HCMC – The State Bank of Vietnam (SBV) advised depositors not to make premature cash withdrawals from the Saigon Commercial Bank, or SCB, over negative...
HCMC - Many actions have been taken, including an amendment to the lending procedures and policies, to remove difficulties in loan disbursement from the...
HCMC - At a government-to-business conference held yesterday, representatives of business associations expressed their concern over being unable to access bank loans as banks...
The Vietnamese dong currency remains remarkably stable while other currencies are sliding against the U.S. dollar. This situation makes foreign exchange rate management increasingly...
The State Bank of Vietnam (SBV) is now faced with two options, either hiking interest rates to curb inflation or continuing accommodative monetary policy...