Tag State Bank of Vietnam
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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.

Banks expect profits to rise 18.6 percent

Vietnamese banks have reported good third quarter results, and expect this to continue in the final quarter of the ...

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 intervenes to check currency fall

The dong showed signs of stability on Wednesday, rising slightly against the dollar as the State Bank of Vietnam intervened to increase foreign currency supply.
July 18, 2018 | 06:49 pm 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

International bonds set to launch in Vietnamese currency

The bonds will give foreign investors easier access to dong investments.
April 14, 2018 | 07:26 am GMT+7

Vietnam central bank seeks to lower commercial rates

Vietnam will clean up non-performing loans and build up foreign exchange reserves.
March 14, 2018 | 02:43 pm GMT+7

Payment rejected: Bitcoin transactions remain illegal in Vietnam

The only payment methods allowed in the country are issued or controlled by the State Bank.
October 29, 2017 | 01:44 pm GMT+7

Embattled Vietnamese official seen in rare public photo after implication in massive graft case

Dinh La Thang's appearances in the media have been rare since he was ousted from the Politburo, but his name remains a major talking point.
September 19, 2017 | 01:36 pm GMT+7

Trump's immigration rules threaten remittances to Vietnam

Vietnam's remittances from the U.S. made up 4 percent of the country's GDP in 2016. 
March 13, 2017 | 12:00 am GMT+7

S.Korea's Woori Bank to form Vietnam unit by July

South Korea's Woori Bank expects to establish a Vietnam unit this month or in July, a bank official said on Tuesday, as part of the lender's plans to expand its network in the ...
June 22, 2016 | 09:50 am GMT+7

South Korea's Busan Bank open for business in Ho Chi Minh City

The State Bank of Vietnam issued a license for Busan Bank to start trading on May 27 at its new branch in Ho Chi Minh City's District 1.
June 01, 2016 | 03:16 pm GMT+7

State Bank of Vietnam buys up $7 billion to boost foreign exchange reserves

The State Bank of Vietnam (SBV) has purchased $7 billion since the start of the year, but doled out more than $3 billion in the last two months.
May 31, 2016 | 06:38 pm GMT+7

Vietnam’s third largest bank to sell its stake in SaigonBank

State-owned VietinBank will sell nearly 17 million holding shares in Saigonbank, equivalent to over five percent of the bank's charter capital, to reduce ownership cap down to ...
May 21, 2016 | 01:25 pm GMT+7
 
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