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Vietnam posts H1 credit growth of 7.33 pct

Credit grew 7.33 percent in the first half of 2019, slightly higher than 6.14 percent in the same period last year, according to the central bank.

Vietnam ready to speed up switch to chip cards

The National Payment Corporation of Vietnam says many banks would this year convert their magnetic cards to chip cards for greater security.

Vietnam seeks no unfair trade advantage: central bank

In respond to Vietnam's inclusion in a U.S. currency manipulation watchlist the SBV says the country seeks no unfair advantage over other countries.
May 30, 2019 | 09:19 pm GMT+7

Central bank says bad debts well under control

The banking sector managed to keep its internal bad debts ratio below 3 percent at the end of Q1, according to the central bank.
May 24, 2019 | 04:19 pm GMT+7

OceanBank to be sold to foreign investor

The central bank plans to sell OceanBank, one of the country’s three weakest lenders, to a foreign investor.
May 20, 2019 | 11:39 am GMT+7

Banks rates higher than free market as dollar shortage bites

Unusually, Vietnamese banks’ dollar prices have been higher than the free market as they face a dearth of greenbacks.
May 10, 2019 | 07:53 am GMT+7

Vietnam’s dong falls to new low against the dollar

The Vietnamese dong continued to fall against the U.S. dollar, going beyond its lowest level ever recorded on April 24. 
May 08, 2019 | 09:25 am GMT+7

Vietnam currency falls to historic low

The Vietnamese dong has fallen to its lowest level ever against the U.S. dollar, and banks are fixing their exchange rates accordingly.
April 24, 2019 | 09:14 pm GMT+7

Central bank’s proposed clampdown on cash loans might hurt finance companies

With the government seeking to clamp down on cash loans given by finance companies, there are fears their bottom lines might be hit.
April 09, 2019 | 02:27 pm GMT+7

Vietnam targets credit growth of 14 pct in 2019

The State Bank of Vietnam targets credit growth of 14 percent this year, the same as last year.
January 07, 2019 | 11:40 am GMT+7

Central Bank to inspect lending to stock, real estate sector

The central bank has said it will inspect banks with large lending portfolios in real estate and stock markets.
August 09, 2018 | 08:05 pm GMT+7

Exchange rate ‘under control’ assures State Bank of Vietnam

The dong has fallen against the U.S. dollar with the exchange rate hitting the lowest in years, but the central bank said the rate is “under control.”
August 02, 2018 | 10:52 am GMT+7

Central bank allows dong to slide against greenback

The Vietnamese dong has been losing ground against the U.S. dollar in the last few days as the central bank lowered its reference rate.
July 25, 2018 | 11:18 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 central bank tops admin reform index: government report

The Ministry of Health finished at the bottom of the index.
May 03, 2018 | 01:15 pm GMT+7
 
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