Circular ownership in banking system easing, state bank says

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VietnamNet English 3 week(s) ago

Circular ownership in banking system easing, state bank says

VietNamNet Bridge – Cross-ownership, long considered a serious threat to the banking system, is on the wane, according to Dao Minh Tu, Deputy Governor of the State Bank of Vietnam. Some economists, however, disagree.

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Small bills cause major inconvenience

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VietnamNet English 1 month(s) ago

Small bills cause major inconvenience

VietNamNet Bridge – The State Bank has decided to stop printing more small bills, which play an important role in Buddhist worshipping practice but end up costing billions of dong to produce.

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Small bills cause major inconvenience

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VietNam News English 2 month(s) ago

Small bills cause major inconvenience

The State Bank has decided to stop printing more small bills, which play an important role in Buddhist worshipping practice but end up costing billions of dong to produce. Khanh Huyen and Mai Thuy report.

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Vietnamese firm aids Cambodian province’s development

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VietnamPlus English 2 month(s) ago 1 related news

The Deputy Governor of Kampong Thom province, Huon Manit, has praised a Vietnamese-invested rubber company for its contribution to the Cambodian locality’s socio-economic development.

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Greenback slides, gold on high

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VietNam News English 2 month(s) ago 2 related news

The greenback yesterday slightly dipped against Monday in the wake of increasing gold prices, marking the highest point for gold in two months.

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Central bank pledges consistent, flexible forex policy

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VOV News English 2 month(s) ago 2 related news

Central bank pledges consistent, flexible forex policy

The State Bank of Vietnam (SBV) is committed to a consistent but flexible policy on foreign exchange management this year with a view to maintaining currency market stability and increases foreign currency reserves.

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Phnom Penh cracks down on ‘illegal’ protests

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VietnamPlus English 3 month(s) ago

Phnom Penh authorities will crack down on protests that violate Cambodian law, an official warned on January 20.

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Japan’s Saitama commits to closer ties with Hanoi

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VietnamPlus English 3 month(s) ago

Japan’s Saitama commits to closer ties with Hanoi

Hanoi and Japan’s Saitama Prefecture on January 17 signed a Memorandum of Understanding (MoU) boosting their future development cooperation in a comprehensive manner.

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ATMs overloaded for Tet

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Báo Dân Trí English 3 month(s) ago 1 duplicate news

ATMs overloaded for Tet

Banks say they will try to keep a smooth ATM maintenance service on Tet, when the demand for cash sharply increase.

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Central bank not to issue new small banknotes for Tet

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Báo Tuổi Trẻ English 4 month(s) ago

Central bank not to issue new small banknotes for Tet

The State Bank of Vietnam will not issue new banknotes with denominations lower than VND2,000 (US$0.1) for the occasion of the Lunar New Year to save expenses as bills with such small face values are being used as donation money, not as a means of payment.

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Vietnamese bank’s subsidiary opens new branch in Phnom Penh

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VietnamPlus English 4 month(s) ago 2 related news

Vietnamese bank’s subsidiary opens new branch in Phnom Penh

A subsidiary of the Bank for Investment and Development of Vietnam on December 22 opened its seventh branch in Mean Chey district, Phnom Penh.

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BIDV subsidiary company opens seventh branch in Cambodia

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VOV News English 4 month(s) ago 2 related news

BIDV subsidiary company opens seventh branch in Cambodia

(VOV) - The Bank for Investment and Development of Cambodia (BIDC), a subsidiary company from the Bank for Investment and Development of Vietnam (BIDV) inaugurated its seventh branch in Cambodia on December 22.

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Central bank says no more delays in new rules for bad debts

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Báo Thanh Niên English 4 month(s) ago

The central bank says it will allow no more delays in the implementation of tighter rules on bad-debt classification and risk provisions initially set to take effect June 1 and then delayed until next year.

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Controlling Vietnamese-Cambodian cross-border drug trafficking

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VOV News English 4 month(s) ago

(VOV) - Vietnam and Cambodia have signed a Memorandum of Understanding (MoU) on December 20 detailing cooperation to control the trade of drugs and drug precursors along and across their shared border.

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Credit growth yet to meet target

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VietnamPlus English 4 month(s) ago 2 related news

It is unlikely that the banking sector will reach its 12 percent credit growth target this year, when to date the figure is only 8.5 percent, according to Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Dong Tien.

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