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Central bank lowers ceiling on short-term interest rates

Central bank lowers ceiling on short-term interest rates

The State Bank of Vietnam (SBV) has lowered the interest rate cap on 6-month dong deposits from 5.5 percent to 5 percent, effective Tuesday.
Bourse records steepest session decline in 3 months

Bourse records steepest session decline in 3 months

Vietnam’s benchmark VN-Index closed at 1,002.91 points Monday, down 7.12 points or 0.7 percent, the steepest drop since August 26.
November 18, 2019 | 07:05 pm GMT+7
VN-Index hits six-month peak, nears 1000 pts

VN-Index hits six-month peak, nears 1000 pts

Vietnam’s benchmark VN-Index closed at 999.59 points at the end of Tuesday’s session, its highest point since March 20.
October 01, 2019 | 08:16 pm GMT+7
Three Chinese held in Vietnam for ATM thefts

Three Chinese held in Vietnam for ATM thefts

Police in the central province of Nghe An arrested three Chinese nationals Monday for allegedly stealing money from ATMs by skimming and faking cards.
September 17, 2019 | 01:25 pm GMT+7
Real estate bonds attract lowest investor interest

Real estate bonds attract lowest investor interest

Seven percent of real estate bonds issued in the first eight months of the year were bought, the lowest ratio among all sectors.
September 09, 2019 | 01:00 pm GMT+7
Stock brokerages buy bank bonds to sell to other banks

Stock brokerages buy bank bonds to sell to other banks

Securities companies buy 40 percent of bank bonds on the primary market on behalf of other banks seeking to avoid regulatory hassles.
September 05, 2019 | 09:49 am GMT+7
Province requests $30 mln to build anti-erosion embankments

Province requests $30 mln to build anti-erosion embankments

Ca Mau Province is seeking VND700 billion ($30.1 million) from the Ministry of Agriculture and Rural Development to build embankments to check erosion.
August 24, 2019 | 10:00 am GMT+7
Mekong Delta province issues emergency warning over coastal erosion

Mekong Delta province issues emergency warning over coastal erosion

Severe erosion of a sea section prompted authorities in Ca Mau Province to issue an emergency warning on Tuesday.
August 07, 2019 | 06:26 pm GMT+7
Vietnam commercial banks report no losses in H1

Vietnam commercial banks report no losses in H1

Among 25 banks that have announced first-half business results, none reported losses and some have posted robust profit growth.
August 01, 2019 | 07:22 pm GMT+7
BIDV to sell 15 pct stake to South Korea’s KEB Hana Bank

BIDV to sell 15 pct stake to South Korea’s KEB Hana Bank

BIDV would sell a 15 percent stake for VND20.295 trillion ($874 million) to KEB Hana Bank through a private placement.
July 23, 2019 | 11:13 am GMT+7
VND currency hits new low against USD

VND currency hits new low against USD

Commercial banks are selling USD for nearly VND23,500, a historical peak, with rates rising steadily since last week.
May 20, 2019 | 04:00 pm GMT+7
Vietnam cashless transactions among lowest in ASEAN

Vietnam cashless transactions among lowest in ASEAN

Cash transactions remain highly popular in Vietnam compared to other ASEAN countries as it has low banking penetration.
May 13, 2019 | 11:50 am GMT+7
Man gets life for $192,400 bank robbery in central Vietnam

Man gets life for $192,400 bank robbery in central Vietnam

Two bank robbers were sentenced to life and 20 years in prison in central Vietnam Wednesday.
May 09, 2019 | 12:18 pm GMT+7
Vietnamese banks find out car loans not low-hanging fruit as borrowers cheat

Vietnamese banks find out car loans not low-hanging fruit as borrowers cheat

Vietnamese banks are struggling to recover overdue car loans since many customers mortgage vehicles bought using bank loans.
April 10, 2019 | 08:29 am GMT+7
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