Private airlines ask for zero-interest loans
October 01, 2021 | 13:43
Private airlines have requested access to 0 percent interest loans, similar to the support Vietnam Airlines (VNA) - the country's flag carrier - is entitled to, heard a meeting among the State Bank of Vietnam (SBV), commercial banks and the airlines.
Circular offers strict level for bank risks
August 19, 2021 | 10:00
Despite the government coming to the aid of banks and vulnerable businesses in the past year, the latest COVID-19 wave has rendered some debt restructuring and payment scheduling by the country’s central bank less effective than expected.
Interbank interest rates cool down thanks to good liquidity
August 12, 2021 | 11:44
The liquidity of the banking system has risen recently, helping cool interbank interest rates.
SBV considering proposal for developing framework for tackling NPLs
July 28, 2021 | 11:03
The State Bank of Viet Nam is studying a proposal for developing a law on resolving the non-performing loans (NPLs) of credit institutions over the risk of rising bad debts as the COVID-19 pandemic weighs on production and business.
Reference exchange rate up at week’s beginning (July 26)
July 26, 2021 | 14:42
The State Bank of Vietnam set the daily reference exchange rate at 23,213 VND per USD on July 26, up 4 VND from the last working day of previous week (July 23).
Credit institutions asked to tighten loans in “overheating” sectors: SBV
May 13, 2021 | 20:57
The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for real estate and construction, Build-Operate-Transfer (BOT) and the consumption sector.
The dollarisation and cash economy puzzle
May 07, 2021 | 09:00
The more than 5-year-old Decision No.2589/QD-NHNN from the State Bank of Vietnam (SBV) lowered annual interest rates to zero, applicable for deposits in USD of institutions and individuals.
Charting course of land price frenzy
April 20, 2021 | 13:00
The State Bank of Vietnam is closely monitoring the real estate market to avoid any breakdowns as a large-scale land fever has gripped the country in recent months. Dr. Phan Minh Ngoc, senior credit research analyst at Bondcritic Ltd. in Singapore, writes about the ramifications of the situation.
Mobile money services step into limelight for unbanked
March 17, 2021 | 10:00
Vietnamese telecom behemoths are gearing up to offer seamless mobile money services to tap into the lucrative contactless payment industry in Vietnam, with major focus on non-banked and underbanked mobile subscribers in remote areas.
Credit market share of private banks rise
February 27, 2021 | 16:08
Private banks have posted significant growth in credit market share in the past five years.
Staying on track for economic stability
February 12, 2021 | 14:00
Over the past five years, the banking sector implemented many solutions and made important contributions to national socioeconomic development, and last year the sector’s activities helped to remove difficulties for people and businesses affected by the g
Banks to make provisions for COVID-19 affected loans this year
January 24, 2021 | 10:04
Banks will have to set aside money for potentially unrecoverable COVID-19 affected loans from this year, according to an amended circular drafted by the State Bank of Vietnam (SBV).
Banks to stop issuing magnetic strip cards in three months
January 02, 2021 | 20:38
Vietnamese banks will only be allowed to issue chip cards from March 31, 2021, according to a State Bank of Vietnam (SBV) draft circular.
Appointment decision presented to new governor of central bank 1
November 17, 2020 | 09:40
Prime Minister Nguyen Xuan Phuc on November 16 presented the State President’s decision to appoint Nguyen Thi Hong as the Governor of the State Bank of Vietnam (SBV).
Increasing economic capacity for healthier credit
November 06, 2020 | 08:55
Vietnam’s capital market stands at an oversupply even as deposit interest rates remains very low, with output interest rates decreasing sharply compared to previous years. Dr. Nguyen Dai Lai, former deputy director of the State Bank of Vietnam’s Banking Development Strategy Department, analyses the current capital market and predicts the development for the rest of the year.
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