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Thursday, November 21, 2024

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Personal deposits near VND7 quadrillion

HCMC – Personal deposits at commercial banks in Vietnam totaled nearly VND7 quadrillion as of August, up by 6% against the end of 2023,...

Unclear standards hinder green loans: SBV

HCMC – Vietnam’s central bank is urging commercial banks to expand green credit, but unclear guidelines are hampering growth in green finance. Nguyen Thi Hong,...

Risk looms as lending accelerates

Since the beginning of the year, credit growth has shown signs of recovery as demand for loans has improved across various sectors. However, this...

Central bank sells 11 tons of gold to stabilize market

HCMC – Vietnam’s central bank sold over 11 tons of gold from June 3 to October 29 to stabilize the domestic market amid heightened...

Will SBV lower interest rates?

A source from the State Bank of Vietnam (SBV) recently said that the central bank had not ruled out the possibility of reviewing policy...

Balance of payments back to deficit

The balance of payments in the first half of 2024 showed a deficit of nearly US$7.44 billion, a significant reversal from the surplus of...

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