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Update news SBV
The State Bank of Vietnam (SBV) has issued a circular guiding certain provisions of the Law on Money Laundering Prevention and Control.
The Government has assigned the Ministry of Finance to study a proposal to allow the State Bank of Vietnam to guarantee payment of bank bonds, just like with bank deposits.
Vietnamese businesses anticipate some relief as the central bank slashes interest rates, with credit growth expected to accelerate in the second half of 2023.
The State Bank of Vietnam (SBV), the country’s central bank, announced on Monday that all the remaining credit growth quotas had been allocated for commercial banks, thus sending the total for this year to 14%.
After the State Bank of Vietnam (SBV) brought down its policy interest rates for the third time in late May, liquidity in the stock market started to vastly improve.
The State Bank of Vietnam (SBV) has sent a document to credit institutions and branches of foreign banks and SBV in provinces and centrally-run cities regarding the reduction of interest rates.
The State Bank of Vietnam (SBV) has issued a new circular banning commercial banks from providing loans for the purpose of depositing money at other banks, buying gold, or refinancing existing debts.
The State Bank of Vietnam (SBV) has cut regulatory interest rates for four consecutive times since the beginning of this year, in the context that world interest rates continue to rise and stay at a high level.
The State Bank of Vietnam (SBV) is cutting down a series of key interest rates by 0.25%-0.5% from June 19, which is expected to make a double impact on the economy thanks to stronger credit activities and higher liquidity.
The State Bank of Vietnam (SBV) has delivered cuts to its policy rate three times in less than three months, each time of 50 basis points, to assist the country’s economic growth via the credit channel.
The State Audit Office of Vietnam has issued a warning that credit growth in high-risk areas exceeded overall growth in 2022, and the credit-to-GDP ratio now poses potential risks.
The Government has asked the State Bank of Viet Nam to reduce regulatory interest rates and complete the allocation of credit limits this month with a focus on removing enterprises' difficulties in accessing credit.
The draft law on credit institutions (amended) stipulates early intervention measures in some cases to help prevent banks from falling into insolvency and massive money withdrawals, which occurred with SCB Bank recently.
Deputy Governor of the State Bank of Vietnam (SBV) Pham Thanh Ha has said that interest rates will continue to decrease to help enterprises and the national economy recover.
The State Bank of Vietnam (SBV) has, for the third time this year, decided to ease some operating interest rates in an effort to force down commercial lending interest rates.
The Governor of the State Bank of Vietnam (SBV) sent important messages about monetary policies at a meeting with businesses held by SBV and HCM City People’s Committee late last week.
The State Bank of Vietnam announced on Tuesday it will cut its policy rates again to prop up economic growth.
The State Bank of Vietnam (SBV) has announced two decisions to further reduce policy interest rates, which will become effective from May 25, 2023.
Reducing interest rates, maintaining interest subsidies, hiking credit limits, and providing unsecured loans to manufacturing businesses are among the demands made by businesses in the south-eastern region to the State Bank of Vietnam (SBV).
A solution to economic growth that the Government has doubled down on is to spur public investment, with major infrastructure projects given a focus. Such efforts have yet to pay off. What is the problem?