Interest rate fluctuations in the world will affect Vietnam

Interest rate fluctuations in the world will affect Vietnam's exports

VCN - According to experts, the recent interest rate cuts by the European Central Bank (ECB) and the Bank of Canada (BoC) are important moves that signal a broader trend of monetary easing among major central banks. This is likely to affect Vietnam's expo
Is the non-interest income to be a "salvage" for bank profits?

Is the non-interest income to be a "salvage" for bank profits?

The context of slowing growth, thinning profit margins (NIM) has caused banks' main revenue to decrease in the first six months of 2023. Therefore, for many banks, non-interest income is a "salvation" so that profits do not fall too deeply.
Is non-interest income an " salvation" for bank profits?

Is non-interest income an " salvation" for bank profits?

VCN - The context of slowing growth, and thinning Net Interest Margin (NIM) has caused banks' main revenue to decrease in the first 6 months of 2023. Therefore, for many banks, non-interest income is a "salvation" for profits not fall too deeply.
Interest rate cut expected to pump economy up

Interest rate cut expected to pump economy up

The State Bank of Vietnam (SBV) is cutting down a series of key interest rates by 0.25%-0.5% from June 19, which is expected to make a double impact on the economy thanks to stronger credit activities and higher liquidity.
Deputy PM’s conclusions on interest rate support package

Deputy PM’s conclusions on interest rate support package

The Government Office has issued an announcement on Deputy Prime Minister Le Minh Khai’s conclusions at a meeting on interest rate support package in accordance with the Government’s Decree No.31/2022/ND-CP dated May 20.
Deputy Governor of the State Bank: Do not let policies be exploited

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

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.
The hard liquidity, increasing credit, interest rates are under upward pressure

The hard liquidity, increasing credit, interest rates are under upward pressure

VCN - Deposit interest rates in Vietnam are under increasing pressure in the last months of the year, but the interest rate compensation package can help reduce the lending interest rate.
Adjust the credit line to the right address

Adjust the credit line to the right address

VCN - To help businesses recover after the pandemic, banks have issued a series of policies. The problem is how to get the credit flow to the right "address", contributing to economic growth.
Three big banks have great profits, but bad debts increase fast

Three big banks have great profits, but bad debts increase fast

VCN - The growth rates of the three big banks, namely Vietcombank, VietinBank, and BIDV, are still positive, but the bad debt performance of Vietcombank and VietinBank is remarkable.
Earning big, banks urged to further cut interest rates for affected borrowers

Earning big, banks urged to further cut interest rates for affected borrowers

Since commercial banks has seen big earnings during the third quarter of 2021 despite social distancing measures in place in many cities and provinces, insiders believed there is still room for lenders to further cut interest rates for enterprises affected by COVID-19.
3-4% interest rate support package: Need to learn from experience

3-4% interest rate support package: Need to learn from experience

VCN - At the 3rd meeting of the National Assembly Standing Committee, National Assembly Chairman Vuong Dinh Hue suggested the Government consider the package of interest rate compensation for banks to reduce lending interest rates to remove cash flow prob
Reducing debt burden

Reducing debt burden

VCN - In the midst of the pandemic, many businesses are making efforts to repay trillions of dong of debt that is a bright spot in the picture of listed companies' debt.
Foreign investors maintain interest in Vietnam

Foreign investors maintain interest in Vietnam

Despite a year-on-year slip in foreign direct investment (FDI) to Vietnam in the first four months of the year, foreign investors still signed major deals in the country and confirmed its ongoing investment appeal.
Brokers seek way to borrow from investors with high interest rates

Brokers seek way to borrow from investors with high interest rates

As banks are offering low interest rates, many securities companies are seeking way to mobilise capital from investors by offering higher interest rates.
Supporting industry firms to get interest rate subsidy

Supporting industry firms to get interest rate subsidy

Companies in the supporting industry will get an interest rate subsidy from next year in an effort to promote the development of the part-supply industry, said Pham Tuan Anh, Deputy Director of the Industry Agency under the Ministry of Industry and Trade.
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