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Central bank warns against high deposit rates

Central bank warns against high deposit rates

The central bank has threatened to sanction banks offering high interest rates on deposits fearing a race could destabilize the banking sector.
New regulation spurs corporate bond growth in Vietnam

New regulation spurs corporate bond growth in Vietnam

Real estate firms issue more high-yield bonds as capital shortage bites

Real estate firms issue more high-yield bonds as capital shortage bites

Central bank says bad debts well under control

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 | 01:19 am PT
Rice exports slump, food association seeks government help

Rice exports slump, food association seeks government help

The Vietnam Food Association has sought central bank assistance to buy surplus stock as rice exports plunge.
March 1, 2019 | 01:19 am PT
Authorities see red over Tet envelopes mimicking Vietnamese currency

Authorities see red over Tet envelopes mimicking Vietnamese currency

Lucky money envelopes looking like Vietnamese currency are trending in HCMC this year, but the central bank’s not amused.
January 30, 2019 | 05:25 am PT
Vietnam targets credit growth of 14 pct in 2019

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 6, 2019 | 08:40 pm PT
$3,855 fine for changing $100 will be reviewed: Deputy PM

$3,855 fine for changing $100 will be reviewed: Deputy PM

The legality of a $3,855 fine imposed for exchanging $100 in a gold shop should be reviewed, Deputy Prime Minister Truong Hoa Binh says.
October 28, 2018 | 01:53 am PT
Overseas remittances to HCMC rises 20 pct to $2.9 billion

Overseas remittances to HCMC rises 20 pct to $2.9 billion

Remittances to Ho Chi Minh City in the first seven months reached nearly $2.9 billion, a State Bank official says.
August 7, 2018 | 07:04 pm PT
Vietnam banks warn of scam calls and emails for credit card info

Vietnam banks warn of scam calls and emails for credit card info

Several banks in Vietnam have warned customers about credit card info being stolen using scam emails or phone calls.
July 26, 2018 | 04:58 pm PT
Vietnamese dong caught between rising dollar, falling yuan

Vietnamese dong caught between rising dollar, falling yuan

Vietnam’s central bank has to engage in a delicate balancing act as the U.S.-China trade war exerts inflationary pressures on the dong.
July 16, 2018 | 11:38 pm PT
Vietnam’s central bank tops admin reform index: government report

Vietnam’s central bank tops admin reform index: government report

The Ministry of Health finished at the bottom of the index.
May 2, 2018 | 10:15 pm PT
Vietnam's State Bank found guilty of violating protocol

Vietnam's State Bank found guilty of violating protocol

The government's inspection agency says there are serious shortcomings when it comes to tackling corruption.
September 1, 2017 | 08:00 pm PT
Vietnam extends $1.3 billion loan package to boost gloomy real estate market

Vietnam extends $1.3 billion loan package to boost gloomy real estate market

The State Bank of Vietnam has asked five state-run banks to extend the low-interest home loan package worth VND30 trillion ($1.3 billion) that was initiated in May 2013 to bolster the gloomy real estate market and help spur economic growth, according to a statement released on Tuesday.
June 1, 2016 | 02:21 am PT
 
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