Central bank to resume gold bar bidding after 11 years
April 16, 2024 | 16:25
The State Bank of Vietnam (SBV) will resume gold bar bidding after 11 years, aiming to increase the supply of gold to the market, promptly and immediately settle the high difference in domestic and international gold prices, thus ensuring the gold market operates in a safe and stable, healthy, open, transparent and effective manner in accordance with the Prime Minister's direction.
Central bank policies will address modest slowdown
January 23, 2024 | 11:47
The global economy currently presents a complex landscape, marked by both challenges and opportunities. From the modest slowdown in global growth to the burgeoning economic sectors in various regions, the picture is as varied as it is interconnected.
Expert predictions on forex in 2024
January 15, 2024 | 18:45
A moderate exchange rate movement is forecast for this year.
Banks remain prudent about 2024 targets
January 12, 2024 | 15:40
Despite seeing billion-dollar profits in 2023, many banks remain cautious about their 2024 business targets amid the current economic vulnerabilities.
Central bank promotes consumer lending
December 25, 2023 | 13:00
The State Bank of Vietnam (SBV) has requested credit institutions and branches of foreign banks to boost consumer lending as part of efforts to prevent loan sharks who have targeted vulnerable people.
Central bank at the helm of shaping sustainable ambition
December 04, 2023 | 09:16
With the requirement that socioeconomic development must go hand-in-hand with environmental protection and sustainable development, Vietnam is actively participating in international commitments on reducing greenhouse gas emissions and minimising the impact of climate change.
Central bank asks credit institutions to reduce interest rates
July 03, 2023 | 17:05
The State Bank of Vietnam (SBV) has sent a document to credit institutions and branches of foreign banks and SBV in provinces and centrally-run cities regarding the reduction of interest rates.
Interest rate cuts alone deemed insufficient
June 06, 2023 | 15:00
Members of the business community and experts are weighing up the diverse aspects of interest rate reductions, focusing on measures to ensure future growth.
Falling interest rates likely in H2
May 26, 2023 | 16:09
Interest rates are likely to soften in the coming months, citing several factors in both the domestic and international markets.
Central bank starts huge credit package for social housing projects
April 04, 2023 | 14:58
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 forecast to expand credit growth to 16 per cent
September 03, 2022 | 13:08
The State Bank of Viet Nam (SBV) might have to extend credit growth for the whole year 2022 to 16 per cent and grant more credit quotas to commercial banks in the near future as the pressure to loosen the credit room is strong, analysts forecast.
Inflation in Indonesia, Thailand on the rise
April 05, 2022 | 15:17
Indonesia’s inflation in March 2022 reached 0.66 percent month-to-month, according to Statistics Indonesia (BPS).
Banking sector to maintain the lifeblood of the economy
February 22, 2022 | 13:16
Top bank leaders have discussed their development trajectories for the new year to successfully meet all economic goals set for 2021-2025.
How the central bank can get to grips with dipping rates and economic turbulence
July 01, 2021 | 09:00
As global central banks begin to neutralise loosened monetary policy, such as the Fed lowering rates, this is seen as positive signals as the world economy gradually recovers, minimising the risk of global economic crisis.
Banks to make provisions for COVID-19 affected loans this year
January 24, 2021 | 10:04
Banks will have to set aside money for potentially unrecoverable COVID-19 affected loans from this year, according to an amended circular drafted by the State Bank of Vietnam (SBV).
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