State Bank of Vietnam

Credit room has been eased, can enterprises solve the "thirst" for capital?

13:43 | 23/09/2022 Finance

VCN - In this credit limit adjustment, Sacombank was granted 4%, bringing the total credit growth limit for the whole year to 11%.

Prevent money laundering risks through virtual money, virtual assets

13:36 | 29/05/2022 Finance

Money laundering is increasingly sophisticated with many new forms, especially those related to virtual money and virtual assets because this is a rapidly developing and complex field.

Demand for cash at the end of the year will not be high: SBV

14:22 | 05/01/2022 Finance

The need to withdraw cash at ATMs at the end of this year and the upcoming Lunar New Year will not be as high as in previous years, said Lê Anh Dũng, deputy director of the Payment Department under the State Bank of Việt Nam (SBV).

Việt Nam likely to achieve rice export target this year

17:56 | 16/10/2021 Import-Export

Việt Namnbsp;is expected to achieve its rice export target of 6.3 million tonnes worth US$3.2 billion this year due to high globalnbsp;demandnbsp;and an increase in export prices.

State Bank of Vietnam draft regulations on social housing lending cause controversy.

18:45 | 25/09/2021 Finance

The State Bank of Vietnam (SBV) has proposed that commercial banks not be allowed to provide preferential loans to low-income people seeking to purchase, lease and lease-purchase social houses.

"Upgrading regulations" into a law on bad debt handling

19:53 | 28/06/2021 Import-Export

VCN- According to Mr. Nguyen Quoc Hung, General Secretary of VNBA, Resolution No. 42/2017/QH14 on piloting bad debt settlement of credit institutions was promulgated by the National Assembly on June 21, 2017, effective from August 15, 2017.

Worries about credit standards with increase of bad debts

10:08 | 07/03/2021 Finance

A major worry of the banking sector for the whole of 2021 is the increase of bad debt, especially when there are many potential bad debts under restructuring.

Bank interest in 2021 will remain at low level

19:32 | 17/01/2021 Finance

In 2020, banks’ deposit interest rates plummeted, of which interest rates for one and two-month terms fell to an unprecedented level at 2.55% year.

Credit growth forecast to hit 11% by year-end

20:25 | 25/12/2020 Finance

The banking industry's credit is projected to have expanded 11% for the year by the end of December, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu revealed at a press conference on December 24.

Credit growth up 6.09 percent: central bank

20:09 | 04/10/2020 Finance

The State Bank of Vietnam (SBV) said on October 2 that as of September 30, credit had expanded 6.09 percent as compared with the end of 2019.

Evaluating the progress of implementing the ASEAN monetary - financial integration roadmap

19:16 | 27/09/2020 Finance

The Ministry of Finance worked with the State Bank of Vietnam to organise the press conference on the conference of Minister of Finance and Governor of the Central Bank of ASEAN 2020

Banks to continually cut costs to aid COVID-19 affected firms

16:00 | 11/08/2020 Finance

The State Bank of Vietnam SBV has asked banks to further reduce operating costs in the remaining months of the year in order to continue lowering interest rates to support COVID 19 affected firms and individuals

State Bank of Vietnam cuts some interest rates

20:13 | 07/08/2020 Finance

The State Bank of Vietnam SBV on August 6 announced its decision on cutting some policy rates with immediate effect the second time this year following the adjustment on March 16

More monetary easing measures forecast in 2020

19:21 | 04/06/2020 Finance

The State Bank of Vietnam SBV is expected to further take monetary easing measures to support the country GDP growth target of above 5 percent this year in light of a weak economic outlook

Banks poised to disinfect notes to prevent further COVID-19 spread

16:30 | 14/03/2020 Finance

The State Bank of Vietnam (SBV) have requested that banks move to disinfect bills whilst also encouraging people to use contactless forms of payment in an effort to contain the spread of the novel coronavirus (COVID-19) among the wider community.