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Vietnam central bank
Central bank takes looser monetary measures
The State Bank of Vietnam (SBV) has relaxed monetary measures given the sharp declines in the foreign exchange rate in recent days.
Central bank fears instability if banking credit growth cap removed
Central bank cancels another gold auction
Gold price remains stable
The price of gold bars has been consistent at VND75 million ($3,076) per tael since last Thursday, following the central bank's declaration of market intervention and monopoly consideration.
January 6, 2024 | 08:24 pm PT
Vietnam central bank governor earns 'A+' in Global Finance report
Global Finance magazine has given Nguyen Thi Hong, Vietnam's first female central bank governor, an A+ on its 2023 Central Banker Report Cards.
September 3, 2023 | 05:30 pm PT
SBV’s policy rate likely to drop to 4%: HSBC
The State Bank of Vietnam (SBV) has delivered cuts to its policy rate three times in less than three months, each time of 50 basis points, to assist the country’s economic growth via the credit channel.
June 19, 2023 | 11:59 pm PT
Interest rate cut expected to pump economy up
The State Bank of Vietnam (SBV) is cutting down a series of key interest rates by 0.25%-0.5% from June 19, which is expected to make a double impact on the economy thanks to stronger credit activities and higher liquidity.
June 19, 2023 | 11:58 pm PT
Central bank to cut deposit interest rate ceiling from Monday
The central bank on Friday said it would cut caps on interest rates of dong-denominated deposits from April 3, by 0.5 percentage points to between 0.5% and 6.0% depending on maturities.
March 31, 2023 | 06:29 am PT
Vietnam central bank to keep monetary policy flexible in 2023, tame inflation
Vietnam's central bank pledged on Friday to keep monetary policy flexible for the rest of the year to support economic stability amid external challenges, with space for more interest rate cuts while it prioritizes keeping inflation in check.
March 31, 2023 | 02:27 am PT
Disciplinary action sought against former central bank governor
The Party Central Inspection Commission Tuesday recommended disciplinary action against former central bank governor Nguyen Van Binh for violations committed during his tenure.
November 3, 2020 | 06:50 am PT
Central bank, Quang Ninh admin reform leaders in Vietnam
The central bank and the northern Quang Ninh Province topped the respective categories of state agencies and localities in the 2018 admin reform index.
May 26, 2019 | 04:49 pm PT
Vietnam plans banks among Asia’s top 100
A Vietnamese government masterplan envisages at least 2-3 banks in Asia’s top 100 in terms of total assets by 2025.
August 11, 2018 | 11:24 pm PT
Former central bank leader jailed in Vietnam
Dang Thanh Binh got three years in prison for violations causing over $635 million in losses to the banking sector.
July 2, 2018 | 02:10 am PT
Ex Vietnam central bank leader stands trial in massive graft case
Based on the indictment, he could be sentenced to 3-12 years in jail if found guilty.
June 25, 2018 | 04:49 am PT