State Bank of Vietnam (SBV)

Credit package of VND120 trillion: must be disbursed as soon as conditions are met

10:21 | 18/03/2024 Finance

Only 28 out of 63 provincial People's Committees have sent documents or announced the list of projects participating in the VND120 trillion credit package

Reduce operating interest rates to promptly support businesses

10:11 | 28/03/2023 Finance

For the first time in two years, the State Bank of Vietnam (SBV) has decided to cut some operating interest rates from 0.5-1%. According to experts, this is a very flexible and timely decision.

Banks race to raise charter capital

09:17 | 02/09/2022 Finance

A number of banks have been approved by the State Bank (SBV) to increase charter capital as well as plan to increase charter capital in the near future.

The banking sector continues to promote system restructuring and bad debt handling

15:58 | 17/08/2022 Finance

The financial potential of the entire credit institution system in Vietnam is still low, so the SBV has continued to issue an action plan on restructuring the system associated with bad debt settlement in 2021-2025.

Banks' bad debt continues to increase

09:56 | 30/11/2021 Finance

Not only wanting to legislate Resolution 42 on dealing with bad debts, banks also expect a more developed debt trading market, with a mechanism to support banks in handling bad debts effectively.

It is necessary to promulgate the revised Law on Insurance Business

20:00 | 17/09/2021 Finance

Minister of Finance Ho Duc Phoc gave a presentation about the Government's proposal on the draft of revised Law on Insurance Business at the third meeting of the National Assembly Standing Committee.

Amending Circular 03: Extending debt restructuring period, not extending provisioning

10:00 | 30/08/2021 Regulations

According to the draft amendment to Circular 03/2021/TT-NHNN, the debt restructuring period will be extended to June 30, 2022 instead of the current end of 2021

State Bank wants to 'legalize' bad debt handling

20:04 | 14/08/2021 Finance

The State Bank of Vietnam (SBV) has officially proposed a Law on Handling Bad Debts of Credit Institutions (CIs), when the Covid-19 pandemic may increase bad debts

Will exchange rate movements at the end of the year stay stable?

15:20 | 18/07/2021 Finance

In the first six months of 2021, the USD/VND exchange rate continued to remain stable when the central exchange rate only increased by 0.2% compared to the beginning of the year.

Interest will be adjusted based on the market and each bank

15:56 | 24/06/2021 Finance

The State Bank of Vietnam (SBV) has experience in dealing with different price increases in the world, so it will have an appropriate interest rate management policy.

Many incentives but do firms really enjoy low lending rates?

13:51 | 21/05/2021 Finance

The credit demand of businesses is increasing as the economy is active again, so it is likely to impact lending rates at banks.

Interest rate can set new ground: Going up or down?

09:53 | 10/04/2021 Finance

Forecasts show that interest rates will establish new ground in the second quarter of 2021. Meanwhile, many said that the economy still has many problems that could push interest rates up.

How are 17 important banks doing business in 2021?

09:59 | 06/04/2021 Finance

Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has just approved 17 credit institutions and branches of foreign banks by 2021.

Export credit packages: motivation for businesses in difficult times

11:34 | 16/01/2021 Import-Export

Under the impact of the Covid-19 pandemic, many enterprises operating in the import and export sector face many difficulties

The SBV suddenly reduces interest rates of required reserves

10:27 | 10/08/2020 Finance

The State Bank of Vietnam (SBV) announced the decision on reducing a number of operating interest rates with a decrease of 0.2 – 0.5% per year.