Banks cut lending rates
Monday,  May 2,2016,21:08 (GMT+7)
HCMC – A number of banks, including State-run BIDV and Vietcombank, have slashed lending rates for corporate clients with good operations.
Banks to shift to issuing chip cards
Friday,  Apr 22,2016,18:56 (GMT+7)
HCMC – Banks will gradually replace all domestic debit, or ATM, cards with chip ones with higher security features between this year and 2020 in a project of National Payment Corporation of Vietnam (Napas).
VAMC seeks to sell 7,000 debts at market prices
Tuesday,  Apr 19,2016,20:17 (GMT+7)
HCMC – Vietnam Asset Management Company (VAMC) is finding eligible investors to sell some 7,000 bad debts it has bought from banks.
Banks downgrade 2016 profit outlook
Friday,  Apr 8,2016,21:18 (GMT+7)
HCMC – Banks have downgraded their profit outlook for this year though they are upbeat about their business performance in the second quarter of this year, according to a recent survey conducted by the State Bank of Vietnam (SBV). 
Dragon Capital to get IFC finance to buy bonds
Thursday,  Apr 7,2016,21:29 (GMT+7)
HCMC - The International Finance Corporation (IFC), the private sector arm of the World Bank, has announced that it is planning to provide US$50 million for Dragon Capital Group to invest in corporate bonds.
Finance Ministry gauges int’l bond demand
Thursday,  Apr 7,2016,21:26 (GMT+7)
HCMC – The Ministry of Finance, together with relevant ministries and agencies, has taken steps to gauge demand on international capital markets in preparation for a US$3-billion bond sale.
Credit flows into manufacturing sector
Monday,  Apr 4,2016,23:02 (GMT+7)
HANOI – More bank loans over the past few years have gone to the manufacturing sector, according to a State Bank of Vietnam (SBV) report.
Foreign bank representative seeks to leave ACB board
Thursday,  Mar 31,2016,23:27 (GMT+7)
HCMC - Julian Fong Loong Choon, who represents Standard Chartered’s stake in Asia Commercial Bank (ACB), has tendered his resignation from ACB’s board of directors in the 2013-2017 term.
Credit grows 1.54% in Q1
Tuesday,  Mar 29,2016,22:35 (GMT+7)
HCMC – Banks have reported 1.54% credit growth in the first quarter of this year compared to the end of 2015, according to the General Statistics Office (GSO). 
New foreign-invested bank approved
Tuesday,  Mar 29,2016,22:29 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has allowed Malaysia’s Public Bank Perhad (PBB) to form a 100% foreign-invested bank in Vietnam. The establishment license will be effective from April 1.
Disbursement deadline for home loan program may be extended
Friday,  Mar 25,2016,23:10 (GMT+7)
HCMC - The State Bank of Vietnam (SBV) has said it will ask the Prime Minister for approval to extend the disbursement deadline for the VND30-trillion home loan program after the May 31 deadline.
Banks scramble for G-bonds
Friday,  Mar 25,2016,23:07 (GMT+7)
HCMC – Banks and insurance companies have been rushing to buy Government bonds with tenors of less than five years, helping the State Treasury almost achieve the quota for sale of short-term debt.
Forex reserves rise to US$40 billion
Friday,  Mar 25,2016,23:01 (GMT+7)
HANOI – Vietnam’s foreign exchange reserves have soared to a new high of US$40 billion thanks to the execution of some policy tools, especially monetary policy, said an official from the State Bank of Vietnam (SBV).
Greenback firmer against dong
Thursday,  Mar 24,2016,20:44 (GMT+7)
HCMC – The U.S. dollar on March 23 continued strengthening against the Vietnam dong currency as demand for the greenback on the domestic market has increased.
Leading banks revise up deposit rates
Thursday,  Mar 24,2016,20:37 (GMT+7)
HCMC – Many banks including leading lenders have steadily adjusted up interest rates for Vietnam dong deposits, with some of them having raised rates by three times in the year to date.
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Giấy phép Báo điện tử số: 321/GP-BTTT, cấp ngày 26/10/2007
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