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Tuesday, December 17, 2024

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credit growth

Credit pick-up gathers steam

Credit growth regained momentum in March 2024, giving hopes that lending will further improve in the coming months. Apart from a better economic outlook,...

Harnessing forex rates

In the first quarter of this year, the U.S. dollar strengthened by about 2.3% against the Vietnamese dong, the strongest increase since 2012. The...

Vietnam extends debt restructuring policy

HCMC - Vietnam's central bank has announced an extension of its debt restructuring policy, thus allowing commercial banks to maintain current debt classifications for...

Credit growth amidst sluggish demand

The banking system has seen lower-than-expected credit growth this year, at 1% as of mid-February. Though the State Bank of Vietnam (SBV) has taken...

Real estate firms want lower interest rates

HCMC – Real estate businesses in Vietnam are calling for further interest rate cuts, citing uneven rate cuts among banks and complex borrowing procedures...

Recovery seen in various industries – PM

HCMC - Prime Minister Pham Minh Chinh today, March 14, highlighted positive improvements across a range of industries as he addressed a conference on...

Messages from the SBV

At a conference held on February 20, 2024 to find ways to boost credit to ride out difficulties and fuel economic growth, the State...

PM calls for action on gold market management

HCMC - Prime Minister Pham Minh Chinh has directed the State Bank of Vietnam (SBV) to review Decree 24 on gold trading and propose...

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...

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