PM Phuc highlights Visa’s presence in Vietnam

26/03/2019 16:00

Prime Minister Nguyen Xuan Phuc was appreciative of the US company’s presence in Vietnam over the last two decades, as well as its close coordination with the State Bank of Vietnam (SBV) and other Vietnamese partners.

Central bank aims to keep inflation below 4 percent again

02/01/2020 23:14

The State Bank of Vietnam (SBV) aims to again curb the inflation below 4 percent and sustain the monetary market this year, SBV Governor Le Minh Hung told a teleconference of the banking sector in Hanoi on January 2.

Capital funneled into priority fields: central bank

02/10/2019 10:13

Credit has been provided for production and business activities and the priority fields while loans for high-risk areas have been further tightened so far this year, the State Bank of Vietnam (SBV) reported.

Vietnam, Cambodia’s central banks look to foster partnership

17/09/2019 10:14

Leaders of the State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) met in Phnom Penh on September 16 at an annual conference to share experience in macro-economy management, especially in finance-banking, and seek ways to strengthen cooperation in personnel training.

Real estate transactions fall on tightened property loan control

20/07/2019 11:25

As the State Bank of Vietnam has tightened the control over real estate loans to ensure sustainable development of the market and safety of the banking sector, property transactions have fallen down in both Hanoi and Ho Chi Minh City in the first six months of the year, experts said at a recent meeting in Hanoi.

Banks expected to maintain good performance in 2019

10/02/2019 13:57

A majority of credit institutions in the country expect an upward trend in their business in 2019 after gaining good results last year, according to a State Bank of Vietnam (SBV) survey released recently.

SBV sets 2019 credit growth target at 14%

08/01/2019 10:36

The State Bank of Vietnam (SBV) has set the 2019 credit State Bank of Vietnam growth target
equivalent to the previous year at about 14%, according to SBV Deputy Governor Nguyen Thi Hong.

Former Deputy Governor of State Bank goes on trial

28/06/2018 10:30

PSNews - The Ho Chi Minh City Municipal People Court of first instance opened a trial on June 25 of former Deputy Governor of the State Bank of Vietnam, who is accused of lacking responsibility and causing serious consequences to the Vietnam Construction Joint Stock Commercial Bank.

PM orders tighter control of Bitcoin, cryptocurrency

12/04/2018 14:45

Prime Minister Nguyen Xuan Phuc has required the State Bank of Vietnam (SVB), financial institutions, and other organisations providing payment brokerage services to intensify inspections and promptly report suspicious cryptocurrency transactions.

Remittances to hit US$5.2 billion this year

12/12/2017 19:28

Overseas remittances to Ho Chi Minh City is expected to total US$5.2 billion this year, up 4.5% year-on-year, said an official of the State Bank of Vietnam (SBV).

High-tech farming development sluggish

15/08/2017 15:01

The development of high-tech agriculture in Vietnam remains sluggish due to unplanned and small-scale production, and is not commensurate with the country’s comparative advantages and efforts.

Central bank looks to up foreign reserves

24/06/2017 20:32

The State Bank of Vietnam’s transaction centre this week raised the reference buying rate for the US dollar by 50 VND to 22,725 VND, revealing its intention to expand foreign reserves.

Summit mulls financial inclusion for all

23/03/2017 08:28

More organisations are offering new financial products and services that are changing the form and nature of the market and are shaping the future of financial inclusion.