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Saturday, April 27, 2024

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Credit growth remains sluggish

HCMC - Outstanding loans in Vietnam had surpassed VND12.3 quadrillion in the year to mid-June, a 3.36% increase compared to December 2022 and a...

More loosening on the horizon?

While interest rate cuts have yet to have a strong positive impact, tough access to capital and stagnant cash flow have yet to be...

Central bank lowers interest rate caps

HCMC – The State Bank of Vietnam (SBV), the country's central bank, has once again lowered the maximum deposit interest rate for tenors below...

Woes persist despite interest rate cut

Contrary to expectations, the stock market has remained lackluster since the State Bank of Vietnam (SBV) lowered key interest rates in late May. U.S. debt...

Bad debt on the rise

Bad debt has begun rising. Without a quick solution to keep it in check, bad debt would be once again a big problem for...

Major banks further lower deposit interest rates

HCMC - Several major banks have slashed their deposit interest rates by 0.5 percentage point compared to those in mid-May, right after the State...

Navigating monetary policy amid economic turmoil

Exercising prudence in navigating monetary policy has become more critical than ever as recession risks, escalating inflation, slow global trade growth and a banking...

SBV to inspect share transfers among credit institutions

 The State Bank of Vietnam (SBV), the central bank, will focus on inspecting share transfers among credit institutions this year to prevent cross ownership...

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