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Saturday, February 4, 2023
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Vietnam’s auto imports shoot up in November

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

PM calls for measures to stabilize volatile bond market

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

Small banks can thrive

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...

A long wait

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...

SBV inspectorate probes several banks holding corporate bonds

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

Banks unveil ambitious charter capital hike plans

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

SMS Banking fee set at VND11,000 per month

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...

Changes in FX purchase mode does not necessarily change interest rates

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

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

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

Why it’s tough for lending rates to go lower

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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