Việt Nam’s currency stable despite global uncertainties

Vietnam News | 24/04/2023 4:25:28 PM

Though the global financial market has seen uncertainties this year, Việt Nam's currency and foreign exchange markets have remained stable.

Overnight interbank interest rate surges in week

Vietnam News | 10/04/2023 2:17:26 PM

The average overnight interbank interest rate surged on April 6 by 0.20-1.22 percentage points for all terms under one month to reach 4.47 per cent per year after declining significantly at the end of March, according to the latest data by the State Bank of Việt Nam (SBV).

Việt Nam’s banking system shows signs of money surplus

Vietnam News | 10/04/2023 2:16:35 PM

Việt Nam’s banking system is showing signs of returning to a period of money surplus.

HoREA proposes credits for real estate firms to pay for maturing bonds

Vietnam News | 04/04/2023 4:38:26 PM

The HCM City Real Estate Association (HoREA) has proposed commercial banks lend to real estate firms so they can fund maturing bond obligations amid ongoing market turbulence.

SBV asks to issue revised decree on foreign ownership cap at VN banks

Vietnam News | 01/04/2023 1:06:43 PM

The State Bank of Việt Nam (SBV) has asked the Government to issue a revised decree on foreign investors buying shares from Vietnamese credit institutions.

Vietcombank must maintain key role in Việt Nam's banking system: PM

Vietnam News | 01/04/2023 1:05:33 PM

PM Chính's remarks were delivered during the 60th anniversary celebration of the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) in Hà Nội, where the bank was also honoured with the 'Labour Hero' title.