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Sunday, April 28, 2024

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Transactions over VND400 million must be reported

Beginning December 1, all transactions of real estate, foreign exchange and game prizes must be reported to the State Bank of Vietnam (SBV) if...

Credit growth quotas still necessary, says central bank governor

HCMC – Credit growth quotas remain essential for sustaining economic growth and supporting businesses and individuals, said Nguyen Thi Hong, governor of the State...

Jan-Sept remittances to HCMC soar 40% y-o-y

HCMC - Remittances to HCMC in the first nine months of this year surged by 40% against the year-ago period to US$6.6 billion. This figure...

PM urges SBV to ease lending requirements

HCMC - The prime minister has urged the State Bank of Vietnam (SBV), the nation's central bank, to ease lending requirements and procedures so...

Short-term capital overutilized

The ratio of short-term capital used to make long-term loans now needs to be reduced as required by the central bank, but it has...

SBV withdraws VND146 trillion via bond sales

 The State Bank of Vietnam (SBV), the central bank, has drained nearly VND146 trillion from the banking system through 13 recent short-term bond auctions.

SBV withdraws VND146 trillion via bond sales

HCMC – The State Bank of Vietnam (SBV), the central bank, has drained nearly VND146 trillion from the banking system through 13 recent short-term...

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