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Thursday, April 3, 2025

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Financial Markets

Zalo Bank not licensed: SBV

HCMC – A representative of the State Bank of Vietnam (SBV) has affirmed that the central bank has not licensed Zalo Bank to provide...

Calling for cryptocurrency investment is illegal: official

HCMC – A former top police official asked local residents to stay clear of persons calling for investments in cryptocurrencies to avoid being cheated,...

Banks see abundant capital amid low credit demand

HCMC – Local banks have seen ample capital as the economy posted a low credit demand given the impact of the coronavirus pandemic, Nguoi...

Central bank’s VND16 trillion aid receives lackluster response from employers

HCMC – The State Bank of Vietnam (SBV) has deployed a financial package worth VND16 trillion to support enterprises impacted by the coronavirus pandemic,...

SBV transfers VND16 trillion to offer loans to impacted firms

HCMC – The State Bank of Vietnam (SBV) has transferred VND16 trillion to the Vietnam Bank for Social Policies, so employers can borrow non-collateral...

SBV continues lowering key interest rates

HCMC – The State Bank of Vietnam (SBV) has announced the reduction of a series of key interest rates from May 13, to address...

Banks will not ease lending rules for VND285t stimulus package

HCMC - Banks will simplify lending procedures to help businesses easily access the VND285 trillion stimulus package, but they will not ease lending standards...

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