SBV governor puts bad debt at VND500 trillion
Tuesday,  Sep 30,2014,17:21 (GMT+7)
HANOI – Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh, speaking at a question-and-answer session of the National Assembly (NA) Standing Committee in Hanoi on September 29, put bad debt in the banking system at VND500 trillion.
Governor: Foreign reserves rise to record high
Tuesday,  Sep 30,2014,17:18 (GMT+7)
HANOI – Vietnam’s foreign reserves have exceeded US$35 billion, the highest level ever in the country, central bank governor Nguyen Van Binh said in a report sent to the National Assembly Standing Committee before a question-and-answer session on September 29.
Government bonds to be transacted online
Saturday,  Sep 27,2014,00:08 (GMT+7)
HCMC – The Internet site for online transactions of Government bonds will be put into use soon, marking a big change on the Vietnamese bond market.
Vietnam bond market fastest growing in East Asia
Thursday,  Sep 25,2014,22:14 (GMT+7)
HANOI - The Government bond market in Vietnam has obtained an average annual growth rate of 23% in the past five years, the most rapid expansion in emerging East Asia and the ASEAN+3 regions, said the State Securities Commission (SSC).
Inter-bank rates poised to drop further
Tuesday,  Sep 23,2014,19:11 (GMT+7)
HCMC - The overnight rate on the inter-bank market fell to 1.48% per annum last Friday compared to 1.76% per annum a week ago while offers have been swelling up, signaling further rate falls in near future.
VAMC buys VND60 trillion bad debts
Tuesday,  Sep 23,2014,19:09 (GMT+7)
HCMC – Vietnam Asset Management Company (VAMC) is dealing with nearly VND60 trillion worth of bad debts it has bought from banks since October last year.
SBV wants stricter rules on consumer credits
Friday,  Sep 19,2014,22:45 (GMT+7)
HCMC – The State Bank of Vietnam is fielding suggestions for a draft circular under which commercial banks must set up a separate finance company to provide consumer credits to customers.
New circular on foreign loan borrowers
Friday,  Sep 19,2014,22:21 (GMT+7)
HCMC – The central bank has released a circular requiring enterprises taking out medium- and long-term loans from overseas lenders to register at the administering agency if the loans are not guaranteed by the Government.
Home loans abound
Friday,  Sep 19,2014,00:08 (GMT+7)
HCMC – Many banks are rushing to offer preferential home loan packages to customers as housing developers are launching multiple sales programs.
Foreigners keen to join bad debt settlement
Friday,  Sep 12,2014,19:51 (GMT+7)
HCMC – Around 500 institutional and individual investors, many of them foreign, said at a seminar in HCMC on September 11 that they are exploring opportunities to get involved in the bad debt settlement process in Vietnam.
There is still much room for municipal bonds
Friday,  Sep 12,2014,19:50 (GMT+7)
HCMC – With the first issue of municipal bonds in 2003, Vietnam’s municipal bond market is still in its infancy, but it is expected to become bustling as many localities are planning to issue bonds this year, said an official.
Local banks see health declining
Thursday,  Sep 11,2014,20:50 (GMT+7)
HCMC – The latest statistics of the State Bank of Vietnam (SBV) indicate the capital adequacy ratio (CAR) of the local banking system as of end-June dropped 0.71 percentage point compared to the same period last year.
HSBC: Central bank likely cuts OMO rate further
Friday,  Sep 5,2014,16:47 (GMT+7)
HCMC – HSBC Bank has predicted that the central bank would mull another cut of the open market operations (OMO) rate to beef up domestic demand and growth thanks to low inflation this year.
VND22-trillion G-bonds sold in August
Friday,  Sep 5,2014,16:43 (GMT+7)
HCMC - The Hanoi Stock Exchange (HNX) mobilized around VND22 trillion from seven government bond auctions last month, according to Vietnam News Agency.
Credit growth put at 4.33% in Jan-Aug
Wednesday,  Sep 3,2014,23:59 (GMT+7)
HCMC – Credit had grown 4.33% in the banking system in the year to late last month compared to late last year while the central bank’s full-year target is 12-14%.
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Giấy phép Báo điện tử số: 321/GP-BTTT, cấp ngày 26/10/2007
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