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Friday, July 11, 2025

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SBV

Banks slash deposit rates

HCMC – Several commercial banks, including BVBank, Eximbank, MSB, and KienLongBank, have lowered deposit interest rates in response to the directives by the Prime...

PM wants sanctions against banks raising deposit rates

HCMC – Prime Minister Pham Minh Chinh has told the State Bank of Vietnam (SBV) to impose strict measures against commercial banks that are...

Central bank to phase out credit growth quotas

HCMC – The State Bank of Vietnam (SBV) plans to phase out credit growth quotas for banks, targeting a 16% expansion in overall lending,...

Central bank aims for 16% credit growth in 2025

HCMC – Vietnam's central bank, the State Bank of Vietnam (SBV), has set a credit growth target of around 16% for this year. This...

Stabilizing gold market a key priority: SBV

HCMC – Stabilizing the gold market is a critical priority requiring immediate attention, said Dao Minh Tu, deputy governor of the State Bank of...

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...

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