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Vietnam’s auto imports shoot up in November

Kim Ngan -
 HCMC – The number of cars imported into Vietnam last month soared sharply, driven by the strong domestic demand.
Video News

PM calls for measures to stabilize volatile bond market

Kim Ngan -
HCMC - Prime Minister Pham Minh Chinh has signed an official dispatch ordering the Ministry of Finance to take prompt action to stabilize the...
In the news

Small banks can thrive

Nhu Phu -
Many have asked how small commercial banks can compete with big state-owned banks. Reality in the banking system has shown that the biggest does...
In the news

A long wait

Nhu Phu -
Outstanding loans in the banking system as of August 15 had totaled more than VND11,450 trillion, up 9.62%. Credit had grown 9.35% in the...
Financial Markets

SBV inspectorate probes several banks holding corporate bonds

Thanh Ha -
HCMC - The State Bank of Vietnam’s Inspectorate has been conducting inspections into seven banks that have invested in corporate bonds following the Prime...
In the news

Banks unveil ambitious charter capital hike plans

Thanh Ha -
Banks have faced pressure to increase their charter capital over the past few years to enhance their financial capacity and improve safety indicators to...
Other News

SMS Banking fee set at VND11,000 per month

Minh Tuan -
HCMC – Commercial banks and telecommunications companies have agreed to offer a full-package SMS Banking service at VND11,000 per user per month after users...
In the news

Changes in FX purchase mode does not necessarily change interest rates

Thanh Ha -
The media and analyses tend to view policies pertaining to foreign currency purchase implemented by the State Bank of Vietnam (SBV) as indicative of...
HCMC

Banks shut over 300 transaction offices in HCMC over stringent anti-virus measures

Nhu Phu -
HCMC - Over 300 transaction offices of commercial banks in HCMC have suspended their operations as the city bans residents from leaving their homes...
In the news

Why it’s tough for lending rates to go lower

Hong Ngan -
This year, commercial banks have so far revised down many times their deposit and lending rates. However, lending rates are thought to be high....

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