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CATEGORY

Financial Markets

Financial Markets

Central bank wants deposit rates stabilized

Ngoc Nguyen -
HCMC – The State Bank of Vietnam (SBV) has urged commercial banks to stabilize deposit interest rates and work towards reducing lending rates to...
Financial Markets

Domestic gold prices climb

Ngoc Nguyen -
HCMC – Domestic gold prices rose further today, November 22, as global prices reached their highest levels in over a week, local media reported. As...
Financial Markets

Domestic gold prices inch up

Ngoc Nguyen -
HCMC – Local gold prices rose further, with SJC-brand gold bars up by VND700,000 per tael, accompanied by similar increases in gold ring prices,...
Financial Markets

Personal deposits near VND7 quadrillion

Ngoc Nguyen -
HCMC – Personal deposits at commercial banks in Vietnam totaled nearly VND7 quadrillion as of August, up by 6% against the end of 2023,...
Financial Markets

Unclear standards hinder green loans: SBV

Dat Thanh -
HCMC – Vietnam’s central bank is urging commercial banks to expand green credit, but unclear guidelines are hampering growth in green finance. Nguyen Thi Hong,...
Financial Markets

Vietnam sits on VND800 trillion idle state funds

Dat Thanh -
HCMC – Around VND800 trillion in state funds is currently staying idle at the State Bank of Vietnam (SBV) but under the prevailing regulations,...
Financial Markets

No ban on real estate lending: central bank

Dat Thanh -
HCMC – The State Bank of Vietnam (SBV) has no regulations that prohibit banks from making real estate loans, said SBV Governor Nguyen Thi...
Financial Markets

Vietnam’s central bank defends gold selling policy

Do An -
HCMC – Vietnam's central bank has defended its decision to sell gold without initiating a buyback of the yellow metal to stabilize the domestic...
Financial Markets

Banks commit VND405 trillion loans for typhoon recovery

Dat Thanh -
HCMC – Thirty-five Vietnamese banks have pledged VND405 trillion in loans to assist individuals and businesses impacted by typhoon Yagi, said Nguyen Thi Hong,...
Financial Markets

Central bank sells 11 tons of gold to stabilize market

Dat Thanh -
HCMC – Vietnam’s central bank sold over 11 tons of gold from June 3 to October 29 to stabilize the domestic market amid heightened...

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