Inter-bank rate slides to one-month record low

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Báo Đầu Tư English 1 month(s) ago

The one-month record low inter-bank rate reported last week has confirmed that the liquidity of the dong has cooled down.

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Automation war breaks out among young banks

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Báo Đầu Tư English 1 month(s) ago

Young commercial banks in Vietnam have geared up to automate retail banking services in order to compete with older banks.

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Dong liquidity cools down

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Báo Đầu Tư English 1 month(s) ago

Liquidity of the Vietnamese dong in the banking system has shown signs of cooling down over the past week.

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Vietnam banks offer promotions as gold market tenses for God of Wealth Day

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Báo Tuổi Trẻ English 4 month(s) ago 1 related news

Banks in Vietnam return after the Lunar New Year festival with promotions to attract deposits while the local gold market builds up speed in anticipation of the God of Wealth Day.

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At least 6 killed in mine collapse in eastern India

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Báo Dân Trí English 5 month(s) ago 2 related news

At least six workers have been killed in a coal mine accident in eastern India, and police said Friday that 17 others could remain trapped in the mine.

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SBV pumps in capital to control interest rate heat

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Báo Dân Trí English 5 month(s) ago

The State Bank of Vietnam (SBV) has ceased issuing treasury bills and begun pumping capital totaling VND22 trillion ($966.46 million) into the market via open market operations (OMO) in the last three weeks.

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Banks increase dong interest rate to lure depositors

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Báo Đầu Tư English 5 month(s) ago

A number of commercial banks have increased their Vietnamese dong deposit interest rates by 0.2-0.4 per cent per year to attract depositors at year-end.

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Deposits rise in Đồng Nai’s banks

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Báo Đầu Tư English 6 month(s) ago

Credit organisations in Đồng Nai Province have mobilised VNĐ153 trillion (US$6.8 billion) in deposits from early this year till date, which is 23 per cent higher than at end-2015.

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Some banks cut deposit interest rates

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Báo Đầu Tư English 6 month(s) ago

Several commercial banks have unexpectedly slightly cut the dong-denominated deposit interest rates in the past week, according to report by the State Bank of Viet Nam (SBV).

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BAC A BANK hit two prominent awards

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Báo Đầu Tư English 6 month(s) ago

Today, locally-owned BAC A BANK has reaped two high-profile windfalls, namely the “Bank with typical innovative products 2016” and the “Bank for the community” awards, within the Vietnam Outstanding Banking Awards 2016.

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iPhone 7 and 7 Plus sales strong in VN

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Báo Đầu Tư English 6 month(s) ago

Sales of iPhone 7 and 7 Plus smartphones have been stronger than the previous versions, according to major retailers in Vietnam.

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Monetary policy supports economic growth

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Báo Đầu Tư English 6 month(s) ago

A flexible monetary policy supported stability in Viet Nam’s financial market and fostered economic growth this year, a National Financial Supervisory Commission (NFSC) official said in Ha Noi last week.

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Illegal mining, weak government help Taliban expand in Afghan north

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Báo Dân Trí English 7 month(s) ago

Afghan Taliban militants have strengthened their grip on lucrative illegal mining operations in the north of the country, as security forces focus most of their efforts on battling the insurgency in the volatile south, officials said.

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Banks cut short-term deposit rates

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Báo Đầu Tư English 8 month(s) ago

Some major commercial banks lowered interest rates for deposits in dong with terms of less than a year, by 0.3-0.5 percentage points, on September 26.

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Vietnam cbank wants to forbid foreigners from opening savings accounts in local currency

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Báo Tuổi Trẻ English 8 month(s) ago

The Vietnamese central bank is looking to ban foreigners from opening savings accounts in VND, after the foreign citizens were prohibited from depositing in foreign currency pursuant to a government decree issued two years ago.

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