Bad debt settlement remains tough
Wednesday,  Oct 7,2015,20:49 (GMT+7)
HANOI - The average bad debt ratio in the bank system is projected to fall to below 3% by the end of this year after three years of restructuring but experts describe bad debt settlement as tough.  
HSBC predicts interest rate stability until Q3 next year
Monday,  Oct 5,2015,20:35 (GMT+7)
HCMC - HSBC Bank has projected that the central bank would keep the open market operations (OMO) interest rate stable before delivering an interest rate hike by 50 basis points in quarter three of next year as inflation may rebound on stronger economic growth.
Credit default swaps on G-bonds up
Friday,  Oct 2,2015,16:02 (GMT+7)
HANOI - A rise in credit default swaps (CDS) for Government bonds in August and September indicates growing concern of foreign investors over Vietnam’s public debt, according to the National Financial Supervisory Commission (NFSC).
Central bank slashes dollar deposit rates
Wednesday,  Sep 30,2015,00:05 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) on September 28 strengthened its stance against the hoarding of U.S. dollars by cutting the dollar deposit rate cap for corporate depositors from 0.25% to 0% and that for individual depositors from 0.75% to 0.25%.
Banks revise up long-term deposit rates
Thursday,  Sep 24,2015,21:14 (GMT+7)
HANOI, HCMC - A couple of banks have adjusted up deposit rates for tenors of 12 months or longer to attract more depositors amidst rising corporate demand for loans, the local news site VnExpress reports.
VCCI chairman proposes lending rate cuts
Thursday,  Sep 24,2015,01:06 (GMT+7)
HCMC - Vu Tien Loc, chairman of the Vietnam Chamber of Commerce and Industry (VCCI), has proposed the State Bank of Vietnam (SBV) consider lowering lending rates and adopting proper policies to enable more local firms to take out loans to improve performance.
Gold prices drop, exchange rate stable
Wednesday,  Sep 23,2015,00:32 (GMT+7)
HCMC – Gold prices quoted by Saigon Jewelry Company (SJC) fell on the first trading day this week while the Vietnam dong-U.S. dollar exchange rate remained unchanged from the previous week.  
Forex volatility eases as Fed delays rate hike
Monday,  Sep 21,2015,23:52 (GMT+7)
HCMC - The appreciation of the U.S. dollar against Vietnam dong has eased after the U.S. Federal Reserve (Fed) delayed an interest rate increase.
Greenback firmer against Vietnam dong
Friday,  Sep 18,2015,22:22 (GMT+7)
HCMC – Local banks on September 17 continued raising dollar prices to near the upper limit set by the central bank ahead of a possible interest rate hike by the U.S. Federal Reserve (Fed).
Chartered capital drops at banks
Thursday,  Sep 17,2015,21:02 (GMT+7)
HCMC – Total chartered capital had fallen significantly at banks in Vietnam as of July compared to the end of last year.
Dollar price approaches upper limit
Wednesday,  Sep 16,2015,20:48 (GMT+7)
HCMC – U.S. dollar prices quoted by local banks on September 15 nearly touched the upper limit regulated by the central bank after a period of exchange rate stability.
Central bank puts credit growth at 10.23%
Thursday,  Sep 10,2015,21:02 (GMT+7)
HCMC - Total credit growth reached 10.23% at the end of August compared to late 2014, double the same period last year, according to Nguyen Tien Dong, head of the Credit Department at the State Bank of Vietnam.
Jan-Aug credit grows 9.54%
Tuesday,  Sep 8,2015,00:19 (GMT+7)
HCMC - January-August credit grew 9.54% compared to the end of 2014, well above the 4.33% of last year’s same period, according to an updated report the Credit Department under the State Bank of Vietnam. 
Foreign investors extend bond sales
Thursday,  Sep 3,2015,20:14 (GMT+7)
HCMC - Foreign investors have continued net selling bonds on the secondary market for the fifth straight week with a net value of over VND2.12 trillion (US$94.26 million), the highest in the year to date. 
Credit growth at three-year high in city
Tuesday,  Sep 1,2015,17:34 (GMT+7)
HCMC – Total outstanding loans at HCMC-based banks in January-August grew around 6.5% compared to late 2014, the highest growth in three years, according to a report of the central bank’s HCMC branch.
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Giấy phép Báo điện tử số: 321/GP-BTTT, cấp ngày 26/10/2007
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