point cut in last week's Fed meeting is expected to have as positive impact on the Vietnamese economy.
'A good strong start' to Fed’s rate cut cycle
September 20, 2024 | 16:38
The recent interest rate cut announced by the US Federal Reserve may increase the likelihood of the SBV to follow suit, say experts.
Expectations of rate cut ahead of Fed meeting
September 16, 2024 | 19:07
Easing monetary policy may continue given the high chance of a Fed pivot with rate cuts.
SBV offers fresh catalyst for growth
September 10, 2024 | 10:33
The State Bank of Vietnam’s efforts to lower interbank interest rates and increase credit limits for banks will provide additional momentum for growth, with economic recovery pace being crucial to sustaining credit demand.
Vietnam prepares as Fed closer to cutting interest rates
July 24, 2024 | 17:24
The US Federal Reserve is likely to start cutting interest rates, which, if becoming true, would affect Vietnam’s trade activities late this year.
Fluctuations to be expected ahead of Fed cut and election
July 22, 2024 | 14:35
The global economy is awaiting moves from the US Federal Reserve to cut interest rates. Nguyen Tri Hieu, senior financial expert, shared with VIR’s Nhue Man implications of eminent global standing on Vietnam’s economy and weighing efficient channels for investment in the rest of 2024.
Homebuyers reluctant to take out loans despite low interest rates
July 19, 2024 | 19:30
Concerns about rising floating interest rates and stringent borrowing conditions have subdued the demand for home loans among individuals and investors.
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