HCMC – The State Bank of Vietnam (SBV), the nation’s central bank, is taking steps to tighten control on commercial banks’ acquisitions of corporate...
HCMC - Vietnam's big four state-owned commercial banks today, March 15, lowered their 12-month-term deposit interest rate by 20 basis points to 7.2%, just...
Vietnam’s foreign exchange reserves are being replenished.
Signs foreseen
The State Bank of Vietnam (SBV) has been buying foreign currency since January, acquiring an extra US$2.78...
HCMC - Ten commercial banks have cut their deposit rates by 0.3-0.8 percentage point following a meeting between the central bank and commercial banks...
Forex rate and interest rate are two major macro variables in the economy, and they alongside inflation take center stage in monetary management. The...