According to data from the State Bank of Vietnam, bank credit in the first five months of this year increased by 6.52 per cent to exceed VNĐ16.6 quadrillion. This was a record increase in credit in the first five months of the year.
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Shaping Việt Nam's carbon credit market demands robust institutional framework 18/06
With the green growth model, the carbon credit market is the decisive economic tool to promote greenhouse gas reduction and climate response.
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Real estate bond issuances reach $403 mln in May 17/06
Data from the Vietnam Bond Market Association revealed that in May, the whole market saw 42 separate bond issuances totaling VND46.77 trillion ($1.78 billion).
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Việt Nam enhances regulatory framework to promote cashless payments 16/06
Việt Nam is enhancing its regulatory framework and policies to promote cashless payments as part of its strategy to develop a more digital economy.
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Corporate bond issuances total $4.6 bln in 5M 16/06
Banking sector accounting for the largest proportion with 67.1%.
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Dollar appreciates in domestic market due to surge in foreign debt repayment 16/06
The US dollar index (DXY) is now around 99, down 10 per cent from its early-year peak, while the dollar has risen 2.6–3 per cent against the Vietnamese đồng at local banks this year.
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State bank urged to study credit packages for young homebuyers 11/06
Banks are also being instructed to rigorously inspect loans involving real estate collateral.
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State budget collection up 24.5% in first five months 11/06
Of the sum, domestic revenue was estimated at 987.5 trillion VND, equivalent to 59.2% of the estimate and up 27.6% year-on-year, the ministry reported on June 10 at a meeting to review activities in May and implement tasks for June.
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Reference exchange rate down 7 VND on June 10 10/06
The State Bank of Vietnam set the daily reference exchange at 24,985 VND on June 10, down 7 VND from the previous day.
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Banks race to expand payment agents 04/06
The payment agent model not only benefits banks and customers but also brings positive impacts to banks' partners by indirectly providing additional financial services to help diversify the products and services that these retailers provide.
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Banking sector steps up action plan to boost green credit 22/05
SBV’s Deputy Governor Đào Minh Tú said: “Green growth is no longer an option, but has become an urgent necessity, especially for developing countries like Việt Nam."
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Central bank releases draft amended Law on Credit Institutions 20/05
Credit institutions are facing potential bad debt risks because Resolution No 42/2017/QH14 has expired.
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Banks face difficulties in requiring SOE shareholders to divest 14/05
According to the current regulations, the share ownership cap by an institutional shareholder in a credit institution is reduced from 15 per cent to 10 per cent and for an individual and his/her related parties from 20 per cent to 15 per cent.
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Corporate bond repayment pressure to peak in Q3 13/05
The total value of corporate bond principal due for repayment by non-banking entities in May is estimated at VNĐ11.4 trillion, double the amount due in April.
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About $1.69 billion raised from government bond auctions in April 08/05
The Hà Nội Stock Exchange (HNX) held 20 government bond auctions on the primary market in April, raising over VNĐ42.4 trillion (about $1.69 billion).
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