SBV ready to intervene in forex market

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VietnamNet English 16 hour(s) ago

The State Bank of Vietnam (SBV) said it will sell foreign currency to stabilize the exchange rate between the dong and the U.S. dollar days after local banks revised up the rate almost to the permissible ceiling.

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Agribank remains top dog in terms of assets

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VietnamNet English 20 hour(s) ago 1 related news

Agribank remains top dog in terms of assets

With total assets of VND763 trillion (US$35.16 billion), the Viet Nam Bank for Agriculture and Rural Development (Agribank) retained the top slot in terms of assets in the first months of this year.

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Vietnamese “chaebols”: Tu Huong ‘Empire' and Nam A Bank

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VietnamNet English 22 hour(s) ago

Vietnamese “chaebols”: Tu Huong ‘Empire' and Nam A Bank

VietNamNet Bridge – Nam A Commercial Joint Stock Bank has changed a lot during its development process, but there is an "invariable" aspect, which is the dominant power of Mrs. Tu Huong’s family.

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Bank shares back market up

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VietNam News English 24 hour(s) ago 1 related news

Stock markets yesterday turned back to recovery as bank shares had an impressive performance.

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Agribank remains top dog in terms of assets

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VietNam News English 24 hour(s) ago 1 related news

With total assets of VND763 trillion (US$35.16 billion), the Viet Nam Bank for Agriculture and Rural Development (Agribank) retained the top slot in terms of assets in the first months of this year.

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Vietnam loans rise 4.26 pct as of late May vs Dec 2014: agency

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Báo Thanh Niên English 2 day(s) ago

Vietnam loans rise 4.26 pct as of late May vs Dec 2014: agency

Banks in Vietnam posted credit growth of 4.26 percent as of May 20 compared with the end of 2014, accelerating from a rise of 1.11 percent during the same period a year ago, the National Financial Supervisory Commission said on Thursday.

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Dollar falls, following SBV's message

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Báo Đầu Tư English 2 day(s) ago 1 related news

Dollar falls, following SBV's message

Dollar rates fell in all local commercial banks on May 27, after the State Bank of Viet Nam (SBV) said it would not lift the rate this year.

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Dollar falls following SBV's announcement

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VietNam News English 2 day(s) ago 1 related news

Dollar rates in all local commercial banks fell yesterday after the State Bank of Viet Nam (SBV) said it will not lift the rate this year.

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Central bank holds firm to exchange rate stabilising plan, ready to sell forex

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Báo Thanh Niên English 3 day(s) ago 1 related news

Central bank holds firm to exchange rate stabilising plan, ready to sell forex

Photo: Ngoc Thang

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Vietnam ready to sell forex to stabilize exchange rate: c.bank

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Báo Tuổi Trẻ English 3 day(s) ago 1 related news

Vietnam ready to sell forex to stabilize exchange rate: c.bank

Vietnam's central bank stands ready to help stabilize the dollar/dong exchange rate and will keep the two-percent band movement for the rest of the year, a deputy governor said.

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Vietnam banks hiding bad debt

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Báo Dân Trí English 3 day(s) ago

Vietnam banks hiding bad debt

Banks in Vietnam are underreporting bad and doubtful debt by as much as 10 times so their numbers look better and to avoid investigation of their loan portfolios, an economist said.

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Dong/dollar exchange rate likely to stay firm

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VOV News English 3 day(s) ago 1 related news

Dong/dollar exchange rate likely to stay firm

Businesses and analysts all believe that the State Bank (SBV) will not devalue the dong again this year because there will be less pressure on the exchange rate.

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Dong/dollar exchange rate likely to stay firm

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VietnamNet English 4 day(s) ago 1 related news

Dong/dollar exchange rate likely to stay firm

VietNamNet Bridge - Businesses and analysts all believe that the State Bank (SBV) will not devalue the dong again this year because there will be less pressure on the exchange rate.

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Vietnamese banks honoured in Cambodia

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VietNam News English 3 day(s) ago 2 related news

The Bank for Investment and Development of Viet Nam (BIDV) and its member the Bank for Investment and Development of Cambodia (BIDC) were honored at a ceremony on Monday in Phnom Penh for their outstanding contributions to the socio-economic development of Cambodia.

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Bourses rise as money keeps flowing

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VietNam News English 3 day(s) ago

Bourses rise as money keeps flowing

Both bourses extended their upward tick yesterday due to the continuance of strong money flows into the markets. This marks the sixth consecutive session to show improvement, a positive trend after a period of weak performance.

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