Vietnam c.bank consider to provide refinancing loans for Vietnam Airlines’ lenders
Under the draft circular, the SBV would provide refinancing loans worth a maximum of VND4 trillion (US$172.85 million) for credit institutions being the carrier’s lenders.
15:29, 2021/03/03
Vietnam needs a legal framework to manage cryptocurrency
Vietnamese laws have not accepted cryptocurrency as a medium of exchange in the country.
15:38, 2021/02/16
Banks stocks set for strong growth in 2021
Banking sector is set to post a strong growth of 21-28% year-on-year in pre-tax profit in 2021, subsequently leading to higher value of banks stocks.
14:51, 2021/01/28
Vietnam c.bank stands firm on keeping macro-economic stability
A stable macro-economic environment is essential for Vietnam to ensure economic independence and boost its resilience against external shocks.
11:18, 2021/01/27
Vietnam banks are confident in business outlook in 2021
As the government looks to push for public investment and the central bank keeps a low interest rate environment to aid economic growth, banks are expected to be the first beneficiaries from an economic rebound.
15:12, 2021/01/11
Vietnam Central Bank targets credit growth at 12% in 2021
The State Bank of Vietnam aims to keep the inflation rate below 4% this year to ensure the stability of the monetary and foreign exchange markets.
17:16, 2021/01/07
Vietnam credit growth set to return to pre-Covid-19 level in 2021
The State Bank of Vietnam (SBV), the country’s central bank, could promote a reduction in financing costs and lower borrowing costs to help ease hardship for businesses.
12:04, 2021/01/05
Vietnam Gov’t announces measures to boost economic growth in 2021
Government agencies continue to tighten procedures of issuing new legal documents related to business conditions, administrative procedures and specialized inspection to create a favorable and transparent business environment.
17:53, 2020/12/26
Prime Minister urges banks to further cut interest rates
The Central bank has lowered its interest rate cap three times by a combined of 1.5-2 percentage points per annum, which is the largest cut in the region.
16:36, 2020/12/26
Vietnam, Japan in favourable conditions to further investment, trade relations: Amb.
The Japanese Ambassador lauded the comprehensive and strategic partnership between Vietnam’s state-run Vietinbank and Japan-based MUFG Bank over the years, which has served as a bridge for two business communities to boost trade and investment cooperation.