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.
16:47, 2020/03/13
Enterprises in Vietnam get greenlight for 5-month tax deferral
Over 93% of enterprises in Vietnam would benefit from such a prolongation.
15:54, 2020/02/25
Vietnam c.bank aids businesses hurt by Covid-19
Restructuring debt maturities would be considered upon requests from customers and assessment from the banks regarding borrowers’ financial capabilities and their losses.
12:12, 2020/02/07
Vietnam banks pledge to support business sectors hit by nCoV
The central bank is willing to support liquidity for credit institutions, if needed, as they start providing financial support for the economy.
12:37, 2020/02/05
Vietnam c.bank lends a hand to companies hurt by nCoV
Banks could consider restructure debt payment period or lower interest rates for enterprises and individual customers facing difficulties from the epidemic.
01:50, 2019/12/24
Vietnam banks' capital to remain weak after Basel II delay: Fitch Ratings
Fitch analysts were upbeat about continued strong economic growth in Vietnam, which makes near-term stress unlikely and underpins their stable outlook for the banking sector.