25 C
Ho Chi Minh City
Friday, September 26, 2025

CATEGORY

News

Basel is not the solution

“Basel is the standard for enhancing capital adequacy for banks, but Basel does not guarantee that banks will not encounter risks. The effectiveness of risk management is achieved when internal bank governance is good, such as increasing capital to meet Basel requirements to enhance safety for depositors, not for additional lending,” said Dr. Dinh The Hien in a talk with The Saigon Times. Transparent but more flexibility neededThe Saigon Times: Regarding the issue of the credit growth target, in 2024, the State Bank of Vietnam (SBV) has introduced a new approach by allocating the entire credit growth target from the beginning of the year, along with openly disclosing the calculation method. How do you evaluate this approach?Dr. Dinh The Hien: Looking at the calculation formula of the SBV, it can be seen that the credit growth quotas in 2024 for commercial banks in the system will depend on two main factors: credit growth in 2023 and the ranking in 2022 according to Circular 52/2018 of the SBV. Therefore, there are two possibilities that need to be considered. Firstly, similar to the annual local budget expenditure plan, if this year’s target is not fully realized, it will be cut in the […]
To read more, please click here.

Hanoi, HCMC real estate markets show mixed results – report

HCMC - The real estate markets in Vietnam's two largest cities, Hanoi and HCMC, indicated signs of recovery amid protracted woes in the final months...

Multiple Ministry of Industry and Trade officials disciplined

HCMC – The Inspection Commission of the Party Central Committee has taken disciplinary measures against multiple officials at the Ministry of Industry and Trade...

Former chairman of Bac Ninh Province detained

HCMC - Nguyen Tu Quynh, former chairman of the northern province of Bac Ninh, has been placed in custody on alleged charges of bribes...

German President Steinmeier to pay state visit to Vietnam

HCMC - German President Frank-Walter Steinmeier, accompanied by his spouse, is set to pay a state visit to Vietnam from January 23 to 24...

Hungary supports Vietnam in securing EU investment protection agreement

HCMC - Hungary's Prime Minister Viktor Orban has pledged to urge fellow EU nations to endorse the EU-Vietnam investment protection agreement (EVIPA) during his...

HCMC postpones sidewalk use fee collection

HCMC - HCMC has halted its plan to collect fees on sidewalk and roadside usage due to regulatory hindrances. The decision was communicated in an...

PM Chinh arrives in Hungary for official visit

HCMC - Vietnam's Prime Minister Pham Minh Chinh has arrived in Budapest, starting his official visit to Hungary from January 18 to 20 at the...

Latest news