Monetary and credit policies supporting exporters
November 12, 2024 | 16:15
Loosening monetary policy and credit incentive packages are aimed at easing exchange rate pressures and supporting exporters during the festive period and year ahead.
Rising NPLs under increased pressure
November 07, 2024 | 09:36
Amid rising non-performing loan ratios, banks face increased pressure to strengthen provisioning and expedite collateral recovery, all while grappling with significant losses from recent events.
Lowered lending rates to facilitate capital access
November 07, 2024 | 09:27
The fourth quarter is bringing soaring capital demand for production and housing, calling for timely preferential credit and rate cuts to empower businesses and citizens in driving consumption and robust growth
Monetary policy flexible and stable
November 03, 2024 | 14:47
Vietnam’s central bank remains steadfast in implementing a proactive yet cautious monetary policy, exercising flexibility in the use of monetary tools amid recent sharp exchange rate fluctuations.
Year-end credit growth driven by industrial sector
October 24, 2024 | 14:34
The stock, banking, and investment markets are awaiting the release of third-quarter financial reports, with corporate lending banks expected to show strong growth in Q4, while consumer lending banks may continue to face hurdles.
Credit growth cap strategy on the cards
October 16, 2024 | 14:52
The State Bank of Vietnam last week signalled its ambition to explore a roadmap to lift credit growth caps, potentially allowing commercial banks greater flexibility in their lending activities.
Rebuilding lives a priority in aftermath of Typhoon Yagi
October 10, 2024 | 17:20
In the wake of Typhoon Yagi, addressing the tragic consequences and rebuilding efforts has become paramount, with crucial bank support and strategic advice from industry experts guiding the process.
Key sectors contributing towards state budget surplus
September 22, 2024 | 09:00
The state budget has experienced a surplus so far this year, driven by an increase in revenue from export and import activities, rather than crude oil.
Central bank preparations underway for Fed rate move
September 19, 2024 | 22:00
Investors have increased their bets on a strong interest rate cut by the US Federal Reserve next week. Trinh Ha, a financial market analyst from Exness Investment Bank, explained more to VIR’s Phuong Thu about the rate cute scenario and its impact on the Vietnamese markets.
Credit support for businesses on offer after Typhoon Yagi
September 19, 2024 | 15:21
The banking sector is sharing the burden with businesses by reducing interest rates on existing loans and providing unsecured credit for new ones to help those affected by Typhoon Yagi.
Banks required to list suspect accounts for better supervision
September 17, 2024 | 17:30
Commercial banks must provide information on accounts that show possible signs of fraud, swindling, or law violations at the State Bank of Vietnam (SBV) 's request every month.
Banks set to stimulate credit growth in last quarter
September 16, 2024 | 12:22
Banks are developing favourable credit schemes for the manufacturing and business sectors, while relaxing lending standards across all customer groups and the majority of loan sectors in the last quarter of the year.
Uneven credit growth registered in first eight months
September 06, 2024 | 10:01
Credit growth bounced back in August after a previous slowing.
Bad debt risks make banks switch focus
September 04, 2024 | 08:00
Vietnamese banks are increasingly shifting their focus from retail lending to corporate clients, driven by concerns over rising bad debts in the retail segment and heightened risk perceptions.
Reference exchange rate continues going up
August 30, 2024 | 10:33
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 24,224 VND/USD on August 30 up 4 VND from the previous day.
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