Positive scenarios for working capital development
May 05, 2022 | 15:38
Security over receivables is mainly regulated by the Civil Code 2015 and Decree No.21/2021/ND-CP, as well the Law on Credit Institutions 2010, and its detailing and guiding Circular No. 02/2017/TT-NHNN promulgated by the State Bank of Vietnam (SBV).
Tight control over real estate credit to mitigate risks
April 19, 2022 | 12:11
The State Bank of Vietnam (SBV)’s decision to tighten control over real estate credit has helped to restrict speculation while making the market transparent and preventing a real state bubble, economic experts have said.
Commercial banks tighten real estate lending
April 14, 2022 | 10:07
Some banks have temporarily stopped providing loans to the real estate sector in the short term in the wake of the State Bank of Vietnam (SBV)'s policy on controlling credit growth in risky areas.
Banks ensure fuel firms have access to more credit
March 17, 2022 | 21:43
The State Bank of Vietnam (SBV) has issued Document No 1509, asking commercial banks to raise credit limits for a number of fuel firms, particularly those who import extra fuel at the request of the Ministry of Industry and Trade (MoIT).
Home Credit awarded certificate of merit by SBV
February 16, 2022 | 10:36
The State Bank of Vietnam will award a certificate of merit to Home Credit Vietnam for its contributions and positive social activities in the prevention of the pandemic.
Engaging extensively to support credit institutions
February 10, 2022 | 11:38
Global inflationary pressure is attributed to the synergies of large-scale economic stimulus packages and an urgent concern that Vietnam must address given the country’s high level of economic openness. Standing Deputy Governor of the State Bank of Vietnam, Dao Minh Tu, spoke with VIR’s Hong Dung about the banking sector’s efforts to foster economic development and the measures that have been put in place to help the country prosper.
Banks raise provisions in anticipation of bad debt
November 10, 2021 | 21:41
In the face of rising bad debt amid the ongoing COVID-19 pandemic, commercial banks have been forced to write up their loan loss provisions, according to industry sources.
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.
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