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.
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.
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.
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.
February 27, 2021 | 16:08
Private banks have posted significant growth in credit market share in the past five years.
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
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).
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.
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).
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.
November 06, 2020 | 08:54
As interest rates have fallen dramatically during the first 10 months of the year, the State Bank of Vietnam’s leeway for monetary policy has been squeezed to a great extent, with likely solutions possible to foster growth of the public and private sectors while focusing on industries and services with highest development priority.
October 10, 2020 | 09:55
Many banks have cut deposit interest rates after the State Bank of Vietnam (SBV) lowered the ceiling levels of interest rates from October 1.
October 05, 2020 | 09:21
Big data is a vital issue for banks in the digital transformation process, with data sharing and security top concerns, experts have said.
September 30, 2020 | 09:00
Public health challenges have thrown Vietnam’s banking system into gyrations, pushing lenders to become more risk averse and brace for a wave of defaults, amidst efforts to cut interest rates from the central bank to offset the economy.
August 28, 2020 | 18:20
Banks are facing major challenges to carry out their capital increase plans this year due to the impacts of the COVID-19 pandemic.