SBV injects large amount of money to support capital for banks

SBV injects large amount of money to support capital for banks

The State Bank of Vietnam (SBV) on February 20 net injected more than 5 trillion VND (nearly 204 million USD) into the banking system through the open market operation (OMO) channel to support capital for commercial banks.
Experts share mixed sentiments on forex in 2024

Experts share mixed sentiments on forex in 2024

Volatility is likely to continue in the forex market.
Ownership tweaks show commitment to improve

Ownership tweaks show commitment to improve

Banking trainer and consultant Le Hoai An discussed the impact of this with VIR’s Nhue Man and the adjustment of the maximum institutional ownership capital in commercial banks.
Expert predictions on forex in 2024

Expert predictions on forex in 2024

A moderate exchange rate movement is forecast for this year.
Strategic plans in need for credit limits

Strategic plans in need for credit limits

Abolishing the credit growth limits in Vietnam could necessitate a strategic roadmap and the development of effective alternative tools to ensure financial stability and progress, some analysts have said.
The tools to withstand challenges in credit growth

The tools to withstand challenges in credit growth

The ability to repay debt and collateral assets is currently a tough landscape. Economist Le Xuan Nghia talked to VIR’s Nhue Man about the prospects of abolishing credit limits in creating economic efficiency.
Vietnam readies for Open Banking revolution with new legal framework

Vietnam readies for Open Banking revolution with new legal framework

There has been an overhaul in the laws relating to 'Open Banking.'
Inward remittance likely to spike towards year-end

Inward remittance likely to spike towards year-end

Inward remittance are predicted to rise further in the next few months.
Exchange rate pressure to soften by year end

Exchange rate pressure to soften by year end

The VND-dollar exchange rate is expected to soften in the coming months.
Vietnam receives $5 million in Swiss aid to elevate fintech sector

Vietnam receives $5 million in Swiss aid to elevate fintech sector

The Swiss funding will boost activities in Vietnam's fintech and digital banking landscape.
SBV committed to efficiency through digitalisation

SBV committed to efficiency through digitalisation

Industry 4.0 is having a profound impact, reshaping not just economies, but the very fabric of culture, politics, and society globally. A central figure in this transformation is data. Widely hailed as the new gold, its significance in the digital transition process is undeniable.
Vietnam eyes foreign investment boost for banking sector

Vietnam eyes foreign investment boost for banking sector

Vietnam's banking sector welcomes foreign investors to bolster its financial institutions.
Bank stocks remain lucrative

Bank stocks remain lucrative

Bank stocks remain appealling to investors despite the recent market uncertainty.
Smart Banking Conference 2023 highlights cyber security

Smart Banking Conference 2023 highlights cyber security

Policymakers, businesses and experts gathered at the Smart Banking Conference 2023 on October 6.
Central bank keeps close eye on forex market movements

Central bank keeps close eye on forex market movements

The State Bank of Vietnam is monitoring and taking action to moderate exchange rate movements in the face of weakening regional currencies.
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