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Wednesday, October 5, 2022

CATEGORY

Financial Markets

SBV drains VND57.6 trillion from market

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...

Local banks hike savings rates

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

SBV urges banks to keep interest rates stable

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

Vietnam’s central bank hikes interest rates after Fed move

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

Interbank interest rate steady

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

New decree makes corporate bond market more transparent

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...

Vietnam dong weakens ahead of Fed meeting

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...

Interbank interest rates stay high

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...

Cryptocurrency proposed for addition to anti-money laundering law

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...

Several banks get extra room to lend

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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