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Vietnam's forex market to see stability through year-end: report

Vietnam's forex market to see stability through year-end: report

Strong investment and remittance inflows have put the country in a good position this year.

Vietnam to monitor financial system more closely: Deputy PM

Vietnam to monitor financial system more closely: Deputy PM

The government’s National Financial Supervisory Commission (NFSC), which oversees financial and monetary policies, will develop a realiable database on the financial market and better monitor capital flows between credit institutions, securities companies and insurance businesses, said Deputy Prime Minister Vuong Dinh Hue on Monday.

SBV targets to keep bad debt under 3 pct

SBV targets to keep bad debt under 3 pct

The State Bank of Vietnam (SBV) has instructed credit institutions, including domestic and foreign commercial banks, to keep bad debt under 3 percent of outstanding loans.

April 15, 2016 | 12:31 am PT

Vietnam's bad debt down to 2.9 pct in 2015

Vietnam's bad debt down to 2.9 pct in 2015

Bad debt within the Vietnamese banking system fell to 2.9 percent of outstanding loans at the end of 2015 from 3.7 percent a year before, according to the annual financial report released on March 14 by the government's National Financial Supervisory Commission.

March 16, 2016 | 01:19 am PT

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