Growing foreign interest in Vietnam Railways
July 15, 2022 | 19:14
More international businesses are seeking opportunities in Vietnam’s railway industry, bringing high hopes for its new improvements ahead.
VN-Index rebounds, propped up by PMI data and interest cuts
July 02, 2020 | 09:01
Vietnam’s benchmark VN-Index surged on Wednesday after a six-day losing streak as investor sentiment improved following solid data of PMI in June and steep cuts in interest rates of some banks.
Exchange rates to follow market rules
February 25, 2013 | 09:05
State Bank of Vietnam (SBV) Governor Nguyen Van Binh has said exchange rates in 2013 will be adjusted in accordance with market practices.
Banks look to cash in on higher credit growth
January 23, 2013 | 14:23
Commercial banks are trying to increase credit growth this year as the State Bank has given them a target of 12 per cent.
Thinking out of the square
January 15, 2013 | 16:00
The State Bank has confirmed the ceiling deposit rate scheme will continue to be applied in 2013. Senior economic expert Bui Kien Thanh looks at ways to ease lending rates without resorting to the use of ceiling rates.
Interest rates tipped to head further south this year
January 08, 2013 | 15:57
Positive monetary policies last year are expected to help cut interest rates in 2013.
SBV takes aim at macro stability
January 03, 2013 | 10:43
With 2013 knocking on the door, in an interview with VIR, State Bank Governor Nguyen Van Binh expressed the State Bank of Vietnam’s (SBV) determination to ensure macroeconomy stability in the coming year.
Interest rates adjusted down
December 25, 2012 | 10:04
The State Bank late last week cut down its base and benchmark interest rates, allowing commercial banks to further slash lending rates this week.
Clear heads need to prevail in banking crisis
December 12, 2012 | 11:20
Thailand’s banking system has rebounded strongly from the country’s 1997 financial crisis. On the sidelines of the recent East Asia Conference for Financial Stability in Hanoi, Bank of Thailand assistant governor Salinee Wangtal told VIR’s Trinh Trang about lessons that Thailand’s bankers learned on implementing monetary policies after the crisis.
Interest rates set to be fired up
December 03, 2012 | 10:10
The government is hinting that it would try to lower lending interest rates to boost economic growth.
This comes as the consumer price index stabilises to single digits, but officials still stress that inflation control is the top priority next year.
Deposit rate cap poised for another cut
July 31, 2012 | 09:52
Governor Nguyen Van Binh of the State Bank of Vietnam signaled the ceiling deposit rate could be reduced by another percentage point this year if inflation continued to stay low.
Local banks resume gold mobilising
July 26, 2012 | 15:57
Many credit institutions have resumed mobilising gold with an annual interest rate of around 1 per cent from nearly 0 per cent since July 24.
Customers to strike while the iron is hot
July 18, 2012 | 15:29
Bankers and developers are trying their best to get customers back into the residential market.
A range of bankers like BIDV, Vietinbank and Vietcombank have announced their credit support packages for house buyers with interest rates from 12 to 14 per cent, per year.
It’s horses for courses for banks
July 17, 2012 | 16:00
Industry players are taking different approaches to banking authorities’ loan interest rate cuts.
Lower interest rates boost real estate market
June 20, 2012 | 14:44
Since the State Bank of Vietnam started to lower the interest rate early this year, many banks have also lowered their lending rates, fueling the real estate market.
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