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Vietnam welcomes US move not to change bilateral trade policyicon
POLITICS8 hours ago0

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.

 
Delicate balance needed to address Vietnam’s property risks: HSBCicon

Delicate balance needed to address Vietnam’s property risks: HSBC

BUSINESS
20/06/2021

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 riskyicon

Bank deposit interest rates up, as stock market, real estate investing risky

BUSINESS
15/06/2021

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 2025icon

Transactions made via digital channels to reach 70% by 2025

BUSINESS
19/05/2021

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 debtorsicon

Illegal cryptocurrency exchanges turn investors into debtors

SOCIETY
16/05/2021

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 sectoricon

PM orders control over capital poured into property sector

BUSINESS
21/04/2021

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.

Vietnam applauds positive adjustment in US Treasury Department’s reporticon

Vietnam applauds positive adjustment in US Treasury Department’s report

BUSINESS
18/04/2021

The US Treasury has removed Vietnam  from the list of countries labeled as currency manipulators.

Central bank expected to grant gold import licenseicon

Central bank expected to grant gold import license

BUSINESS
03/03/2021

Vietnamese people are overpaying to own a same amount of gold as their international peers, said an expert.

Flexible, cautious monetary policy management bears fruiticon

Flexible, cautious monetary policy management bears fruit

BUSINESS
10/01/2021

Vietnam’s economy was adversely affected by the COVID-19 pandemic in 2020, along with natural disasters and the impact of trade conflicts.

Experts explain why Vietnam should not be considered “currency manipulator”icon

Experts explain why Vietnam should not be considered “currency manipulator”

BUSINESS
28/12/2020

The U.S. Department of Treasury’s decision to label Vietnam as a “currency manipulator” is not satisfactory given the country’s real conditions.

US’s branding of Vietnam as money manipulator biased: Expertsicon

US’s branding of Vietnam as money manipulator biased: Experts

BUSINESS
22/12/2020

The US Treasury Department’s labelling of Vietnam as a currency manipulator is biased, as it is only based on US standards and lacks suitable consideration as well as recommendations from international organisations, according to experts.

Vietnam likely to have debt exchangeicon

Vietnam likely to have debt exchange

BUSINESS
13/12/2020

The State Bank of Vietnam has asked the Vietnam Asset Management Company (VAMC) to come up with a plan to establish a debt exchange and submit it to the competent agencies for approval.

Central Bank expected to cut key rate to aid economyicon

Central Bank expected to cut key rate to aid economy

BUSINESS
07/12/2020

The inflation in 2020 is forecast at 3.3%, significantly lower than the target of 4% set by the government.

Black credit with interest rates of up to 1,400% per annum bleed borrowers dryicon

Black credit with interest rates of up to 1,400% per annum bleed borrowers dry

BUSINESS
09/11/2020

It is now easier than ever to borrow money through apps, but paying back the debts can be difficult since interest rates can be 700-1,400 percent per annum.

As bank deposit interest rates fall, people prefer investing in real estateicon

As bank deposit interest rates fall, people prefer investing in real estate

BUSINESS
28/09/2020

Individual investors are increasingly buying real estate bonds and land rather than depositing money in banks, which have reduced interest rates on deposits.

Banks ask for higher credit quota to prepare for peak lending seasonicon

Banks ask for higher credit quota to prepare for peak lending season

BUSINESS
20/09/2020

Despite a credit slowdown in the first half of 2020, some private commercial banks have still asked the State Bank of Vietnam (SBV) for a credit growth expansion to prepare for a peak lending season expected at the end of the year.

VN State Bank designs 'sandbox' for P2P lendingicon

VN State Bank designs 'sandbox' for P2P lending

BUSINESS
09/07/2020

Peer to peer lending (P2P Lending) will become legal in Vietnam after a draft decree on fintech management is compiled.

Vietnam sees positive cash flow from foreign investorsicon

Vietnam sees positive cash flow from foreign investors

BUSINESS
02/07/2020

The dollar price has decreased since the second half of March, with the dong/dollar exchange rate in the interbank market falling to VND23,200 per dollar last week.