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Financial Markets

Financial Markets

SBV drains VND57.6 trillion from market

The Ky -
HCMC – The State Bank of Vietnam (SBV) withdrew a net amount of VND57.6 trillion from the market to keep liquidity in the banking system scantly...
Financial Markets

Local banks hike savings rates

Nhu Phu -
HCMC – Many banks have hiked interest rates for savings in all tenors since the State Bank of Vietnam increased key interest rates and...
Financial Markets

SBV urges banks to keep interest rates stable

Do An -
HCMC - The State Bank of Vietnam (SBV) has told banks to maintain constant lending interest rates by cutting costs and strengthening the operating...
Financial Markets

Vietnam’s central bank hikes interest rates after Fed move

Chuong Pham -
HCMC – The State Bank of Vietnam (SBV), the nation’s central bank, has decided to hike key interest rates by one percentage point, with...
Financial Markets

Interbank interest rate steady

The Ky -
HCMC - The interbank interest rate has stabilized after an upsurge last week, but it remains considerably high compared to earlier this year, data...
Financial Markets

New decree makes corporate bond market more transparent

Dat Thanh -
HCMC – Decree 65/2022/ND-CP issued on September 16 by the Government is designed to boost transparency on the fast-growing corporate bond market. The annual volume...
Financial Markets

Vietnam dong weakens ahead of Fed meeting

The Ky -
HCMC – The Vietnamese dong currency has dropped against the U.S. dollar in the lead up to the U.S. Federal Reserve (Fed) meeting where...
Financial Markets

Interbank interest rates stay high

Dat Thanh -
HCMC – Interbank interest rates rose to a 10-year high before dropping a little last weekend. The liquidity of the banking system was tighter last...
Financial Markets

Cryptocurrency proposed for addition to anti-money laundering law

Ngoc Nguyen -
HCMC - National Assembly (NA) deputies have proposed adding cryptocurrency and virtual assets to the draft of the anti-money laundering law. The State Bank of Vietnam...
Financial Markets

Several banks get extra room to lend

Dat Thanh -
HCMC – The State Bank of Vietnam (SBV) on September 7 raised credit growth quotas for several banks, paving the way for these lenders...
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