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Friday, October 25, 2024

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Financial Markets

SBV urges reduction of lending rates

HCMC – The State Bank of Vietnam (SBV), the country's central bank, has urged commercial banks to further lower lending rates to drum up...

SBV asks Eximbank to ward off interest groups

HCMC - The inspection and supervision body under the State Bank of Vietnam (SBV) has requested to Eximbank to exercise caution and integrity in...

Banks lower deposit interest rates further

HCMC - State-owned and private banks have recently lowered their deposit interest rates in response to the decision by the State Bank of Vietnam...

Credit growth remains sluggish

HCMC - Outstanding loans in Vietnam had surpassed VND12.3 quadrillion in the year to mid-June, a 3.36% increase compared to December 2022 and a...

Vietnam counted out of U.S. currency manipulator list

HCMC -- Vietnam remains out of the U.S. monitoring list for currency manipulators, according to the State Bank of Vietnam. The U.S. Department of the...

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