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Sunday, June 26, 2022

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Financial Markets

SBV says will maintain forex market stability

HCMC – The State Bank of Vietnam (SBV) will likely pump more foreign currencies this year to keep the forex market stable as the...

Vietnam to complete handling of poor-performing banks by 2025

HCMC – The Government has approved a banking sector restructuring and bad debt settlement plan in which the handling of poor-performing commercial banks will...

Extending bad debt settlement scheme can minimize potential risks

HANOI - The extension and improvement of several regulations on bad debt settlement in Resolution 42/2017 will help credit institutions handle potential bad debts...

NA Economic Commision warns of bond market risks

HCMC – The National Assembly’s Economic Commission in a report sent to the legislative body yesterday, May 31, rang a bell of alarm over...

SBV inspectorate probes several banks holding corporate bonds

HCMC - The State Bank of Vietnam’s Inspectorate has been conducting inspections into seven banks that have invested in corporate bonds following the Prime...

Gov’t wants to extend bad debt settlement policy

HCMC – The Government has proposed the National Assembly allow extending the validity of Resolution 42 on bad debt settlement until 2023, it was...

Risk remains even if credit chokes

The State Bank of Vietnam has asked banks, including foreign lender branches, to closely monitor the credit flowing into risky sectors, where real estate...

No property firms issued debt last month

HCMC - After Tan Hoang Minh’s nine bond issues had been canceled and its senior executives detained over this matter, and the Government had...

Banks begin to hike deposit rates

HCMC – Commercial banks are rushing to increase deposit rates to speed up their capital mobilization. Twelve of over 30 banks have raised their deposit...

Local e-wallet market evolving fast but needs to include expats, tourists: expert

HCMC – The e-wallet market in Vietnam is witnessing the implications of rivalry amongst incumbents and new entrants, with an increased amount of consolidation...

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