State Bank of Viet Nam

Latest News about State Bank of Viet Nam

Interest rate for home loans forecast to stay low in 2021icon
BUSINESS05/12/20200

Interest rate for home loans forecast to stay low in 2021

Since the outbreak of the COVID-19 pandemic in January, the State Bank of Viet Nam (SBV) has slashed rates three times.

 
More monetary easing measures forecast in 2020icon

More monetary easing measures forecast in 2020

BUSINESS
03/06/2020

The State Bank of Vietnam (SBV) is expected to further take monetary easing measures to support the country’s GDP growth target of above 5 per cent this year in light of a weak economic outlook, experts forecast.

Stock market may not enjoy lower lending rate impact: analystsicon

Stock market may not enjoy lower lending rate impact: analysts

BUSINESS
02/06/2020

The recent interest rate cuts by the State Bank of Vietnam (SBV) have little impact on the Vietnamese stock market.

Two more payment intermediary services licensed in Viet Namicon

Two more payment intermediary services licensed in Viet Nam

BUSINESS
20/05/2020

The State Bank of Viet Nam (SBV) has issued licences to two non-banking organisations to provide intermediary payment services.

VN banks eye post-pandemic business opportunitiesicon

VN banks eye post-pandemic business opportunities

BUSINESS
19/05/2020

Banks are ready to seize business opportunities in the coming months as the COVID-19 pandemic has been basically controlled in Vietnam and domestic production and business are expected to accelerate soon.

VN credit institutions recover nearly $1.2b of bad debts in Q1 2020icon

VN credit institutions recover nearly $1.2b of bad debts in Q1 2020

BUSINESS
15/05/2020

Credit institutions in Viet Nam settled more than VND26.94 trillion (US$1.17 billion) of non-performing loans (NPLs) in the first quarter of this year.

State Bank of HCM City sets up hotline to support businessesicon

State Bank of HCM City sets up hotline to support businesses

BUSINESS
20/04/2020

The State Bank of Viet Nam's branch in HCM City has set up a hotline (028) 38.211.230 to provide assistance to enterprises, especially for those badly affected by the COVID-19 pandemic.

Mobile money project to be submitted to the Government this monthicon

Mobile money project to be submitted to the Government this month

BUSINESS
16/04/2020

Telecommunications providers like VNPT, Viettel and MobiFone will join in the payment market.

VN banks offer aids to 44,000 COVID-19 affected customersicon

VN banks offer aids to 44,000 COVID-19 affected customers

BUSINESS
03/03/2020

Credit institutions have so far supported more than 44,000 COVID-19 affected customers following directions from the State Bank of Viet Nam (SBV), an official reported on Monday.

VN central bank makes net cash withdrawal amidst high inflation pressureicon

VN central bank makes net cash withdrawal amidst high inflation pressure

BUSINESS
19/02/2020

The State Bank of Vietnam made a net cash withdrawal worth VND86 trillion out of the economy through open market operations (OMO) from January 20 to February 14.

Banks to provide support to customers affected by coronavirusicon

Banks to provide support to customers affected by coronavirus

BUSINESS
06/02/2020

The State Bank of Vietnam has asked credit institutions to prepare capital sources to meet borrowing demand and provide support to customers who have been affected by the coronavirus epidemic.

Military Bank gets nod to increase charter capital to more than $1 billionicon

Military Bank gets nod to increase charter capital to more than $1 billion

BUSINESS
05/02/2020

The State Bank of Viet Nam has approved Military Commercial Joint Stock Bank (MB)’s proposal to increase its charter capital to VND24.42 trillion (US$1.06 billion) from VND23.73 trillion.

Global volatilities cause Vietnamese currency to depreciateicon

Global volatilities cause Vietnamese currency to depreciate

BUSINESS
05/02/2020

 After a long period of stability, pressure from global markets has caused the Vietnamese dong to depreciate significantly against the US dollar in the past few days.

VN monetary policies do not create unfair gains in int'l trade: SBVicon

VN monetary policies do not create unfair gains in int'l trade: SBV

BUSINESS
15/01/2020

The State Bank of Viet Nam (SBV) will be consistent in regulating monetary policies according to market developments, with no aim for an unfair competitive edge in international trade.

VN financial sector embraces digital era: conferenceicon

VN financial sector embraces digital era: conference

BUSINESS
06/12/2019

 Many banks and finance companies have proactively adopted technologies to provide digital financial services, Nguyen Hoang Minh, a senior central bank official said.

VN central bank proposes account freezes to tackle fraudicon

VN central bank proposes account freezes to tackle fraud

BUSINESS
18/11/2019

The State Bank of Viet Nam (SBV) has proposed freezing the accounts of those suspected of committing the fraud.

Vietnamese Gov’t takes tighter control over large-size real estate projectsicon

Vietnamese Gov’t takes tighter control over large-size real estate projects

BUSINESS
25/10/2019

The Government will continue to tighten credit in the real estate industry.

Vietnam's banks get more support to cut interest ratesicon

Vietnam's banks get more support to cut interest rates

BUSINESS
04/10/2019

Commercial banks are expected to lower lending interest rates after getting more support to cut input costs from the State Bank of Viet Nam (SBV)’s...