Liquidity abundant in banking system
Monday,  Aug 22,2016,21:47 (GMT+7)
HCMC – Coupons of treasury bills issued by the State Bank of Vietnam (SBV) have dropped steadily this month, an indication of ample liquidity in the banking system, according to an update report of Maritime Bank’s Economic Research Center.
Jobless rate inches up in Q2
Thursday,  Aug 18,2016,22:04 (GMT+7)
HANOI – Vietnam’s unemployment rate stood at 2.29% in the second quarter of this year, up slightly from 2.25% in quarter one, according to a new report on the labor market of the Ministry of Labor, Invalids and Social Affairs.
Japan’s Forval interested in HCMC
Monday,  Aug 15,2016,20:40 (GMT+7)
HCMC – Japan’s Forval Corporation should sound out investment prospects in education, tourism and healthcare in HCMC, vice chairman of HCMC Tran Vinh Tuyen told Hideo Okubo, chairman of the corporation, at a meeting last Friday.
New rule requires savings accounts for budget-home loans
Monday,  Aug 15,2016,20:40 (GMT+7)
HCMC - The Vietnam Bank for Social Policies (VSPB) has instituted a controversial rule requiring those taking out low-interest loans to buy budget housing to maintain savings accounts with a tenor of at least one year at the bank.
Lenders grapple with rising bad debt
Monday,  Aug 15,2016,20:16 (GMT+7)
HCMC – Banks were still struggling with loans that turned sour in the first half of this year, with bad debt accounting for 5% of total outstanding loans at a couple of lenders, according to their quarter-two earnings reports.
Bad debt drops to 2.58%
Friday,  Aug 12,2016,09:54 (GMT+7)
HCMC – The bad debt ratio in the banking system had fallen to 2.58% by the end of June from 2.78% in late May, according to the State Bank of Vietnam (SBV).
C.bank says lending rates will drop further
Tuesday,  Aug 9,2016,20:40 (GMT+7)
HCMC - The State Bank of Vietnam (SBV) will ask banks to reduce operating costs to pave the way for lending rate cuts in the rest of the year, according to local media.
Domestic gold leaps again
Thursday,  Aug 4,2016,22:06 (GMT+7)
HCMC - The domestic gold price has rebounded strongly in recent days in tandem with world market movements.
SBV approves new foreign bank
Thursday,  Aug 4,2016,22:06 (GMT+7)
HCMC – Woori Bank has got ‘in principle’ approval from the State Bank of Vietnam (SBV) to incorporate a 100% foreign-invested entity in Vietnam.
Loan-to-deposit ratio at State-owned banks higher than permitted
Tuesday,  Aug 2,2016,20:48 (GMT+7)
HCMC – By end-May, the loan-to-deposit ratio (LDR) at many banks which are wholly and majority owned by the State had stood at 95.67%, much higher than the ceiling of 90% set by the central bank.
Banks bemoan rule on registration of lending contracts for individuals
Tuesday,  Aug 2,2016,20:45 (GMT+7)
HCMC – Commercial banks have complained that it is time-consuming and costly to register sample consumer finance service contracts for individuals as required by a decision of the Government.
G-bond sales reach 81.3% of full-year target
Monday,  Aug 1,2016,22:31 (GMT+7)
HCMC - Government bonds have sold well in the year to date, meeting 81.3% of the VND250 trillion (US$11.2 billion) plan set for this year by the Ministry of Finance.
US$3 billion int’l bond issue in the balance
Friday,  Jul 29,2016,13:43 (GMT+7)
HANOI - The Government has yet to decide when to issue US$3 billion bonds on international financial markets due to unfavorable conditions, according to a Government report sent to the National Assembly (NA).
HSBC projects OMO rate to stay at 5% until H1 next year
Thursday,  Jul 28,2016,21:15 (GMT+7)
HCMC – HSBC Bank has predicted that the State Bank of Vietnam would keep the open market operations (OMO) rate unchanged at 5% through the first half of 2017 as there is still a risk that inflation may overshoot the official target of 5% this year.
Customer wants huge deposits at VNCB back
Wednesday,  Jul 27,2016,20:31 (GMT+7)
HCMC - Tran Ngoc Bich, a major depositor at Vietnam Construction Bank (VNCB), has said she wants to take back a combined VND5.88 trillion from 124 saving books opened at the bank.
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Giấy phép Báo điện tử số: 321/GP-BTTT, cấp ngày 26/10/2007
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