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Tuesday, July 1, 2025

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Foreign ownership at some local banks may rise to 49%

HCMC - The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%. The Governor...

Interbank interest rates plunge

HCMC – Liquidity in the banking system has improved, which is evident in the strong decline in interbank interest rates. Last week, the interbank interest...

Foreign associations want dollar interest rate cap removed

HCMC - Foreign business associations have proposed the State Bank of Vietnam (SBV) remove the U.S. dollar interest rate cap at 0%, reported the...

Four state-owned banks cut deposit rates

HCMC - Vietnam's big four state-owned commercial banks today, March 15, lowered their 12-month-term deposit interest rate by 20 basis points to 7.2%, just...

Central bank inspect 11 banks

HCMC – The State Bank of Vietnam, the country's central bank, has taken punitive measures against several of 11 commercial banks that have been...

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