28.9 C
Ho Chi Minh City
Saturday, April 5, 2025

spot_img

TAG

SBV

Foreign associations want dollar interest rate cap removed

HCMC - Foreign business associations have proposed the State Bank of Vietnam (SBV) remove the U.S. dollar interest rate cap at 0%, reported the...

Four state-owned banks cut deposit rates

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...

Central bank inspect 11 banks

HCMC - The State Bank of Vietnam, the country’s central bank, has taken punitive measures against several of 11 commercial banks that have been...

VND120 trillion credit package for social housing to be rolled out

HCMC – The Government has assigned the State Bank of Vietnam (SBV) to implement a credit package of VND120,000 billion for developing homes for...

Foreign reserves rise again

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...

Banks slash deposit rates

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 vs interest rate

Forex rate and interest rate are two major macro variables in the economy, and they alongside inflation take center stage in monetary management. The...

Latest news

spot_img