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Wednesday, Jun 13, 2018,21:13 (GMT+7)
HCMC – Property loans have been put under tight control since early this year, with outstanding loans in the sector growing an insignificant 2.19%, said the State Bank of Vietnam (SBV).
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Wednesday, Jun 13, 2018,16:44 (GMT+7)
HANOI - The State Bank of Vietnam (SBV) encourages cooperation between commercial banks and financial technology (fintech) companies but urges the enhancement of cybersecurity and data management to safeguard consumers’ interests and stabilize the banking system, officials said.
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Tuesday, Jun 12, 2018,18:29 (GMT+7)
HCMC – Local banks’ outstanding loans as of May 31 had increased by 6.16% compared with the end of 2017, Tien Phong newspaper quoted a representative of the State Bank of Vietnam (SBV) as saying.
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Monday, Jun 11, 2018,19:00 (GMT+7)
HCMC – Economists have warned of forex risks as corporate borrowers have grown dependant on foreign-currency credits, resulting in a strong rise in foreign-currency outstanding loans since early this year, according to Lao Dong newspaper.
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Tuesday, Jun 5, 2018,17:37 (GMT+7)
HCMC – Government guarantees for domestic and foreign credits amounted to more than US$26 billion last year, down a record US$500 million against the previous year, according to a Ministry of Finance report.
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Monday, Jun 4, 2018,13:09 (GMT+7)
HCMC - The domestic gold market displayed little energy last week due to narrow gold price margins, which were unattractive to investors, news website Vietnamplus reports.
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Sunday, Jun 3, 2018,11:18 (GMT+7)
HCMC – The local stock market is expected to make a sharp turnaround this month as business results in the second quarter of listed companies will support investor sentiment, said Nguyen XuanBinh, deputy director of analysis and investment consulting unit of Bao Viet Securities Company.
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Friday, Jun 1, 2018,16:15 (GMT+7)
HCMC – Six commercial banks based in HCMC’s outlying district of Thu Duc pledged on May 31 to lend over VND1,554 billion to 52 companies and two household businesses in the district, Sai Gon Giai Phong newspaper reports.
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Thursday, May 31, 2018,16:44 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has asked commercial banks to limit the number of credit and debit cards and the number of settlement accounts issued for a single client in a bid to fight and prevent fraud, Tuoi Tre newspaper reports.
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Wednesday, May 30, 2018,18:22 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) will mobilize gold from the public and convert gold into money to fund socio-economic development projects, Nguoi Lao Dong newspaper cited a report of SBV.
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Tuesday, May 29, 2018,00:00 (GMT+7)
HANOI – Government bond (G-bond) issues have been restructured in a healthier manner and become a good vehicle for State finance, as it helps reduce the pressure on public debt repayments, said Minister of Finance Dinh Tien Dung at a National Assembly meeting on May 26.
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Friday, May 25, 2018,16:48 (GMT+7)
HCMC – Fitch Ratings has upgraded the Long-Term Issuer Default Ratings (IDRs) and revised the Support Rating Floors of three Vietnamese State-owned banks following its upgrade of Vietnam’s sovereign rating on May 14.
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Tuesday, May 22, 2018,23:42 (GMT+7)
HCMC – The State Audit Office of Vietnam (SAV) said in a report that big banks have got stuck in inefficient financial investments, according a Thanh Nien newspaper report.
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Tuesday, May 22, 2018,16:34 (GMT+7)
HANOI – Cooperatives have said they often find it hard to take out loans from banks although they have sound production plans.
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