In the latest session on February 4, through the open market operations (OMO) channel, the SBV provided loans to seven financial institutions totalling over VNĐ10 trillion at an interest rate of four per cent per annum for a seven-day term.
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Banks stimulate credit from the beginning of 2025 05/02
Many banks have implemented loan packages with preferential interest rates. Currently, the lowest short-term loan interest rate is from 4.5 per cent.
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Opportunities and challenges in Vietnam's crypto boom 03/02
Vietnam boasts one of the most active investment communities in the cryptocurrency sector. However, protecting investors and promoting sustainable growth requires a robust legal framework.
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Domestic gold prices surge after Tet holiday 03/02
As trading resumed after the Lunar New Year (Tet) holiday, the domestic gold market saw a sharp surge.
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Banks step up capital mobilisation policies 20/01
According to statistics, 7 banks, including Agribank, Bac A Bank, NCB, MBV, Eximbank, KienLongBank and VietBank, have so far this year increased mobilisation interest rates to attract idle cash flow from the population.
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Debt repayment pressure continues to weigh on corporate bond market 20/01
An alarming 22 per cent of corporate bonds maturing in January 2025 are at risk of defaulting on principal payments, according to a report from VIS Rating.
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Insurance industry forecast to fail some targets by 2025 16/01
The Government wanted 15 per cent of the total population to have taken out life insurance, with the average premium as per GDP ratio at 3.5 per cent by 2025.
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Remittances reach about $16 billion in 2024 16/01
Deputy Prime Minister and Minister of Foreign Affairs Bùi Thanh Sơn said this remittance level is equivalent to 2023, when remittances reached a record high post pandemic.
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Positive outlook for Vietmam’s banking sector in 2025 16/01
Bank stocks will deliver a strong performance again this year, partly because sector-wide bank earnings growth is expected to accelerate from 14 per cent in 2024 to 17 per cent in 2025 driven by a shift in GDP growth drivers from external factors to domestic driven growth, according to investment...
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SBV makes significant net withdrawal to stabilise exchange rate 15/01
Analysis shows it's an intervention to manage system liquidity.
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Majority of credit institutions expect profit growth in 2025 14/01
According to an SBV survey, In 2025, 85.1 per cent of credit institutions expect their pre-tax profits to grow positively compared to 2024.
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Seven banks allow customers to pay by QR codes in Laos 13/01
Customers of seven banks, including Vietinbank, BIDV, Vietcombank, Sacombank, TPBank, BVBank and Nam A Bank, can now scan LaoQR codes to make payments in Laos.
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Credit growth must go together with risk controls, to minimise bad debts 13/01
The State Bank of Vietnam (SBV) has recently sent a document to commercial banks to publicly and transparently announce the principles for assigning credit growth in 2025.
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Dong forecast to depreciate by 3% against dollar in 2025 07/01
The possibility of a sharp increase in the USD/VNĐ exchange rate will significantly impact the monetary policy of the State Bank of Vietnam (SBV).
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Bitcoin’s rising value attracts investments, calls for legality in VN 06/01
Investment experts said Bitcoin and other cryptocurrencies will be profitable investments in 2025.
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