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Treasury raises VND8 trillion from G-bonds sales
Monday,  Feb 9,2015,19:41 (GMT+7)
HCMC – The State Treasury mobilized nearly VND8.2 trillion (US$382.8 million) from a Government bond auction at the Hanoi Stock Exchange (HNX) last week, VietnamPlus reports.
Dong-U.S. dollar exchange rate stabilized
Friday,  Feb 6,2015,15:07 (GMT+7)
HCMC – The exchange rate between the U.S. dollar and Vietnam dong has become stable since the middle of January and has stayed lower than the ceiling set by the central bank.
Dong-U.S. dollar exchange rate stabilized
Thursday,  Feb 5,2015,20:12 (GMT+7)
HCMC – The exchange rate between the U.S. dollar and Vietnam dong has become stable since the middle of January and has stayed lower than the ceiling set by the central bank.
G- bond market quadruples since 2009
Wednesday,  Feb 4,2015,23:25 (GMT+7)
HANOI – The Government bond market has expanded remarkably over the years with its current size quadrupling that in 2009, according to the Hanoi Stock Exchange (HNX).
Central bank takes over ailing VNCB
Tuesday,  Feb 3,2015,20:47 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has announced a decision buying all shares of Vietnam Construction Bank (VNCB) at VND0 each, and thus becoming the only owner of this ailing commercial bank.
Half of remittances channeled into business operations
Monday,  Feb 2,2015,23:32 (GMT+7)
HCMC – Incoming remittances last year stood at around US$12 billion with 46% of it going to production and business operations, nearly 36% to expenses and the remainder to savings and health services, said Vu Hong Nam, Deputy Minister of Foreign Affairs and chairman of the State Committee for Overseas Vietnamese Affairs.
HCMC banks make US$6 billion loans
Tuesday,  Jan 27,2015,20:16 (GMT+7)
HCMC – Nineteen banks in HCMC will lend nearly US$6 billion to local companies, family-run businesses and individuals this year, double the target set by the city government for the year.
City banks urged to slash bad debt
Tuesday,  Jan 27,2015,20:13 (GMT+7)
HCMC – The State Bank of Vietnam has called on banks in HCMC to do all they can to bring down bad debt to below 3% and achieve credit growth of 13% this year.
Lending rates may inch up in Q3
Friday,  Jan 23,2015,19:05 (GMT+7)
HCMC – Lending rates are likely to rise in the third quarter of this year if monetary and fiscal policies are not implemented consistently, warned a member of the National Advisory Council for Financial and Monetary Policies.
Short-term inter-bank rates inch up
Friday,  Jan 23,2015,00:11 (GMT+7)
HCMC – The average interest rates for under-one-month loans on the inter-bank market picked up last week but the rate for one-month loans declined, VietnamPlus cites a central bank report.
SBV to stop printing VND5,000 banknotes
Thursday,  Jan 22,2015,19:55 (GMT+7)
HANOI – The State Bank of Vietnam (SBV) will no longer issue new VND5,000 banknotes this year as part of a plan to restrict the circulation of small denomination banknotes during the coming Lunar New Year holiday (Tet).
Central bank buys greenback
Friday,  Jan 16,2015,16:05 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has started buying the U.S. dollar in an effort to curb the appreciation of the local dong currency against the greenback.
VBMA wants bond holding cap rule amended
Friday,  Jan 16,2015,15:46 (GMT+7)
HCMC – The Vietnam Bond Market Association (VBMA) has proposed the Government and administering agencies review and amend some regulations in Circular 36 governing bond ownership caps to keep this market from plunging into troubles this year.
Banks lower borrowing rates
Friday,  Jan 16,2015,00:31 (GMT+7)
HCMC – A number of banks have cut their borrowing rates amid ample liquidity though experts said the rates are unlikely to dip further this year.
VNCB may turn 100% State-owned
Thursday,  Jan 15,2015,21:36 (GMT+7)
HCMC – Crucial issues related to Vietnam Construction Bank (VNCB) will be decided at a general meeting slated for this weekend, including the central bank’s plan to convert VNCB into a wholly State-owned bank.
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