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State Bank of Vietnam

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Central bank limits foreign loans for trading stock, real estate

Central bank limits foreign loans for trading stock, real estate

The State Bank of Vietnam wants to limit short-term foreign loans for trading stock and real estate as it seeks to prevent speculative bubbles in the market.
Vietnam's exchange rate unchanged following Fed's interest rate hike

Vietnam's exchange rate unchanged following Fed's interest rate hike

Most currencies of developing countries have fallen against the U.S. dollar after the Federal Reserve raised interest rates last week, but not for the Vietnamese dong.
May 10, 2022 | 05:53 pm PT
Vietnam c.bank says 2022 monetary policy to support recovery, eyes bad debt

Vietnam c.bank says 2022 monetary policy to support recovery, eyes bad debt

Vietnam's monetary policies in 2022 will aim to keep inflation under control, while supporting the country's economic recovery, the central bank said on Tuesday.
December 27, 2021 | 10:56 pm PT
Vietnam’s expectations for first female central bank governor

Vietnam’s expectations for first female central bank governor

Vietnam’s first woman to become central bank governor has the expertise and experience, but she takes the helm at a tough time.
November 13, 2020 | 06:51 pm PT
Vietnam appoints first female central bank governor

Vietnam appoints first female central bank governor

Nguyen Thi Hong has become the first female Governor of the State Bank of Vietnam, appointed to the position by the National Assembly Thursday morning.
November 12, 2020 | 01:59 am PT
Former central bank governor receives Politburo warning

Former central bank governor receives Politburo warning

The Communist Party Politburo has issued an official warning to Nguyen Van Binh for violations under his watch as Governor of the State Bank of Vietnam.
November 8, 2020 | 02:02 am PT
Central bank cuts rates yet again

Central bank cuts rates yet again

The State Bank of Vietnam has cut its policy rates for a fourth time this year as it seeks to pump-prime the economy amid the Covid-19 pandemic.
September 30, 2020 | 07:02 pm PT
Central bank cuts rates for 3rd time

Central bank cuts rates for 3rd time

Vietnam has cut its policy rates for a third time this year to boost lending amid slower credit growth due to the Covid-19 pandemic.
August 6, 2020 | 07:53 pm PT
Glimpse of the future: Cash going out of fashion

Glimpse of the future: Cash going out of fashion

The number of mobile banking transactions tripled last year in Vietnam and their value increased by 210 percent.
May 26, 2020 | 08:39 pm PT
Vietnam scraps plans to limit foreign ownership in e-payment firms

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.
February 11, 2020 | 05:00 am PT
Vietnam stuck on US currency manipulation watchlist

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.
January 15, 2020 | 03:20 am PT
Vietnam tightens consumer loans

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 | 01:51 am PT
Central bank lowers ceiling on short-term interest rates

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 | 03:00 am PT
Vietnam mulls 49 percent cap on foreign ownership at e-payment firms

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 6, 2019 | 07:12 pm PT
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