Vietnam's central bank to inspect gold trading practices
Administrative measures, such as market audits, mandatory electronic invoicing, and investigations into price manipulation, would have an immediate stabilizing effect on the gold market.
13:08, 2024/01/09
PM calls on banking sector to meet economy's capital needs
The main goal of the banking sector is to support economic growth while controlling inflation, contributing to the stability of the macro-economy, the monetary and foreign exchange markets, and financial security.
10:27, 2024/01/07
Over US$82 billion to be pumped into Vietnam’s economy this year: SBV
A reduction in interest rates is expected to fuel better credit performance in 2024 compared to last year.
20:30, 2023/09/21
Greening finance accelerates Vietnam's SDG implementation
The banking sector assumes a vital role in introducing innovative financial instruments and suitable investment methodologies to enable Vietnam to achieve its net-zero emissions goal by 2050.
15:47, 2023/05/05
Vietnam’s c.bank buys US$5 billion since early 2023
Vietnam's foreign reserves could reach $102 billion by year's end.
14:58, 2023/01/14
Vietnam's foreign reserves to return to US$100-billion mark by year-end
During the first 10 months of 2022, the State Bank of Vietnam (SBV) was forced to sell an estimated 20% of total foreign exchange reserves to stabilize the exchange rate.
16:43, 2022/12/28
Vietnam's credit growth expands nearly 13% in 2022
Banks' lending continues to be channeled into priority economic fields rather than high-risk ones, such as real estate or the stock market.
15:40, 2022/10/18
Central bank widens USD/VND exchange rate band to 5%
The central bank is ready to sell foreign currency to stabilize the market if needed.
21:41, 2022/10/10
Nearly 90% of banks expect profit in 2022
Most banks expected better business results for the fourth quarter and the whole year.
16:13, 2022/07/25
Credit demand set to grow in the final half of 2022
In the last half of 2022, banks may ease loan conditions so that more customers could access credit, given the positive economic outlook and their improving financial capacity.