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Friday, November 29, 2024

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Financial Markets

Jan-Sept remittances to HCMC soar 40% y-o-y

HCMC - Remittances to HCMC in the first nine months of this year surged by 40% against the year-ago period to US$6.6 billion. This figure...

PM urges SBV to ease lending requirements

HCMC - The prime minister has urged the State Bank of Vietnam (SBV), the nation's central bank, to ease lending requirements and procedures so...

SBV continues issuing bonds

HCMC – The State Bank of Vietnam (SBV), the central bank, has withdrawn an additional VND4,250 billion through a G-bond auction this month. In an...

Banks see bad debt rising

HCMC – Tough business conditions, mostly in the real estate sector, led bad debt in the banking system soaring from 2% early this year...

VND40-trillion aid package sees few takers

HCMC - A VND40-trillion aid package with an interest rate discount of two percentage points for businesses has been disbursed far slower than expected...

Companies extend maturity of VND95 trillion bonds

HCMC - Around 50 businesses are in talks with creditors to extend the maturity of bonds worth VND95 trillion due to tough business conditions. In...

SBV withdraws VND146 trillion via bond sales

HCMC – The State Bank of Vietnam (SBV), the central bank, has drained nearly VND146 trillion from the banking system through 13 recent short-term...

VND120 trillion injected into economy in final week of Sept

HCMC - Vietnam's banking sector injected nearly VND120 trillion, equivalent to around 1% of total outstanding loans, into the economy during the final week...

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