Credit growth slow but sustainable
Wednesday,  Mar 14,2018,22:46 (GMT+7)
HCMC – Though credit growth this year is below the same period last year, it is more sustainable, data of the National Financial Supervisory Commission showed.
Banks enter capital mobilization race
Friday,  Mar 9,2018,21:37 (GMT+7)
HCMC – Many commercial banks have hiked their annual deposit rates for different tenors and offered numerous promotions since early this year to raise more capital, Nguoi Lao Dong newspaper reports.
G-bond market hits new records in Jan-Feb
Tuesday,  Mar 6,2018,23:03 (GMT+7)
HANOI – The value of Government bonds (G-bonds) traded in the first two months of 2018 reached VND10.5 trillion (US$461.4 million) per session on average, according to data of the Hanoi Stock Exchange (HNX).
Fitch upgrades Military Bank, affirms four other banks’ IDRs
Friday,  Mar 2,2018,22:14 (GMT+7)
HCMC - Fitch Ratings, a global leader in credit ratings and research, has upgraded the long-term issuer default rating (IDR) of Military Commercial Joint Stock Bank (Military Bank) to ‘B+’ from ‘B’ with a stable outlook and its viability rating to ‘b+’ from ‘b’ while affirming the IDRs of Agribank, VietinBank, Vietcombank and ACB.
All supermarkets in Hanoi set to shift to card payment by 2020
Wednesday,  Feb 28,2018,22:39 (GMT+7)
HANOI – The government of Hanoi City has released a plan in which all supermarkets and other modern shopping channels in the city will have to switch to accepting card payments only by 2020.
Banks asked to lower lending rates
Wednesday,  Feb 28,2018,22:16 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has asked commercial banks to lower lending rates this year to support businesses and economic growth, according to Thanh Nien newspaper.
Local banks’ revenues grow on increasing retail, services
Wednesday,  Feb 7,2018,22:33 (GMT+7)
HCMC – Local banks have reported their revenues last year, mainly from retail banking activities and services, and the trend will continue this year, according to Dau Tu Chung Khoan newspaper.
Moody’s positive about bad debt settlement in local banks
Wednesday,  Feb 7,2018,18:25 (GMT+7)
HCMC – Some Vietnamese banks have made meaningful progress in the settlement of legacy problem assets, which has helped improve banks’ asset quality and removes a drag on their profitability, according to Moody’s Investors Service.
SBV requires safe banking for Tet
Saturday,  Feb 3,2018,00:01 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has issued Official Dispatch No.726 asking SBV branches, commercial banks, foreign bank branches and National Payment Corporation of Vietnam (Napas) to ensure safe and secure banking for the upcoming Lunar New Year (Tet), Tien Phong newspaper reports.
Vietnam dong weakens against most foreign currencies
Friday,  Feb 2,2018,12:57 (GMT+7)
HCMC – While Vietnam’s dong currency has got firmer against the U.S. dollar, it has depreciated against most other hard foreign currencies like Euro, British pound, Canadian and Australian dollars, Tuoi Tre newspaper reports.
Local banks invest more in long-term bonds
Thursday,  Feb 1,2018,18:58 (GMT+7)
HCMC – Commercial banks have been active in the bond market, buying more 30-year Government bonds which they earlier considered risky, according to Forbes Vietnam.
Central bank looks to stabilize exchange rate
Wednesday,  Jan 31,2018,18:21 (GMT+7)
HCMC – Though the domestic currency is getting firmer against the U.S. dollar, the central bank aims to stabilize the exchange rate to support exports, Nguoi Lao Dong newspaper reported. 
Banks urged to settle bad debts
Sunday,  Jan 28,2018,21:05 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has told commercial banks to adopt measures in line with the National Assembly’s Resolution 42 to accelerate the settlement of non-performing loans, according to Tuoi Tre newspaper.
SBV asks banks to prioritize loans for production and business
Friday,  Jan 26,2018,22:47 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has told local banks and foreign bank branches to increase lending to production and business activities, according to a Thoi Bao Ngan Hang newspaper report.
Vietnam currency seen stable this year
Friday,  Jan 26,2018,00:05 (GMT+7)
HCMC - Strong remittance inflows, rising foreign exchange reserves and anti-dollarization efforts will help stabilize the exchange rate between the U.S. dollar and the Vietnam dong this year, according to news website An Ninh Tien Te.
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