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Vietnam news in brief - October 19
Read The Hanoi Times' news in brief to stay up to date on developments in Vietnam.
21:53, 2024/05/04
PM urges Central bank to ensure positive growth in 2024
Local lenders are encouraged to provide incentives and attract individuals to take out consumer loans.
21:54, 2024/04/23
3,400 taels of gold purchased at the first-in-11-year auction
Gold trading firm SJC and lender ACB are the two successful bidders at the auction held today.
21:31, 2024/04/15
Central bank to auction gold to calm domestic market
Domestic gold prices have surged in recent weeks amid rising geopolitical tensions.
17:51, 2023/11/08
Vietnam not a currency manipulator, says US Treasury
However, Vietnam was placed back on a US Treasury currency "watch list".
17:00, 2023/08/26
Vietnam joins the ASEAN Regional Payment Connectivity
The initiative aims to make cross-border transactions faster, more transparent and cost-efficient, and assure benefits and obligations of consumers.
20:03, 2023/04/25
Banks to keep lowering interest rates: Deputy governor
After the last two interest rate cuts, lending rates on the market have fallen to below 8% per annum.
19:13, 2023/04/04
Central bank buys US$4 billion of currencies in Q1
Amidst the global uncertainties, the Central Bank has been buying back foreign currencies to ensure an adequate trade balance and economic stability.
15:20, 2022/11/12
Vietnam excluded from US Treasury's monitoring list
Vietnam is among five economies removed from the monitoring list for "having met only one out of three criteria for two consecutive reports."
16:45, 2022/10/01
Central bank raises forex rate fourth time in 2022
The move is aimed to ease the pressure of a stronger US dollar on international markets.
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