The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,324 VND/USD on September 23, up 8 VND from the previous day.
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MoF proposes to reduce fees by up to 50 per cent to support transport sector 17/09
MoF said the reduction period for the above will last for three months from October until the end of December 2022.
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Reference exchange rate up 13 VND on Sept 14 14/09
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,257 VND/USD on September 14, up 13 VND from the previous day.
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Banks speed up disbursement of VNĐ40 trillion interest subsidy package 14/09
Through credit packages with preferential interest rates, and products and services customised to each customer group’s needs, banks focus on helping enterprises access capital to restore production and business.
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Bonds maturity worry real estate businesses 13/09
From the end of this year onwards, real estate businesses will face a worrisome period due to cash flow shortages as corporate bonds will begin to mature. This will be in sharp contrast to the enthusiasm with which these businesses raced with each other to issue bonds in the years...
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Ordinary citizens face higher risk in buying corporate bonds 09/09
Ordinary citizens faced higher risk in the current stock market environment, said the ministry of finance in a recent report released after a number of recent high-profile corporate scandals.
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Finance ministry sets targets for banking system 23/08
The MoF will coordinate with other ministries to set regulations on capital increases for State-owned credit institutions, especially the Bank for Agriculture and Rural Development of Vietnam (Agribank).
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Banks should tighten assessment controls of their corporate bonds investments - experts 19/08
Concentrating on fast growth while turning a blind eye to the purposes of bond issuance plans has caused risks and insecurity in the corporate bond investments of credit institutions.
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Reference exchange rate up 13 VND on August 16 16/08
The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,173 VND/USD on August 16, up 13 VND from the previous day.
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Monetary stance points to only mildly higher interest rates in Việt Nam: Fitch Ratings 09/08
Capital account restrictions largely insulate interest rates in Việt Nam from global monetary tightening and the country’s policy rate is expected to rise 50 basis points to 4.5 per cent by end-2023, according to Fitch Ratings.
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Banks avoiding further bad debt risks 09/08
The recent financial statements of commercial banks for the second quarter show that the total amount of bad debts increased by about 17.5% compared to the beginning of the year.
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Strict criterion prevents access to loans 27/07
Although Decree 31/2022/ND-CP of the State Government offers support to businesses, cooperatives, and business householders at 2% interest rate when borrowing from commercial banks, there is still a strict criterion in place. Decree 31 is a lifesaver for businesses and individuals to recover production back to normal, but the interest...
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Việt Nam in the headwinds of global rate hikes and inflation 25/07
Global rate hike and rising inflation are putting pressure on Việt Nam's monetary management policy.
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State Bank of Vietnam faces pressure on exchange rate 25/07
The State Bank of Vietnam is facing multiple pressures in 2022 in managing the foreign exchange rate, such as net withdrawal of hundreds of billions of dongs through the treasury bill channels, selling of foreign currency from reserves, and in adjusting the US dollar selling price.
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Banks upbeat about Q3 2022 business results 19/07
A majority of credit institutions (CIs) are optimistic about their business performance in Q3 2022, the State Bank of Việt Nam (SBV)’s latest survey on business trends of credit institutions showed.
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