Eleven bidders win May 23 gold auction

Eleven bidders win May 23 gold auction

Eleven bidders bought 13,400 out of the 16,800 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) offered for sale at an auction held on May 23.
SBV gold auction sells 7,900 taels

SBV gold auction sells 7,900 taels

An SBV gold auction has sold 7,900 taels (70 lots) of SJC-brand gold bullion to nine different bidders.
State Bank announces 4th gold bar auction to stabilise prices

State Bank announces 4th gold bar auction to stabilise prices

The State Bank of Vietnam (SBV) on May 7 announced a morning auction for a total of 16,800 taels of gold in Hanoi on May 8.
Gold at historic peak, auctions receive lukewarm reception

Gold at historic peak, auctions receive lukewarm reception

Gold prices reached a historic peak last week after consecutive auction sessions held by the State Bank of Vietnam (SBV) were met with lukewarm enthusiasm.
Exchange rate pressures could affect interest rates

Exchange rate pressures could affect interest rates

Recent exchange rate pressures are expected to lead to an increase in interest rates, according to the SBV.
SBV to increase gold bar supply to stabilise domestic market

SBV to increase gold bar supply to stabilise domestic market

The State Bank of Vietnam (SBV) will increase the supply of gold bullion to handle the existing huge difference in domestic and world gold prices, SBV Deputy Governor Pham Thanh Ha told the press on April 12.
Exchange rates hover near historical highs

Exchange rates hover near historical highs

Substantial foreign investor outflows from Vietnam’s equity markets might prompt the central bank to introduce measures to stabilise exchange rates, facing heightened volatility.
Forex market under significant pressure

Forex market under significant pressure

The forex market is under significant pressure as the USD/VND exchange rate sits just 1 per cent below the all-time high.
PM urges further rate cuts, improved credit access to remove obstacles, promote growth

PM urges further rate cuts, improved credit access to remove obstacles, promote growth

Prime Minister Phạm Minh Chính chairs the meeting to implement monetary policy management tasks in 2024, which focuses on removing difficulties for production and business to promote growth and ensure macroeconomic stability.
SBV asked to keep interests low and financial access easier

SBV asked to keep interests low and financial access easier

Prime Minister Pham Minh Chinh has tasked the State Bank of Vietnam (SBV) with leading and coordinating governmental ministries and agencies to keep interest rates low and financial access easier for businesses, according to Directive 18/CD-TTg signed on March 7.
USD rate pressures domestic landscape

USD rate pressures domestic landscape

While exchange rates have undergone considerable volatility, witnessing a surge which positively influences import-export activities, the domestic scene faces renewed pressure, attributed to the VND-USD interest rate being at negative levels.
SBV injects large amount of money to support capital for banks

SBV injects large amount of money to support capital for banks

The State Bank of Vietnam (SBV) on February 20 net injected more than 5 trillion VND (nearly 204 million USD) into the banking system through the open market operation (OMO) channel to support capital for commercial banks.
Safeguards to be met with credit reform

Safeguards to be met with credit reform

Vietnam’s new banking reform regulations introduces stringent ownership limits for individual and organisational shareholders in credit institutions to mitigate risks associated with cross-ownership and enhance financial stability.
Gaps closed thanks to credit law reforms

Gaps closed thanks to credit law reforms

Vietnam’s revised Law on Credit Institutions introduces broad reforms aimed at enhancing banking sector governance, transparency, and efficiency.
Banks get go-ahead for capital increases

Banks get go-ahead for capital increases

Many banks in Vietnam have received approval for substantial capital hikes, signalling a strategic effort to fortify the financial sector and enhance several essential ratios.
|< < 1 2 3 4 > >|