Local banks’ revenues grow on increasing retail, services
Wednesday,  Feb 7,2018,22:33 (GMT+7)
HCMC – Local banks have reported their revenues last year, mainly from retail banking activities and services, and the trend will continue this year, according to Dau Tu Chung Khoan newspaper.
Moody’s positive about bad debt settlement in local banks
Wednesday,  Feb 7,2018,18:25 (GMT+7)
HCMC – Some Vietnamese banks have made meaningful progress in the settlement of legacy problem assets, which has helped improve banks’ asset quality and removes a drag on their profitability, according to Moody’s Investors Service.
SBV requires safe banking for Tet
Saturday,  Feb 3,2018,00:01 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has issued Official Dispatch No.726 asking SBV branches, commercial banks, foreign bank branches and National Payment Corporation of Vietnam (Napas) to ensure safe and secure banking for the upcoming Lunar New Year (Tet), Tien Phong newspaper reports.
Vietnam dong weakens against most foreign currencies
Friday,  Feb 2,2018,12:57 (GMT+7)
HCMC – While Vietnam’s dong currency has got firmer against the U.S. dollar, it has depreciated against most other hard foreign currencies like Euro, British pound, Canadian and Australian dollars, Tuoi Tre newspaper reports.
Local banks invest more in long-term bonds
Thursday,  Feb 1,2018,18:58 (GMT+7)
HCMC – Commercial banks have been active in the bond market, buying more 30-year Government bonds which they earlier considered risky, according to Forbes Vietnam.
Central bank looks to stabilize exchange rate
Wednesday,  Jan 31,2018,18:21 (GMT+7)
HCMC – Though the domestic currency is getting firmer against the U.S. dollar, the central bank aims to stabilize the exchange rate to support exports, Nguoi Lao Dong newspaper reported. 
Banks urged to settle bad debts
Sunday,  Jan 28,2018,21:05 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has told commercial banks to adopt measures in line with the National Assembly’s Resolution 42 to accelerate the settlement of non-performing loans, according to Tuoi Tre newspaper.
SBV asks banks to prioritize loans for production and business
Friday,  Jan 26,2018,22:47 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has told local banks and foreign bank branches to increase lending to production and business activities, according to a Thoi Bao Ngan Hang newspaper report.
Vietnam currency seen stable this year
Friday,  Jan 26,2018,00:05 (GMT+7)
HCMC - Strong remittance inflows, rising foreign exchange reserves and anti-dollarization efforts will help stabilize the exchange rate between the U.S. dollar and the Vietnam dong this year, according to news website An Ninh Tien Te.
No system-wide interest rate cuts in sight
Thursday,  Jan 18,2018,23:12 (GMT+7)
HCMC – There is little sign of interest rates being lowered across the banking system as small banks are still grappling with limited liquidity, Thoi Bao Kinh Doanh newspaper reported.
Bitconnect shuts down lending and exchange platform
Thursday,  Jan 18,2018,17:05 (GMT+7)
HCMC – Bitconnect, a cryptocurrency lending platform, has announced the shutdown of its lending program and exchange platform, news website Vietnamnet reported, citing a statement on BitConnect website.
Vietcombank to cut lending rates
Thursday,  Jan 11,2018,18:50 (GMT+7)
HCMC – The Bank for Foreign Trade of Vietnam (Vietcombank) has issued an interest rate reduction policy applicable to both new and old loans, especially those taken out by businesses in priority sectors.
IFC approves loan for Vietnam clean water project
Thursday,  Jan 11,2018,18:32 (GMT+7)
HCMC - The International Finance Corporation (IFC), a private lending arm of the World Bank, has committed a US$15.3-million convertible loan to DNP Water Joint Stock Company to support clean water supply for urban households in Vietnam, IFC announced on Tuesday.
SBV warns 15 banks against risky lending
Wednesday,  Jan 10,2018,23:11 (GMT+7)
HCMC – The State Bank of Vietnam (SBV) has issued warnings to 15 commercial banks as they have offered too much credit for some high-risk sectors, news website Dan Tri quoted SBV deputy governor Dao Minh Tu as saying on January 9.
SBV: Bad debt kept at below 3%
Tuesday,  Jan 9,2018,18:25 (GMT+7)
HCMC - Bad debt was effectively controlled and kept at below 3% of total outstanding loans as of the end of last year, said the State Bank of Vietnam (SBV) in its 2017 report on monetary policy and the banking system.
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