Central bank responds to US Treasury labelling Vietnam as currency manipulator
Vietnam gives priority to a stable and sustainable trade-economic relation with the US, and will continue to work towards a harmonious and fair-trade relations under the bilateral action plan, stated the country’s central bank.
15:48, 2020/48/03
Central Bank warns of illegal forex trading
Investments in forex trading platforms, seen as illegal, would not be protected by law, said a senior official of the central bank.
11:04, 2020/04/19
IMF raises Vietnam GDP forecast to 2.4% in 2020, among world’s highest
Vietnam’s growth is projected to strengthen further to 6.5% as normalization of domestic and foreign economic activity continues, stated the IMF.
16:40, 2020/40/17
Five priorities of Vietnam c.bank under new governor
The banking sector should be a pioneer in the digital transformation process, Prime Minister Nguyen Xuan Phuc has said.
17:24, 2020/24/11
ASEAN urged to enhance cooperation to stay strong in Covid aftermath
The ASEAN way against the pandemic is an inspiration for the world to foster global cooperation and build a better world, stated the IMF managing director.
08:39, 2020/39/09
Former central bank governor disciplined for wrongdoing
Under Nguyen Van Binh's watch, many officials had violated law and been punished for criminal charges.
11:19, 2020/19/01
Vietnam c.bank cuts policy rates, the fourth time in 2020
The interest rate cap for deposits with maturities of one month to less than six months has been lowered to 4% annually from 4.25%.
17:33, 2020/33/18
Vietnam c.bank reportedly buys in US$2 billion past weeks
This resulted in more than VND46 trillion (US$2 billion) being pumped into the economy.
17:43, 2020/43/25
S.Korea Kookmin injects US$100 million in Vietnam branches
Kookmin Bank’s decision to raise its branches’ registered capital in just a short period of time indicates the bank is optimistic about business prospects in Vietnam.
16:10, 2020/10/13
Vietnam’s solid macro-economic base enables c.bank to further cut policy rates
Lower policy rates would enable commercial banks to cut interest rates in a more sustainable way, which in turn contribute significantly to economic recovery, said a central bank official.
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