commercial banks

Reduce operating interest rates to promptly support businesses

10:11 | 28/03/2023 Finance

For the first time in two years, the State Bank of Vietnam (SBV) has decided to cut some operating interest rates from 0.5-1%. According to experts, this is a very flexible and timely decision.

Ensuring the stable development of the real estate market

10:15 | 25/03/2023 Import-Export

VCN - The Government has just issued Resolution No. 33/NQ-CP dated March 11, 2023 on a number of solutions to remove and promote the safe, healthy and sustainable development of the real estate market. The Government requires regular monitoring and eff

Which solution to open capital flow?

17:45 | 18/12/2022 Finance

In recent days, the story of extending credit growth limits to "save" liquidity for the economy has been exciting. Naturally, therefore, a flexible operating mechanism is what businesses always want.

If the exchange rate is not flexible enough, it will be difficult for imports and exports to compete

18:25 | 27/10/2022 Import-Export

State Bank's decision to adjust the spot exchange rate band between USD and VND from ±3% to ±5% is consistent with the goal of stabilizing the foreign exchange market

Banks race to raise charter capital

09:17 | 02/09/2022 Finance

A number of banks have been approved by the State Bank (SBV) to increase charter capital as well as plan to increase charter capital in the near future.

VAT refund for foreigners at the store has not been stipulated by law

12:01 | 20/08/2022 Regulations

VCN – At the proposal of the National Assembly Deputies of Lam Dong province on regulations on VAT refund for international tourist and overseas Vietnamese at the store to encourage spending, the Ministry of Finance said Vietnam's law does not have regula

The banking sector continues to promote system restructuring and bad debt handling

15:58 | 17/08/2022 Finance

The financial potential of the entire credit institution system in Vietnam is still low, so the SBV has continued to issue an action plan on restructuring the system associated with bad debt settlement in 2021-2025.

What pressure is being put on the "shoulders" of banks?

13:48 | 20/06/2022 Finance

According to Dr. Nguyen Quoc Hung, General Secretary of the Vietnam Bankers Association (VNBA), 70% of collateral for loans at banks is real estate, if this market "freezes", banks will be greatly affected.

Bad debt has increased sharply, but the reserve buffer is "thin"

20:14 | 26/05/2022 Finance

At the end of the first quarter of 2022, banks recorded strong profit growth but the bad debt ratio tended to increase.

Strongly adjusting credit flow

10:24 | 18/05/2022 Finance

Ensuring the safety and soundness of the financial market, including the banking system, is a key issue when the risks are forecast to remain hidden and likely to increase

Cooperation in State revenue collection: Important step forward to Digital Treasury

10:39 | 11/05/2022 Finance

Coordination between the State Treasury and commercial banks in collecting state revenue has gradually promoted its effectiveness.

Promote non-cash payment activities in the State Treasury system

10:53 | 09/05/2022 Finance

The State Treasury has just approved a Project on developing non-cash payments in the State Treasury system until 2025

Coordination in collection between treasury and banks: facilitating taxpayers

09:43 | 24/04/2022 Finance

The State Treasury continues to expand coordination in state revenue collection with commercial banks in order to accelerate administrative reform and strengthen non-cash payments

Banks are "busy" to pay "paper" dividends: Who loses, who benefits?

09:54 | 21/04/2022 Finance

This year, shareholders of banks continue to receive dividends in shares, but at a "giant" rate. This not only helps shareholders but also creates favorable conditions for the bank to increase charter capital.

Commercial banks tighten real estate lending

20:02 | 13/04/2022 Finance

Some banks have temporarily stopped providing loans to the real estate sector in the short term in the wake of the State Bank of Việt Nam (SBV)'s policy on controlling credit growth in risky areas.