Expert warns over possible increase in USD exchange rate

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Báo Đầu Tư English 1 day(s) ago

After the Federal Reserve (Fed) raised the USD interest rate, the domestic exchange rate did not significantly fluctuate. However, when talking with VIR’s Thuy Lien, economist Dr Can Van Luc said that there may be some pressure on the USD exchange rate at the end of 2017.

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Real estate lending disguised as consumer lending

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Báo Đầu Tư English 1 week(s) ago

The increasing interest rates on house buying and housing repair loans at commercial banks raise worries about the liquidity of the Vietnamese economy.

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Consumer loans rise nearly 30% by end May

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Báo Đầu Tư English 1 week(s) ago

Consumer lending by end May rose 29.7 per cent against the end of 2016, the National Financial Supervisory Commission (NFSC) has said.

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Interest rates rising, banks stablising

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Báo Đầu Tư English 1 week(s) ago

A number of commercial banks have been increasing promotional rates for long-term deposits by 0.1 to 0.2 per cent per annum, along with issuing additional certificates of deposit, in an attempt to safely restructure their reserves, said Vuong Duy Lam of the National Institute for Vietnam Finance under the Ministry of Finance.

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VN banks struggle to keep interest rates steady

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Báo Đầu Tư English 1 week(s) ago

From mid-March, Sacombank has been offering certificates of deposit (CDs) denominated in dong to individuals and companies.

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Interest rates in inter-bank market drop for fifth week

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Báo Đầu Tư English 2 week(s) ago

Liquidity in the banking system has been positive as interest rates in the inter-bank market dropped for the fifth consecutive week.

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Interest rates remain stable: survey

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Báo Đầu Tư English 3 week(s) ago

Interest rates for deposits and loans and bond yields have remained relatively steady since the end of January, as inflation is under control and foreign exchange rate is stable.

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Banks remain backers of property market

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Báo Đầu Tư English 3 week(s) ago

The real estate market is recovering strongly and attracting huge sums of money from banks, foreign investors and overseas Vietnamese.

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No more cheap ODA loans for Vietnam come July

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Báo Tuổi Trẻ English 3 week(s) ago

Vietnam will not be able to borrow official development assistance (ODA) at preferential interest rates and terms come July, the Ministry of Finance confirmed on Wednesday.

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Bank for Social Policies’ capital rises 6.7%

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Báo Đầu Tư English 3 week(s) ago

The Bank for Social Policies’ total capital at the end of the first quarter rose 6.7 per cent against December 2016 to VND173.34 trillion (US$7.6 billion), its latest report shows.

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Gov’t determined to fix weak banks

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Báo điện tử CP English 1 month(s) ago 1 related news

VGP – The Government has drastically fixed weak banks and non-performing loans to ensure the safety of the banking system, Deputy PM Truong Hoa Binh told legislators on Monday.

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Bad debts at $7b until March 31

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Báo Đầu Tư English 1 month(s) ago 1 related news

Total non-performing loans (NPLs) of the entire credit institutions (CI) system until March 31, 2017 were VND160 trillion (US$7 billion).

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Tentative banks slow hi-tech agricultural credit package

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Báo Đầu Tư English 1 month(s) ago

There is a VND130-140 trillion ($5.72-$6.16 billion) credit package for hi-tech agricultural projects, however, few firms have been able to access it due to cautious banks.

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Interest rate for social housing loans

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Báo Đầu Tư English 1 month(s) ago

The Việt Nam Bank for Social Policies (VBSP) interest rate for social housing loans in 2017 will be 4.8 per cent per annum, or 0.4 per cent a month, according to a decision just signed by Prime Minister Nguyễn Xuân Phúc.

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Non-performing loans at banks vary

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Báo Đầu Tư English 1 month(s) ago 1 related news

The ratio of non-performing loans (NPLs) at banks in the first quarter of this year is was varied, according to a daily report by Bao Viet Securities Corp (BVSC).

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