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No system-wide interest rate cuts in sight
Thursday,  Jan 18,2018,23:12 (GMT+7)
HCMC – There is little sign of interest rates being lowered across the banking system as small banks are still grappling with limited liquidity, Thoi Bao Kinh Doanh newspaper reported.
Bitconnect shuts down lending and exchange platform
Thursday,  Jan 18,2018,17:05 (GMT+7)
HCMC – Bitconnect, a cryptocurrency lending platform, has announced the shutdown of its lending program and exchange platform, news website Vietnamnet reported, citing a statement on BitConnect website.
Vietcombank to cut lending rates
Thursday,  Jan 11,2018,18:50 (GMT+7)
HCMC – The Bank for Foreign Trade of Vietnam (Vietcombank) has issued an interest rate reduction policy applicable to both new and old loans, especially those taken out by businesses in priority sectors.
IFC approves loan for Vietnam clean water project
Thursday,  Jan 11,2018,18:32 (GMT+7)
HCMC - The International Finance Corporation (IFC), a private lending arm of the World Bank, has committed a US$15.3-million convertible loan to DNP Water Joint Stock Company to support clean water supply for urban households in Vietnam, IFC announced on Tuesday.
SBV warns 15 banks against risky lending
Wednesday,  Jan 10,2018,23:11 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has issued warnings to 15 commercial banks as they have offered too much credit for some high-risk sectors, news website Dan Tri quoted SBV deputy governor Dao Minh Tu as saying on January 9.
SBV: Bad debt kept at below 3%
Tuesday,  Jan 9,2018,18:25 (GMT+7)
HCMC - Bad debt was effectively controlled and kept at below 3% of total outstanding loans as of the end of last year, said the State Bank of Vietnam (SBV) in its 2017 report on monetary policy and the banking system.
Lawyers: Bitcoin not yet prohibited in Vietnam
Monday,  Jan 8,2018,20:37 (GMT+7)
HANOI – Bitcoin is not banned in Vietnam and should not be banned in the future, said lawyers at the 2018 Investment and Business Opportunities Conference in Thanh Hoa Province last Friday.
Banks change interest rate calculation
Friday,  Jan 5,2018,16:45 (GMT+7)
HCMC – Commercial banks have changed the way interest rates are calculated, with the annual rate applicable to 365 days instead of 360, the Vietnam News Agency reports.
Banks report huge profits in 2017
Thursday,  Jan 4,2018,23:22 (GMT+7)
HCMC - Banks in Vietnam posted handsome profits last year, helped by strong credit growth and initial gains in the settlement of bad debt. 
Bank stocks turn attractive to foreigners
Sunday,  Dec 31,2017,00:00 (GMT+7)
In late 2017, share sales by HDBank and VPBank strongly drew attention from international organizations with the bidding volume much higher than that offered.
Foreign currency lending extended until next year
Friday,  Dec 29,2017,15:03 (GMT+7)
Committee to be established for State capital management
Friday,  Dec 29,2017,15:02 (GMT+7)
HCMC – The Government will set up a committee tasked with management of State capital at businesses next year, Deputy Prime Minister Vuong Dinh Hue told an online meeting between the Government and localities on December 28.
Insurance growth put at 21%
Thursday,  Dec 28,2017,15:44 (GMT+7)
HCMC – The insurance industry this year is projected to grow by 21.2%, marking the fourth year in a row the sector has recorded annual growth of higher than 20%, Dau Tu Chung Khoan newspaper reported.
G-bond market remains active
Wednesday,  Dec 27,2017,22:03 (GMT+7)
Management of consumer finance companies to be tightened
Monday,  Dec 25,2017,21:14 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) will closely monitor and inspect the operation of consumer finance companies to ensure a transparent and healthy consumer credit market.
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