Banks keen to maintain upward route
October 25, 2023 | 17:39
Banks are hoping for positive developments to fill up the rest of the year after some performance dips so far in 2023.
Central bank forecast to continue bill issuance amid abundant liquidity
October 24, 2023 | 17:13
The State Bank of Vietnam (SBV) will continue to issue new bills to withdraw cash from the banking system as liquidity is abundant and interbank interest rates remain low, analysts forecast.
Monetary policy governance requires thorough consideration: official
October 23, 2023 | 16:54
As the governance of the monetary policy has to concurrently guarantee multiple targets, including reducing interest rates, expanding credit, stabilising foreign exchange rates, and ensuring credit institutions’ safety, thorough consideration is needed before any steps are taken, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.
Bigger banks hoover up weaker rivals
October 17, 2023 | 15:00
Prominent Vietnamese banks are making calculated moves to acquire struggling counterparts, signalling a broader restructure of Vietnam’s banking system.
Confidence on show in banks’ green shift
October 10, 2023 | 10:42
Vietnamese banks are amplifying green financing efforts amid robust government backing, navigating both advancements and industry issues.
Refined laws required to combat laundering
October 04, 2023 | 15:00
Vietnam is working to implement anti-money laundering regulations within the crypto sector amid a global rise in digital assets.
New rating agency approval shores up credit confidence
September 28, 2023 | 13:00
Vietnam’s corporate bond market is set for a transformative leap with the entrance of a new credit rating agency, paving the way for renewed confidence and alignment with global standards.
Forum discusses impact of climate change
September 22, 2023 | 09:00
The 2023 Vietnam Climate Forum took place in Hanoi on September 21.
Central bank joins regional payment connectivity expansion
August 25, 2023 | 11:44
The State Bank of Vietnam (SBV), has officially joined the Regional Payment Connectivity (RPC) initiative.
State bank's new circular facilitates lending to real estate projects
August 17, 2023 | 17:00
The State Bank of Vietnam (SBV) and the banking system always create favourable conditions to support real estate businesses and the property market to develop strongly and sustainably, said Pham Chi Quang, Director of the SBV’s Monetary Policy Department.
Interest rate anchoring in US supporting VND status
August 15, 2023 | 13:00
The US Federal Reserve’s July interest rate rise by 0.25 percentage points, resulting in policy rates reaching a 22-year high, may not be the end of the matter given the recent trend of continuously lowering interest rates.
Circular stipulates new regulations on electronic money transfers
August 07, 2023 | 11:48
The State Bank of Vietnam has issued a circular guiding certain provisions of the Law on Money Laundering Prevention and Control.
Smaller businesses continue to bemoan strict lending criteria
August 01, 2023 | 11:36
Despite falling interest rates, approximately a quarter of Vietnam’s small- and medium-sized enterprises are still grappling with capital access challenges.
PM orders measures to increase businesses’ credit access
July 28, 2023 | 10:26
Prime Minister Pham Minh Chinh on July 27 signed to issue a document clarifying measures to enhance businesses’ access to credit.
Vietnam considers risk-free bonds
July 25, 2023 | 17:17
The Government has assigned the Ministry of Finance to study a proposal to allow the State Bank of Vietnam to guarantee payment of bank bonds, just like with bank deposits.
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