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Monday, December 23, 2024

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State Bank of Vietnam

Interbank rates decline sharply

Interbank interest rates in Vietnam dropped significantly during the week of October 7-11, with the six-month term falling by 96 basis points, the largest...

Balance of payments back to deficit

The balance of payments in the first half of 2024 showed a deficit of nearly US$7.44 billion, a significant reversal from the surplus of...

Curbing gold smuggling is a solution

The Government has sufficient resources to stabilize the volatile gold market. Measured import of gold can help ease the imbalance between supply and demand...

Legal gap in handling bad debt

The progress in resolving bad debt could face a setback due to a significant legal loophole: the right to seize collateral from defaulting borrowers...

Money is not cheap

In an interview with The Saigon Times, Do Thien Anh Tuan, a lecturer at Fulbright School of Public Policy and Management, said that whether...

Out of touch

The Vietnam Association of Financial Investors (VAFI) has sent the prime minister a notable proposal meant to look for solutions to mobilize long-term, low-cost...

Interest subsidy vs monetary loosening

Some recent reports have indicated that the monetary policy of the State Bank of Vietnam (SBV) is not in sync with the global trend. While...

Considerations for building the central bank digital currency in Vietnam

Editor’s Note: Deputy Prime Minister Le Minh Khai has recently entrusted the Ministry of Finance to convene working sessions with the Ministry of Justice,...

Loose monetary policy continues as 2021 is ticking away

The State Bank of Vietnam (SBV) is still intensifying the degree of monetary easing, even when many other countries have recently opted for doing...

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