31 C
Ho Chi Minh City
Saturday, September 18, 2021
type here...
spot_img

CATEGORY

Financial Markets

Financial Markets

MB cuts interest rates by VND1 trillion to support customers affected by Covid

Hong Ngan -
HANOI – The Military Commercial Joint Stock Bank (MB) is expected to cut interest rates worth VND1 trillion for customers affected by the Covid-19...
Financial Markets

SBV to impose credit limits on banks failing to cut lending rates as committed

Nhu Phu -
HCMC - The State Bank of Vietnam (SBV) will encourage or restrict credit growth at banks next year, depending on whether these banks have...
Financial Markets

Banks commit to cutting lending rates for pandemic-hit firms

Thanh Ha -
HCMC – Sixteen banks have pledged to reduce lending rates for enterprises affected by the Covid-19 pandemic this year with a total support value...
Financial Markets

SBV asked to weigh piloting virtual currencies

Thanh Ha -
HCMC – The prime minister has requested the State Bank of Vietnam (SBV) to study and pilot the use of virtual currencies from 2021...
Financial Markets

Deposit rates edge up

Thanh Ha -
HCMC – Deposit rates have bounced back given the fact that money flowing into banks tends to stagnate after the Tet holiday. Specifically, the Vietnam...
Financial Markets

Seven local banks to issue domestic chip credit cards

Hong Ngan -
HANOI – Seven local banks and the National Payment Corporation of Vietnam, or Napas, on January 25 jointly held a ceremony to launch domestic...
Financial Markets

State budget revenue meets 98% of target

Thanh Ha -
HCMC - The total State budget revenue was more than VND1,500 trillion this year, meeting 98% of the target, said Minister of Finance Dinh...
Financial Markets

Magnetic ATM cards will not be issued from March next year

Thanh Ha -
HCMC – From March 31, 2021, all new ATM cards must be chip-based ones and not magnetic cards, according to the State Bank of...
Financial Markets

Central bank rejects U.S. designation of Vietnam as currency manipulator

Hong Ngan -
HCMC – In response to the U.S. Treasury Department labelling Vietnam as a currency manipulator, the State Bank of Vietnam (SBV) asserted that Vietnam’s...
Financial Markets

Deposit rates seen dropping further at year-end

Nhu Phu -
HCMC – Many lenders have continued slashing the deposit rates applied for individual customers in the wake of the third policy rate cut announced...
1234Page 1 of 4

Latest news

spot_img

Deputy Editor-in-Chief: Pham Huu Chuong

Managing Editor: Nguyen Van Thang

Assistant Managing Editor: Pham Dinh Dung

Head Office: 35 Nam Ky Khoi Nghia Street, District 1, Ho Chi Minh City, Vietnam. Tel: (84.28) 3829 5936; Fax: (84.28) 3829 4294

Publication Permit No. 41/GP-CBC issued on June 2, 2021 by the Authority of Press. All rights reserved.

About Us

Popular Category

Editor Picks