central bank

Central bank joins regional payment connectivity expansion

13:52 | 25/08/2023 Finance

The State Bank of Vietnam (SBV), has officially joined the Regional Payment Connectivity (RPC) initiative.

Central bank demands stronger promotion of cashless payment

15:24 | 30/05/2023 Finance

The State Bank of Vietnam (SBV) has requested banks, branches of foreign banks, and providers of intermediary payment services to take steps to continue promoting cashless payment and the implementation of the national digital transformation programme.

Central bank works on debt repayment term restructuring circular

19:50 | 21/04/2023 Finance

The State Bank of Vietnam (SBV) has worked with credit institutions to get their opinions on the draft circular on restructuring the debt repayment term and keeping the debt groups unchanged to support borrowers who have difficulties in production and business activities.

Central bank starts huge credit package for social housing projects

14:42 | 04/04/2023 Finance

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.

Central bank cuts policy interest rates to spur growth

17:43 | 02/04/2023 Finance

The State Bank of Vietnam (SBV) announced it would reduce several policy interest rates from April 3, the second cut within one month, the regulator announced on its website March 31 night.

Central bank must keep a close on financial market: WB

15:37 | 17/03/2023 Finance

The State Bank of Vietnam must step up efforts in the management of the country's banking sector and prepare for all possible scenarios for timely and effective interventions, according to the World Bank (WB).

Central bank sets rules on transfer of money abroad for sponsorship, assistance purposes

15:59 | 31/01/2023 Finance

The State Bank of Vietnam has issued new regulations on cases of purchasing, sending, and bringing foreign currencies abroad for sponsorship and assistance purposes of organisations.

Central bank advised to continually fight against dollarisation, goldenisation

14:12 | 22/12/2022 Finance

The State Bank of Vietnam (SBV) should continue to take measures against dollarisation and goldenisation in the domestic economy as the markets remain potential risks for the rising speculation and hoarding of the assets, experts said.

Deposits at all banks always guaranteed: Central bank governor

16:38 | 10/10/2022 Finance

Deposits at all banks, including the Saigon Commercial Bank (SCB), are guaranteed by the State in all cases, Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong affirmed on October 10 when talking to the media regarding recent issues related to the SCB.