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Central bank cuts interest rates by 0.25 percentage points

The State Bank of Vietnam announced Friday it would cut various interest rates to maintain macroeconomic stability, support economic growth and control inflation.

Central bank warns against high deposit rates

The central bank has threatened to sanction banks offering high interest rates on deposits fearing a race could destabilize the banking sector.

Central bank clamps down on corporate bond growth

Vietnam's central bank has directed commercial banks to stop purchasing corporate bonds towards minimizing risks and tightening control over real estate sector borrowings.
August 24, 2019 | 10:00 am GMT+7

US adds Vietnam to currency manipulation watchlist

The U.S. Treasury has added Vietnam to a currency manipulation watchlist, citing the country's trade surplus with the U.S as a factor.
May 29, 2019 | 08:30 pm GMT+7

Trump says strong dollar hurting U.S. competitiveness

The U.S. central bank’s tight monetary policy was contributing to a strong dollar and hurting the United States’ competitiveness.
March 03, 2019 | 10:33 am GMT+7

Court commutes central bank official’s imprisonment in Vietnam’s largest ever bank scam

A HCMC appeals court has commuted the three-jail sentence handed to a former deputy head of the central bank to a suspended sentence.
December 11, 2018 | 11:51 am GMT+7

Online lending booms in Vietnam, but lack of regulations a worry

P2P lending, or online lending, is growing rapidly in Vietnam, leaving experts worried over the lack of a legal framework for its regulation.
October 12, 2018 | 10:44 am GMT+7

Vietnam finance minister urges flexibility in forex policy, says debt ratio falling

Vietnam's finance minister said the nation should be more flexible in handling its exchange rate.
September 13, 2018 | 11:04 am GMT+7

Vietnam central bank ready to intervene as dong dips

The Vietnamese currency hit 22,965 to the dollar on Friday as the greenback rose in global markets.
July 03, 2018 | 10:23 am GMT+7

Vietnam bank loans up 6.16 pct in 5 months

Bad debts accounted for 2.18 percent of total lending at the end of the first quarter of 2017.
June 11, 2018 | 04:59 pm GMT+7

Vietnam's banking cleanup efforts recoup 18 percent of toxic debts

The country may need $25 billion to clear toxic debts off bank books.
March 16, 2017 | 03:20 pm GMT+7

Vietnamese banks race to cash in on surging remittances before Lunar New Year

Many banks see remittances as an attractive business because they generate steady fees and require little capital.
January 12, 2017 | 02:39 pm GMT+7

Vietnam considers plan for gold trading floor to curb hoarding

Experts estimate that Vietnamese are keeping up to 500 tons of gold in personal savings, which could be channeled into the economy.
January 10, 2017 | 03:18 pm GMT+7

Vietnam may tap foreign reserves to bolster currency: central bank

The State Bank of Vietnam stands ready to stabilize the dollar/dong exchange rate by selling foreign currency.
November 25, 2016 | 02:07 pm GMT+7

Dong slumps to lowest level against dollar in past five months

One dollar now costs 22,420 dong in major banks.
November 18, 2016 | 02:00 am GMT+7
 
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