Central rate drops 15 VND

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Báo Dân Trí English 22 hour(s) ago

Central rate drops 15 VND

The State Bank of Vietnam (SBV) on February 5 announced the central rate for the Vietnam dong against the US dollar at 21,861 VND per USD, a drop of 15 VND compared to February 4.

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Tho Loc People's Credit Fund put under special supervision

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Báo Đầu Tư English 23 hour(s) ago

Tho Loc People's Credit Fund put under special supervision

The State Bank of Viet Nam (SBV) on Wednesday announced that it had put the Tho Loc People's Credit Fund under comprehensively special supervision within three months.

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Vietnam central bank mulls tightening real estate credit: report

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Báo Thanh Niên English 1 day(s) ago

With the property sector seeing robust growth in the past year, the central bank is seeking to tighten credit to it, news website VnExpress reported Friday, quoting a securities company.

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Thai KBank to launch in Cambodia

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VietStock FI English 2 day(s) ago

Kasikornbank, Thailand’s fourth-largest bank by assets, has received a licence to open its first branch in Cambodia, a bank executive said yesterday.

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Vietnam arrests 9 for embezzlement at Mekong Housing Bank: report

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Báo Thanh Niên English 2 day(s) ago

Three former executives of partly-private Mekong Housing Bank and six senior managers of its securities company have been taken into custody for serious financial violations, local media reported on Wednesday.

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BUSINESS IN BRIEF 4/2

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VietnamNet English 3 day(s) ago 2 related news

Jetstar Pacific launches Tet promotional fares

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Domestic lending drops off in January

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Báo Đầu Tư English 4 day(s) ago

Domestic lending drops off in January

Lending by January 20, 2016 declined 0.21 per cent against the end of last year, according to a report released by State Bank of Viet Nam (SBV) yesterday.

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Most banking to move online within a few years

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VietnamNet English 5 day(s) ago 1 related news

Most banking to move online within a few years

VietNamNet Bridge - Beautiful bank officers and luxury rooms with air conditioners will no longer be attractive to Vietnamese customers in the future, when they can stay at home and make transactions through e-banking.

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VND30 trillion property support programme still underway: Official

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Báo Đầu Tư English 5 day(s) ago

VND30 trillion property support programme still underway: Official

The government's VND30 trillion (US$1.33 billion) property support package will continue to be implemented until June 1, an official from the central bank said.

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Banks offer money transfer promos

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Báo Đầu Tư English 5 day(s) ago

Banks offer money transfer promos

Commercial banks have put on many promotional programmes for their money transfer services leading up to Tet (Lunar New Year) holiday.

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Bad debt settlement process going slowly

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VietnamNet English 6 day(s) ago 1 related news

Bad debt settlement process going slowly

VietNamNet Bridge - VCB Securities believes that the bad-debt ratio of the national economy may be as high as 11.02 percent.

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SBV to offer $404m of treasury bills

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Báo Đầu Tư English 6 day(s) ago

SBV to offer $404m of treasury bills

The State Bank of Viet Nam (SBV) will launch three releases of treasury bills tomorrow worth VND9 trillion (US$403.5 million).

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Interbank market rates remain high

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Báo Đầu Tư English 6 day(s) ago

Interbank market rates remain high

Interbank market rates rose steeply from November to December 2015. They reached a two-year peak at five per cent per annum, and remained high till the end of the year at rates that were the same as the borrowing cost of reverse repos via open market operations.

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Dollar keeps sliding in Vietnam as foreign investment boosts supplies

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Báo Thanh Niên English 1 week(s) ago

Dollar keeps sliding in Vietnam as foreign investment boosts supplies

The US dollar has fallen quite sharply in Vietnam this month as ample supplies, boosted by strong foreign investment flows, come at a time when dong savings have become more attractive.

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SBV's reference rate falls again

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Báo Đầu Tư English 1 week(s) ago 1 duplicate news

SBV's reference rate falls again

The State Bank of Viet Nam (SBV) yesterday announced its reference rate of VND21,886 per US dollar.

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