interest rate

Latest News about interest rate

COVID-19 woes to weigh on credit growth even with lower interest ratesicon
BUSINESS24/04/20200

COVID-19 woes to weigh on credit growth even with lower interest rates

Vietnam’s credit growth is forecast to slow to only 8 percent in 2020 from 13.7 percent last year due to a sharp slowdown in economic activity amid the COVID-19 pandemic.

 
Covid-19 crisis challenges banksicon

Covid-19 crisis challenges banks

BUSINESS
18/02/2020

Some commercial banks have announced lower lending interest rates to help their clients overcome the difficulties caused by coronavirus (Covid-19) crisis.

Interest rate cuts weighed for borrowers affected by coronavirusicon

Interest rate cuts weighed for borrowers affected by coronavirus

BUSINESS
06/02/2020

Vietnam’s central bank has asked commercial banks to promptly adopt measures to support their customers in the wake of the coronavirus outbreak, including rescheduling repayments and revising down interest rates.

Vietnam's monetary market 2019: earlier forecasts missed the markicon

Vietnam's monetary market 2019: earlier forecasts missed the mark

BUSINESS
18/12/2019

When the State Bank of Vietnam (SBV) late last week slashed the dollar purchase price, the greenback prices quoted by commercial banks were adjusted immediately.

Profit of VN banks soar againicon

Profit of VN banks soar again

BUSINESS
26/11/2019

Reporting high profits, Vietnamese commercial banks have once again lifted concerns about profit growth limits.

G-bond issuance meets 73 percent of yearly planicon

G-bond issuance meets 73 percent of yearly plan

BUSINESS
21/11/2019

The State Treasury has mobilised more than 182.4 trillion VND (7.88 billion USD) through Government bond auctions on the Hanoi Stock Exchange (HNX) so far this year, fulfilling 73 percent of the yearly plan.

Vietnam’s bond market grows 1.9% in Jan-Sep, reaching US$55 billionicon

Vietnam’s bond market grows 1.9% in Jan-Sep, reaching US$55 billion

BUSINESS
20/11/2019

This expansion was due mainly to a 4% on-quarter growth in government bonds to US$51 billion as the central bank increased issuance of bills.

VN Central Bank cuts interest rate in cautious stepicon

VN Central Bank cuts interest rate in cautious step

BUSINESS
30/09/2019

Applauding the State Bank of Vietnam’s move to cut the prime interest rate, experts said the 0.25 percentage point cut, however, is relatively modest.

Vietnam’s forex reserves peak at $70 billionicon

Vietnam’s forex reserves peak at $70 billion

BUSINESS
29/09/2019

After two big purchases of foreign currencies in the first four months of the year and from July until now, Vietnam’s forex reserves reached the highest level, now at $70 billion.

Taxes, loan interest rates burden VN enterprisesicon

Taxes, loan interest rates burden VN enterprises

BUSINESS
29/08/2019

While the EVFTA and CPTPP have paved the way for Vietnamese enterprises to penetrate the world market, high taxes and interest rates have blocked their path.

Asian central banks slash interest rates, and Vietnam may followicon

Asian central banks slash interest rates, and Vietnam may follow

BUSINESS
22/08/2019

Analysts believe that the State Bank of Vietnam (SBV) should follow the move of other central banks to cut interest rates. This would help ease the burden on businesses.

Forex reserves reach highest level to dateicon

Forex reserves reach highest level to date

BUSINESS
05/07/2019

The State Bank of Vietnam (SBV) obtained a large amount of foreign currencies in the first half of 2019, pushing foreign exchange reserves recorded in the period to the highest level to date.