World Financial Innovation Series redefines future of financial services
April 21, 2025 | 10:21
The WFIS took place over April 15 and 16 at the Melia Hotel in Hanoi.
Lending could increase amid volatile forex market
April 17, 2025 | 07:00
Strong domestic growth is set to fuel a surge in lending, expected to pave the way for the State Bank of Vietnam to balance its policy tools and lay the groundwork for a further 0.03-0.08 per cent decline in average lending rates across the system.
Standard Chartered and SBV accelerate help for women integrating with digital transformation
March 11, 2025 | 12:01
On March 10, Standard Chartered Vietnam and the SBV organised the conference “Banking women integrating with digital transformation”.
Lofty GDP potential is indicator for credit demand
February 14, 2025 | 15:59
The State Bank of Vietnam targets 16 per cent credit growth, but this may have to be higher if GDP hits the 10 per cent mark this year.
Capacity expands to lower deposit and lending rates
October 04, 2024 | 10:30
The recent decline in exchange rates will provide the State Bank of Vietnam with more room to adjust interest rates in a way that benefits credit growth and stimulates economic expansion.
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.
Vietnamese, Lao central banks discuss cooperation in using local currencies in bilateral trade
August 23, 2024 | 10:08
The State Bank of Vietnam and the Bank of Laos have jointly organised a conference to share experience in promoting the use of respective domestic currencies in bilateral trade and investment cooperation activities to prevent external risks.
Banks post huge profits despite low credit growth
April 10, 2024 | 15:26
Credit growth throughout the banking sector in the first quarter remained low at 0.26 per cent, but many banks still reported significant profits.
PM urges enhancing credit access, absorption to fuel growth
March 15, 2024 | 09:50
Prime Minister Pham Minh Chinh on March 14 chaired a conference launching this year’s monetary policy-related tasks to tackle production and business obstacles, facilitate growth, and maintain macro-economic stability.
Exchange rate sparks debate on volatility
March 12, 2024 | 08:00
The State Bank of Vietnam’s central exchange rate adjustment has reignited conversations about potential volatility in the currency market.
PM instructs action for stock market upgrade
February 19, 2024 | 11:45
Prime Minister Pham Minh Chinh has instructed the Ministry of Finance, State Bank of Vietnam and the Ministry of Planning and Investment to address obstacles in relevant sectors for upgrading the stock market from frontier to emerging status.
Lenders to benefit from refinements
January 18, 2024 | 10:05
A new strategic regulatory reform by Vietnam’s central bank aims to balance risk management with robust credit expansion, particularly in sectors pivotal to the country’s economic growth.
A different approach for monetary policy adjustments
January 18, 2024 | 09:59
Data from the State Bank of Vietnam showed that after a 5.5 per cent increase in money supply in 2022, there was a 13 per cent increase last year. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked to VIR’s Hong Dung about the current money supply and velocity.
Lending rate forecast to be cut by 1-1.5pp in 2024
December 20, 2023 | 16:01
There will be little room for further reduction in deposit interest rates in 2024 as they have dropped deeply to pre-COVID-19 levels, while the lending interest rate can still be lowered by 1-1.5 percentage points next year, Vietcombank Securities (VCBS) forecast.
State Bank of Vietnam to keep policy rates steady in 2024: UOB
December 08, 2023 | 11:00
With the pace of economic activities on the mend and inflation rates already easing below the target level, the State Bank of Vietnam (SBV) will maintain its refinancing rate at the current level of 4.5 per cent to support economic recovery, the United Overseas Bank (UOB) said in a report.
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