State Bank of Vietnam

BAC A BANK launches new pro-business initiative

March 10, 2023 | 21:29

In response to the direction of the SBV, BAC A BANK has implemented a credit incentive programme for short-term loans for businesses.

Exchange rate spike not deemed an imminent threat

March 01, 2023 | 10:00

The USD exchange rate on the morning of February 24 on the free market and banks both increased sharply compared to the previous session, exceeding the threshold of VND24,000.

Central bank not tighten real estate credit: Deputy Governor

February 08, 2023 | 16:30

The State Bank of Vietnam (SBV) has never issued any documents or statements ordering credit for real estate be tightened, Deputy Governor Dao Minh Tu said on February 8.

Central bank sets rules on transfer of money abroad for sponsorship, assistance purposes

January 31, 2023 | 11:14

The State Bank of Vietnam has issued new regulations on cases of purchasing, sending, and bringing foreign currencies abroad for sponsorship and assistance purposes of organisations.

Making growth greener

January 22, 2023 | 23:02

Completing the legal corridor is one of the important foundations to assist the flow of capital into green economic developments. Dao Minh Tu, Standing Deputy Governor of the State Bank of Vietnam, talked to VIR’s Hong Dung about the importance of green credits to economic recovery.

Real estate stability on top of SBV agenda

January 17, 2023 | 09:33

The State Bank of Vietnam is encouraging the lowering of real estate loan rates to assist enterprises in overcoming liquidity issues, a vital action that on its own will be insufficient to foster stable market development.

High-risk sectors to face strict credit restrictions

December 29, 2022 | 16:58

The State Bank of Vietnam is requiring credit institutions and foreign bank branches to execute credit and interest rate policies properly, as per a new document.

Textile enterprises face difficulties in 2023

November 18, 2022 | 06:59

The economic downturn and high inflation in many major export markets exerts difficulties on Vietnam’s textile exporters for 2023.

US removes Vietnam from monetary manipulation monitoring list

November 13, 2022 | 19:48

Vietnam has been removed from the US's monetary manipulation monitoring list, according to the State Bank of Vietnam (SBV).

Central banks brace after new Fed move

November 11, 2022 | 08:00

Central banks across the globe have announced their recent rate hike in a bid to tame inflation, but market watchdogs predict that the tempo of rate rises is starting to slow down.

SBV moves in line with global money-tightening tendency

November 03, 2022 | 14:00

To stabilise the currency rate in the face of fluctuations in the international market, the State Bank of Vietnam (SBV) early last week raised the operating interest rate for the second time in a month.

State Bank of Vietnam alleviates market pressures

November 03, 2022 | 11:00

The State Bank of Vietnam adjusted several operating interest rates last week, with the move deemed necessary in the context of a strong USD and increasing domestic pressure on interest rates and exchange rates.

Previous financial crises thus far averted via stable moves

October 26, 2022 | 10:36

The increase of the central exchange rates and adjustment of the exchange rate band of the State Bank of Vietnam are suitable with the trends of other currencies at a lighter level.

Non-traditional approaches to monetary polices

October 26, 2022 | 10:13

Exchange rates and interest rates are being handled in a satisfactory manner, according to Dr. Truong Van Phuoc, a member of the Prime Minister’s Economic Advisory Group and former acting chairman of the National Financial Supervisory Commission. He talked to VIR’s Hong Dung about the State Bank of Vietnam’s recent moves on interest rates and exchange rates.