Update news State Bank of Vietnam
The Ministry of Information and Communications (MIC) has ordered tens of domestic and foreign brands to not advertise on video clips that contain anti-State propaganda on YouTube, a video-sharing platform.
Prime Minister Nguyen Xuan Phuc underscored the determination to accomplish all goals set for 2019, striving for a GDP growth of 6.8 percent and reining in inflation under 4 percent at the Government’s monthly meeting held in Hanoi on May 31.
The State Bank of Vietnam (SBV) has ordered local banks to allow easier access to credit for clients to help fight loan sharks, as illegal rings have recently mushroomed in some localities, stated SBV Deputy Governor Dao Minh Tu.
VietNamNet Bridge – Deputy Prime Minister Trinh Dinh Dung has told the Ministry of Transport to publicize data of build-operate-transfer projects which have been put into use and are under construction for State agencies and people to look at.
Vietnam ’s inflation is forecast to rebound to 4.9 percent in 2016 while the Gross Domestic Product growth is forecast at 6.7 percent, according to the December report of the Hong Kong and Shanghai Banking Corporation (HSBC).
Governor of the State Bank of Viet Nam Nguyen Van Binh has set a new target to bring down non-performing loans (NPLs) to less than 3 per cent by September.
The State Bank of Viet Nam has submitted a credit package worth of VND50 trillion (US$2.3 billion) to support the local commercial housing market during its recovery period.
The State Bank of Vietnam (SBV) has sold roughly $1.1 billion as of December 1 to stabilise Vietnam's foreign exchange market.