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Tuesday, May 6, 2025

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Credit growth reaches 15.08% in 2024

HCMC – Credit growth in Vietnam's economy reached 15.08% as of December 31, 2024, with outstanding loans totaling VND15.6 quadrillion, an increase of over...

Forex management on edge

Unusual exchange rate movements in recent times reflect the shifting expectations on the monetary policy by the U.S. Federal Reserve (Fed) and declining foreign...

The race for bank capital hikes

Vietnamese banks have been in a race to add capital this year. This bank capital increases are expected to accelerate further in the coming...

Stabilizing interest rates amid credit expansion

Loans totaling nearly VND1.51 quadrillion were made by credit institutions in the first 11 months of 2024. All eyes are on whether interest rates...

Financial health of small banks

Credit continued to grow positively in the first nine months of 2024, but the full-year target of 15% is still hard to achieve. New...

Exchange rate pressure mounts

Recently, commercial banks have listed the selling price of the U.S. dollar at a level close to the ceiling set by the State Bank...

SBV raises credit growth quotas for banks

HCMC – The State Bank of Vietnam (SBV) has increased credit growth quotas for banks in 2024, allowing lenders to expand lending. This is the...

Central bank wants deposit rates stabilized

HCMC – The State Bank of Vietnam (SBV) has urged commercial banks to stabilize deposit interest rates and work towards reducing lending rates to...

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,...

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