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Exchange rate is no longer a concern

09:17 | 02/01/2023 Import-Export

VCN - According to the report on the socio-economic situation in 11 months of 2022 by the General Statistics Office, the USD index in November 2022 increased by 8.71% over the same period in 2021; average in 11 months of 2022 increased by 1.83% compared t

Unlocking capital channels for enterprises

15:51 | 30/12/2022 Import-Export

VCN - Speaking at the seminar "Remove difficulties in capital for enterprises" recently held by Nguoi Lao Dong, Mr Truong Tien Dung, Standing Vice Chairman of Ho Chi Minh City Food Association, said that enterprises' access to capital is not easy at thi

Savings interest rates increase rapidly, deposit-credit gap has not improved

08:31 | 23/10/2022 Finance

VCN - Notably, before this increase in deposit interest rates, several commercial banks had sharply increased deposit rates many times in the previous months.

SBV collaborates with authorities to protect investors

18:55 | 09/10/2022 Finance

Since Saturday, investors’ confidence has been harmed by the incidents related to specific personal and corporate violations Vạn Thịnh Phát Group, which has a close connection with SCB on the HOSE.

SBV adjusts credit growth targets for banks

17:00 | 08/09/2022 Finance

The adjustment of credit growth targets is made on the basis of the request of credit institutions assessing their operational requirements

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

12:53 | 23/05/2022 Import-Export

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.

SBV to regulate fintech banking

20:21 | 09/04/2022 Finance

The State Bank of Vietnam (SBV) has been developing a sandbox for fintech banking and gathering feedback on a draft regulating the sector.

How to get 2% interest rate support from the state budget?

09:24 | 02/03/2022 Finance

VCN - Accordingly, the most concerning issue is the object of interest rate support of 2%/year for the two years of 2022-2023 through the system of commercial banks.

SBV urges lenders to not relax credit approval conditions

20:01 | 12/02/2022 Finance

The State Bank of Vietnam (SBV) has urged lenders to not relax credit approval conditions but set tighter control on foreign currency lending and granting loans in high-risk sectors.

SBV focuses on improving credit quality

15:21 | 19/01/2022 Finance

Governor of the State Bank of Vietnam (SBV) Nguyễn Thị Hồng has issued Directive No.01/CT-NHNN on organising the implementation of the key tasks of the banking sector, with a focus on improving credit quality and tightly controlling loans to potentially risky industries.

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).

Authorities inject trillions of VNĐ to support economy

19:57 | 04/01/2022 Finance

The State Bank of Việt Nam (SBV) and the State Treasury of Việt Nam have injected hundreds of trillions of Vietnamese đồng into the market through foreign currency purchases from commercial banks.

Looking forward to funding for the year-end crop

09:43 | 31/10/2021 Import-Export

VCN – As the end of the year approaches, the capital demand of enterprises will increase due to urgent completion of orders and preparation of the business year in 2022. Therefore, sufficient capital and the easier access capital are necessary for enterpr

SBV issues new decision on interest rates of required reserve deposits

20:00 | 27/08/2021 Finance

The State Bank of Vietnam (SBV) has issued a Decision 1349/QD-NHNN on interest rates applicable to reserve requirement deposits and excess reserves of credit institutions and foreign banks’ branches in the SBV.

SBV demands interest rate reduction this month

19:07 | 10/07/2021 Finance

Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has asked the Vietnam Banks Association (VNBA) to campaign lenders to slash interest rates immediately this month.