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SBV expected to take over GPBank this week
Tuesday,  Jul 7,2015,19:31 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) is expected to acquire all shares of Global Petroleum Bank (GPBank) at VND0 this week as GPBank has failed to revise up its chartered capital to VND3 trillion as regulated.
Shorter G-bond tenors sought to boost fund-raising
Monday,  Jul 6,2015,19:30 (GMT+7)
HANOI – The Ministry of Finance plans to ask the National Assembly (NA) for approval to issue Government bonds with tenors of less than five years to reverse a decline in demand for G-bonds.
Gold price slightly up on weak demand
Tuesday,  Jun 30,2015,19:40 (GMT+7)
HCMC – Though the gold price on world markets has become volatile due to the Greece bailout crisis, the domestic gold price has not changed much given weak buying.
Credit growth improves in H1
Thursday,  Jun 25,2015,20:20 (GMT+7)
HCMC – Local banks have reported a strong improvement in first-half lending, with credit having grown 5.78% by June 15 compared to the end of 2014 and 18.98% versus the same period last year.
Fitch maintains four Vietnam banks’ ratings
Thursday,  Jun 25,2015,20:15 (GMT+7)
HCMC – Fitch Ratings has affirmed the ratings on four Vietnamese banks – Agribank, VietinBank, ACB and Military Bank – while confirming their Stable Outlook.
SBV: Exchange rate stabilization tough
Thursday,  Jun 25,2015,20:05 (GMT+7)
HCMC – It is a challenge to keep the exchange rate stable this year, said State Bank of Vietnam (SBV) governor Nguyen Van Binh.
State Treasury issues bills to raise funds
Friday,  Jun 19,2015,09:40 (GMT+7)
HCMC – The State Treasury has put up for sale VND6 trillion (US$275 million) worth of treasury bills this week and plans another auction for VND6 trillion next week to raise funds for the central State budget.
HDBank selected for on-lending to major water project
Thursday,  Jun 18,2015,21:35 (GMT+7)
HCMC – The Government has picked HCMC Development Bank (HDBank) to use over VND3 trillion (US$137.6 million) of an official development assistance (ODA) loan from the Japan International Development Agency (JICA) to lend on to Nhon Trach water supply project.
Banks seen in race to hike long-term interest rates
Thursday,  Jun 18,2015,21:18 (GMT+7)
HCMC – While deposit rates for tenors of six months or less have remained at around 5% per annum, local banks are seen in a race to further spike deposit rates for tenors of nine months or longer.
Finance ministry seeks to improve G-bond sales
Monday,  Jun 15,2015,20:06 (GMT+7)
HCMC – The Ministry of Finance is seeking measures to reverse a decline in demand for government bonds.
BIDV researchers forecast forex market uncertainty
Monday,  Jun 15,2015,19:27 (GMT+7)
HCMC - The foreign exchange market might face uncertainty with pressure to surge in the medium and long terms, VietnamPlus quotes a research group of the Bank for Investment and Development of Vietnam (BIDV) as saying.
AEC investors could own 70% of local banks
Friday,  Jun 12,2015,18:12 (GMT+7)
HANOI – Vietnam will have to allow investors in the region to own up to 70% of local banks after the ASEAN Economic Community (AEC) comes into existence, instead of the current 30%.
Domestic gold drops to new lows
Wednesday,  Jun 10,2015,20:50 (GMT+7)
HCMC – Domestic gold prices have fallen to a four-year-and-a-half low while the exchange rate between the dong and the greenback has remained stable.
Bank deposit rates seen bouncing back
Wednesday,  Jun 10,2015,20:12 (GMT+7)
HCMC – Some banks have adjusted up deposit rates after lowering or keeping them unchanged for a long time, signaling a change of course on the monetary market.
BIDV supports clients in Central Highlands
Tuesday,  Jun 9,2015,19:07 (GMT+7)
HCMC – The Bank for Investment and Development of Vietnam (BIDV) has set aside VND7 trillion (US$321.7 million) to make preferential loans for individuals and households in the Central Highlands to fund their production and business projects, the news site Vietnamplus reports.
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Giấy phép Báo điện tử số: 321/GP-BTTT, cấp ngày 26/10/2007
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