state bank

Enterprises operate moderately; investment is limited due to difficulties in capital

10:25 | 23/03/2023 Import-Export

VCN - A recent survey conducted by the Ho Chi Minh City Business Association in February 2023 with more than 100 businesses showed that up to 83% of businesses are facing difficulties.

It is necessary to develop regulations on financial safety indicators in the field of construction and real estate

13:58 | 22/02/2023 Finance

VCN - At the national online conference "Dismantling and promoting the safe, healthy and sustainable development of the real estate market" taking place on February 17, Minister of Finance Ho Duc Phuc said that the Ministry of Finance continues to impleme

Credit growth projected to reach 14-15% in 2023

15:40 | 17/02/2023 Finance

The State Bank of Vietnam (SBV) has expected credit growth to hit 14-15% this year, leaving a possibility that it might adjust the orientation to suit the actual business situation and developments.

State Bank adjusts USD/VND exchange rate band to 5%

15:05 | 17/10/2022 Finance

The State Bank of Vietnam (SBV) has decided to widen the USD/VND spot exchange rate band from +/-3% to +/-5%, effective from October 17.

State Bank rate hike necessary to defend VN đồng, control inflation

15:03 | 29/09/2022 Finance

ADB Country Director Andrew Jeffries spoke to Vietnam News Agency on this move in the context of the US’ Fed, ECB and a number of other central banks raising their rates to curb inflation.

State Bank’ rate hike necessary to defend VN dong, control inflation: ADB Country Director

15:42 | 26/09/2022 Finance

ADB Country Director Andrew Jeffries has talked to the Vietnam News Agency on the recent interest rate hike by the State Bank of Vietnam in the context of the Fed, ECB and a number of countries raising their rates to curb inflation.

Inflation pressure is only moderate, monetary policy does not need to be changed

09:19 | 16/07/2022 Import-Export

VCN - Many current comments say that operating interest rates are under pressure and may be adjusted by the State Bank this year. In my opinion, the operating interest rate is not affected much.

Pressure to increase the exchange rate, will the State Bank take action?

09:23 | 29/06/2022 Import-Export

VCN - Pham Chi Quang, Deputy Director General in charge of the Monetary Policy Department, State Bank of Vietnam (SBV), said that the agency will increase the frequency of selling foreign currency interventions.

Loosening credit room: caution necessary

13:59 | 16/06/2022 Finance

VCN - According to data from the State Bank of Vietnam (SBV), as of May 27, credit is estimated to increase by 7.75%, about two times higher than the same period in 2021.

Deputy Governor of the State Bank: Do not let policies be exploited

13:38 | 14/06/2022 Import-Export

VCN - According to Mr. Dao Minh Tu (pictured), Standing Deputy Governor of the State Bank of Vietnam (SBV), there are positive signs that these sectors and fields have recovered and credit is on the right track.

State bank governor, agriculture and finance ministers to be quizzed by legislators

22:12 | 04/06/2022 Import-Export

State bank governor Nguyễn Thị Hồng, Agriculture and Rural Development Minister Lê Minh Hoan, Finance Minister Hồ Đức Phớc and Transport Minister Nguyễn Văn Thể will answer questions from delegates of the National Assembly (NA) in its third session, said the assembly’s Standing Committee.