VN Central Bank says Hoang Anh Gia Lai Group is not being inspected

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VietnamNet English 2 week(s) ago 3 related news

VN Central Bank says Hoang Anh Gia Lai Group is not being inspected

The recent rumours about property and agriculture group Hoang Anh Gia Lai (HAGL) facing an inspection were groundless, State Bank of Vietnam (SBV) Deputy Governor Nguyen Phuoc Thanh said.

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Despite demands, bank lending rates unlikely to fall

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Báo Thanh Niên English 3 week(s) ago 2 related news

Despite demands, bank lending rates unlikely to fall

Though inflation remains low, banks have not further cut loan interest rates, worrying local enterprises, which are set for fierce competition as Vietnam accedes to several free trade agreements.

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Creditors may be allowed to go bankrupt

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Báo Dân Trí English 3 week(s) ago 2 related news

Creditors may be allowed to go bankrupt

The State Bank of Vietnam (SBV) would consider allowing some ailing financial companies and people's credit funds to declare bankruptcy this year, according to Deputy Governor Nguyen Phuoc Thanh.

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Creditors may be allowed to go bankrupt

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VOV News English 3 week(s) ago 2 related news

Creditors may be allowed to go bankrupt

The State Bank of Vietnam (SBV) would consider allowing some ailing financial companies and people's credit funds to declare bankruptcy this year, according to Deputy Governor Nguyen Phuoc Thanh.

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Central bank to control property loans

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Báo Đầu Tư English 3 week(s) ago

Central bank to control property loans

The central bank will control property loans to limit risks this year, an official told a meeting in HCM City late last week.

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Breakfast @ Tuoi Tre News – January 13

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Báo Tuổi Trẻ English 1 month(s) ago

Breakfast @ Tuoi Tre News – January 13

Check out what is in the news today!

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HCM City: Banks continue to support businesses

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VOV News English 1 month(s) ago

HCM City: Banks continue to support businesses

Dozens of banks in Ho Chi Minh City have registered to provide loan packages worth VND211.5 trillion (US$9.3 billion) and US$15 million to support businesses in 2016.

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Margin limit for exchange rates remains at +/-3

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VOV News English 1 month(s) ago

Margin limit for exchange rates remains at +/-3

The margin limit for exchange rates remains at +/-3, Deputy Governor of the State Bank of Vietnam Nguyen Thi Hong told a press conference in Hanoi on January 4.

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VN Central Bank: Lending rates hard to drop in 2016

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VietnamNet English 1 month(s) ago

VN Central Bank: Lending rates hard to drop in 2016

A number of factors will affect inflation in Vietnam next year, thus making it hard for lending rates to go down as expected, said Nguyen Thi Hong, deputy governor of the State Bank of Vietnam (SBV).

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USD interest cut helps stabilise exchange rate: experts

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Báo Dân Trí English 2 month(s) ago

USD interest cut helps stabilise exchange rate: experts

The State Bank’s December 17 decision to reduce interest rate for deposits in USD by individuals to zero percent is said to be a right move to curb dollarization and stabilize the foreign exchange rate.

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Monetary policy helps stabilise macro-economy

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VOV News English 2 month(s) ago

Monetary policy helps stabilise macro-economy

The picture of Vietnam’s monetary policy in 2015 is brighter than that in 2011, affirmed Deputy Governor of the State Bank of Vietnam Nguyen Thi Hong at a seminar on the management of the policy in the period and its impact on the economy in Hanoi on December 17.

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Expert: Slow economic recovery next year

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VietnamNet English 3 month(s) ago 1 related news

Vietnam’s economy will continue to recover next year but at a slower pace, said Nguyen Dinh Cung, president of the Central Institute for Economic Management (CIEM).

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Expert: Slow economic recovery next year

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

Expert: Slow economic recovery next year

Vietnam’s economy will continue to recover next year but at a slower pace, said Nguyen Dinh Cung, president of the Central Institute for Economic Management (CIEM).

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SBV to take synchronous measures in exchange rate management

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VOV News English 3 month(s) ago

SBV to take synchronous measures in exchange rate management

The State Bank of Vietnam (SBV) will keep a close watch on the development of domestic and global macro economies and monetary markets to assure synchronous exchange rate management, said SBV Deputy Governor Nguyen Thi Hong.

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Bad debt ratio slashed to 3.21%

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VOV News English 4 month(s) ago

Bad debt ratio slashed to 3.21%

From 2012 to August 2015, credit organisations handled VND424.14 trillion (US$18.66 billion) worth of bad debt, bringing the ratio of bad debt to 3.21% this August from 4.93% in September 2012.

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