Sunday,  May 26, 2019,07:19 (GMT+7) 0 0
Monday,  May 20, 2019,20:00 (GMT+7)
HANOI – Online and mobile payments have kept booming, with year-on-year growth in the first quarter of 2019 reaching 70% and 97.7%, respectively.
Monday,  May 20, 2019,18:41 (GMT+7)
HCMC – Local banks continued raising the U.S. dollar to a new high of nearly VND23,500 today, May 20, given the ongoing trade war between the United States and China, according to news site Nguoi Lao Dong Online.
Monday,  May 20, 2019,12:24 (GMT+7)
HCMC - Traffic projects under the build-operate-transfer (BOT) format, after the property sector, are now on the list of borrowers deemed to be risky clients for banks over the long term.
Sunday,  May 19, 2019,12:48 (GMT+7)
Not only should the State Bank of Vietnam maximize its flexible and effective monetary policy, but commercial banks also need to actively improve their internal strength and gain their own competitive advantages to be on the same footing with regional rivals. This is one of the key messages passed on during the Banking Panorama Forum 2019 jointly hosted by the Saigon Times Group and the central bank in Hanoi on May 8.
Thursday,  May 16, 2019,19:14 (GMT+7)
HCMC – South Korean group SK has become a strategic partner of the local conglomerate Vingroup as both sides clinched a deal for the investment of some VND23.3 trillion, roughly US$1 billion, today, May 16.
Thursday,  May 16, 2019,12:14 (GMT+7)
HCMC – The Government has decided to establish a development fund to offer low-interest loans to small and medium enterprises (SMEs), Motthegioi news site reported.
Thursday,  May 16, 2019,10:47 (GMT+7)
HCMC – The recovery rate of distressed bank loans in corruption and economic crime cases has fallen short of expectations with only 17.26% of such loans in Vietnamese dong and 59.48% in foreign currencies recovered between 2013 and September 2018.
Wednesday,  May 15, 2019,19:46 (GMT+7)
HCMC – The State Bank of Vietnam continued lifting the central reference rate between the Vietnamese dong and the greenback to a new record high today, May 15, in response to China’s dropping the yuan to a four-month low.
Tuesday,  May 14, 2019,14:02 (GMT+7)
HCMC - The State Bank of Vietnam (SBV) will put up for auction more than 600 tons of melted coins at a starting price of over VND48 billion (US$2.1 million).
Monday,  May 13, 2019,19:12 (GMT+7)
HCMC – The State Bank of Vietnam today revised down the central reference rate between the dong and the U.S. dollar after the greenback had appreciated sharply the previous week, according to Nguoi Lao Dong Online website.
Wednesday,  May 8, 2019,20:30 (GMT+7)
HANOI – It will be hard for banks to lower interest rates in the coming years, depending on the actions of the U.S. Federal Reserve and the management activities of the State Bank of Vietnam (SBV), a veteran economist stated at a forum in Hanoi today, May 8.
Wednesday,  May 8, 2019,19:37 (GMT+7)
HCMC – Having raised U.S. dollar prices to over VND23,400 on Tuesday, local banks continued chasing up the greenback by some VND40 today to a record high of some VND23,450, the local media reported.
Tuesday,  May 7, 2019,18:42 (GMT+7)
HCMC – Local banks unexpectedly raised U.S. dollar prices to over VND23,400 today, May 7, soaring by VND50-VND55 compared with the previous day, according to the local media.
Tuesday,  May 7, 2019,11:06 (GMT+7)
HCMC – Local banks have continued raising the interest rates for certificates of deposit (CD) to attract customers, with some even raising rates beyond the record high of 9% per annum, according to a report on the Nguoi Lao Dong Online website.
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