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SBV
The mechanism of granting credit room for each commercial bank is often called an administrative order by experts and it was proposed to remove this mechanism five to seven years ago after banks made new strides in the restructuring process.
FED raises interest rates, VN central bank gives message about exchange rate
Central bank stands ready to pump more foreign currencies to market: official
HCM City asks to tighten credit in high-end property
VN central bank sells US dollar forward for first time since 2018
VN Central Bank to establish new State Foreign Exchange Reserve Management Department
The State Bank of Vietnam (SBV) intends to establish the State Foreign Exchange Reserve Management Department due to the rise in foreign currency reserves.
Currency approval boosts SBV policy
Reports from the US Treasury Department reaffirming that Vietnam is not manipulating its currency for trade advantage is expected to benefit the stock and banking system.
C.bank expands credit quota for banks to meet growing credit demands
Many banks have reached their respective credit limits in the first nine months of 2021.
Vietnam c.bank to review draft policies on national digital currency
The move is part of a national strategy to promote non-cash payment in Vietnam in the 2021-2025 period.
State Bank, Transport Ministry top 2020 cyber security readiness rankings
The State Bank and the Ministry of Transport led ministries and ministry-level agencies in the cyber security readiness rankings in 2020,
NA Deputy warns of property bubbles
State Bank of Vietnam Governor Nguyen Thi Hong has sent a document replying to Ha Sy Dong, a National Assembly Deputy from the central province of Quang Tri, who spoke about property bubbles at the first session of the 15th NA on July 25.
State Bank agrees to extend debt rescheduling for six months
The State Bank of Vietnam (SBV) has agreed to extend debt rescheduling for customers for a further six months.
Vietnam welcomes US move not to change bilateral trade policy
Vietnam welcomes the US’s latest decision not to take any trade action against the nation concerning the Vietnam Currency Section 301 investigation.
Banking agents: caution will not create breakthrough
State Bank of Vietnam is drafting a decree on non-cash payments which will replace Decree 110/2014. One of the expected policies of the decree is on payment agents, or banking agents.
Vietnam, U.S. reach agreement over U.S.’s designation of Vietnam as currency manipulator
The U.S. Department of the Treasury and the State Bank of Vietnam (SBV) have reached an agreement over the former’s designation of Vietnam as a currency manipulator.
Delicate balance needed to address Vietnam’s property risks: HSBC
The State Bank of Vietnam (SBV) is facing a delicate balance of curtailing excessive lending to real estate developers while reducing imminent Covid-19 risks to the sector, according to HSBC.
Bank deposit interest rates up, as stock market, real estate investing risky
Depositing money at banks is currently the safest and most profitable investment channel, as Covid-19 developments remain complicated and the stock market is "hot" and, thus, risky.
Transactions made via digital channels to reach 70% by 2025
The Vietnamese government will support boosting the application of new payment methods to achieve the digital transformation goals of the banking industry.
Illegal cryptocurrency exchanges turn investors into debtors
All foreign exchange (forex) trading activities in Vietnam are illegal as the authorities have not issued license for any forex trading floor.
PM orders control over capital poured into property sector
Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to closely control the capital injected into the real estate sector to prevent property speculation and ensure that property projects meet the demands of residents.
