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Sunday, September 14, 2025

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Financial Markets

Private banks lower deposit rates

HCMC – Private banks have lowered interest rates for deposits with tenors of six months and beyond while state-run banks have kept their rates...

SBV tells banks to further cut lending rates

HCMC – The State Bank of Vietnam (SBV), the country's central bank, has written to commercial banks asking them to further lower lending rates. Domestic...

Reports required for money transfers from VND500 million

HCMC - The State Bank of Vietnam has issued Circular 09/2023 requiring that information on individuals involved in an electronic transfer of VND500 million...

Banks see bad debt soaring

HCMC – Bad debt in Vietnam's banking system soared in the first half of this year and is expected to rise further in the coming months. The...

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