State Bank Of Vietnam (SBV)

Bank bad debts forecast to remain under great pressure in 2024

December 26, 2023 | 11:53

Though the asset quality of banks in Vietnam will be temporarily under control until the end of 2023, experts said more attention should be paid to the issue in 2024 as bad debts are rising.

Credit rating overhaul vital for building trust

October 31, 2023 | 10:08

Pivotal changes are upcoming in Vietnam’s financial market, with mandated credit ratings for specific corporate bonds from 2024 to boost transparency and diversify investments.

SBV committed to efficiency through digitalisation

October 27, 2023 | 09:21

Industry 4.0 is having a profound impact, reshaping not just economies, but the very fabric of culture, politics, and society globally. A central figure in this transformation is data. Widely hailed as the new gold, its significance in the digital transition process is undeniable.

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.