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State Bank of Vietnam
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Vietnam scraps plans to limit foreign ownership in e-payment firms
Vietnam’s central bank has decided not to cap foreign ownership of e-payment companies at 49 percent after consulting with experts.
Vietnam stuck on US currency manipulation watchlist
The U.S. Department of Treasury has concluded no major American trading partner is a currency manipulator but placed 10 countries, including Vietnam, on its watchlist.
Vietnam tightens consumer loans
Vietnam has tightened rules on consumer loans, requiring a progressive decline in their ratio in the coming years.
November 25, 2019 | 04:51 pm GMT+7
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.
November 19, 2019 | 06:00 pm GMT+7
Vietnam mulls 49 percent cap on foreign ownership at e-payment firms
Vietnam’s central bank wants to cap foreign ownership at 49 percent for e-payment companies to foster domestic fintech enterprises.
November 07, 2019 | 10:12 am GMT+7
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
Bank credit growth likely to fall below target: securities firms
Securities companies forecast banking credit growth this year to be 12-13 percent, lower than the central bank's 14 percent target.
August 15, 2019 | 11:01 am GMT+7
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.
July 06, 2019 | 07:36 am GMT+7
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
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
PetroVietnam subsidiaries told not to close OceanBank deposits
Several PetroVietnam subsidiaries are struggling to maintain cash flow after being told not to withdraw their deposits with the ailing OceanBank.
May 22, 2019 | 10:10 am GMT+7
Vietnam to auction unused coin currency as scrap
Vietnam will auction over 600 tons of coins, whose minting has been stopped for years now because of their lack of popularity.
May 14, 2019 | 04:45 pm 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
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