Vietnam c.bank committed to ensuring stability of monetary market
The State Bank of Vietnam is ready to sell foreign currency to ensure forex market stability if necessary.
15:13, 2020/03/17
Vietnam to rely on macroprudential measures to soften Covid-19 economic shock: Fitch
Fitch Solution revised its forecast for Vietnam’s credit growth to come in at 11% in 2020, from 12.50% previously.
10:37, 2020/03/17
Vietnam c.bank cuts policy interest rates after Fed's move
The cut is made to refinancing interest rate, discount interest rate, and interest rate applicable to overnight loans, starting effective from today.
16:32, 2020/03/16
Fed’s rate cut offers opportunity for Vietnam stock market
With greater liquidity, investors would look for markets deemed safe with less negative impacts from the Covid-19 epidemic.
14:21, 2020/03/16
Vietnam banks restructure debt maturities worth over US$930 million for customers
Local lenders are considering waiving interest rates of outstanding loans worth VND185 trillion (US$7.94 billion) for 34,350 customers.
16:23, 2020/03/05
Vietnam’s credit growth remains low despite strong support from banks
The deceleration of credit growth in the two-month period showed difficulties that enterprises are facing as some have to scale down operations due to impacts of the Covid-19 epidemic.
13:30, 2020/02/22
IFC increases trade finance limits to support Vietnamese businesses amid Covid-19
The increased total limit of US$294 million will enable these banks to improve their capacity to cover payment risk in granting trade financing to local companies, mostly small and medium enterprises.
13:57, 2020/01/23
Total assets of banks in Vietnam swell 9.12% to over US$518 billion
Total assets of commercial banks under state ownership accounted for 42.7% of the total in the banking sector, followed by joint stock commercial banks with 41.6%.
11:05, 2020/01/01
Vietnam’s credit growth estimated at 13.7% in 2019
There has been a positive shift in the credit structure that provides strong support to economic growth, with a major part of outstanding loans channeled to priority fields.
14:43, 2019/12/24
State firms make up 5% of total corporate loans in Vietnam
A major proportion of bank loans are provided for the business community, particularly the private sector and individuals.