Central bank injects more money into market

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Báo Đầu Tư English 2 day(s) ago

State Bank of Viet Nam made a net cash injection of VND16 trillion (US$704.8 million) via open market operations in the past week to support liquidity of the banking system, Bao Viet Securities Co (BVSC) reported.

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Gov’t releases resolution on February regular meeting

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Báo điện tử CP English 1 week(s) ago 5 related news

VGP – Production acceleration, supervision of SOEs, more credit for high-tech farming topped the Government’s February regular meeting.

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Conference hones in on banking IT safety

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Báo Đầu Tư English 2 week(s) ago

The deputy governor of the State Bank of Viet Nam (SBV), Nguyen Kim Anh, noted at a conference on information security in the banking sector on Wednesday that the Vietnamese banking system has always prioritised investment in resources for IT infrastructure security.

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Small business affected by new lending circular

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Báo Dân Trí English 2 week(s) ago

A circular issued by the State Bank of Vietnam (SBV), which comes into effect on March 15, may affect small-sized enterprises as they will have to borrow from credit institutions at higher interest rates.

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District 1 deputy chairman Doan Ngoc Hai extends ‘sidewalk reclamation’ campaign to cbank branch

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Báo Tuổi Trẻ English 3 week(s) ago

Law enforcement officers in the ‘sidewalk reclamation’ campaign in District 1, Ho Chi Minh City on Monday removed a chain barrier and several police-approved security booths in front of a local branch of the State Bank of Vietnam, before having the booths re-erected later the same day.

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SBV announces compulsory M&A for weak banks

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Báo Đầu Tư English 3 week(s) ago 1 related news

The State Bank of Vietnam (SBV) currently encourages mergers and acquisitions (M&A) for weak credit institutions based on voluntary spirit and the assurance of relevant rights for both parties. However, this will turn into a compulsory activity if these institutions do not volunteer.

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Banking assets rise by 16% in 2016

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Báo Dân Trí English 3 week(s) ago

The total assets of the Vietnamese banking industry reached VND8.5 quadrillion (USD360 billion) by the end of 2016, according to statistics provided by the State Bank of Vietnam (SBV).

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SBV removes father and son board members at Sacombank

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Báo Đầu Tư English 3 week(s) ago 1 related news

The State Bank of Viet Nam yesterday terminated Tram Be’s and Tram Khai Hoa’s membership in the management board at Sai Gon Thuong Tin Joint Stock Commercial Bank (Sacombank).

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Vietnam bank tycoon Tram Be, son leave Sacombank

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

Tram Be, one of Vietnam’s most well-known banking moguls, and his son Tram Khai Hoa have officially had their membership of the board of directors at Sacombank terminated, the State Bank of Vietnam said Friday.

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Bank restructuring and settling bad debts: We need to be more critical

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

The State Bank of Vietnam (SBV) is drafting a "special" law to boost bank restructuring and settle bad debts, which would remove all the obstacles in the existing legal regulations.

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Law to boost bank restructuring and settle bad debts: We need to be more critical

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

The State Bank of Vietnam’s (SBV) is drafting a "special" law to boost bank restructuring and settle bad debts, which would remove all the obstacles in the existing legal regulations.

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Decree on functions, tasks, rights of State Bank of Viet Nam

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Báo điện tử CP English 1 month(s) ago

VGP – The Government has issued Decree No. 16/2017/NĐ-CP defining functions, tasks, rights and organizations of the State Bank of Viet Nam (SBV).

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VN, Cambodia state banks foster partnership

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Báo điện tử CP English 1 month(s) ago

VGP - Governor of the State Bank of Viet Nam (SBV) Le Minh Hung and Governor of the National Bank of Cambodia (NBC) Chea Chanto have agreed to step up the two banks’ win-win cooperation.

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Dollar rises to one-month high in Vietnam

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Báo Tuổi Trẻ English 1 month(s) ago

Banks in Vietnam increased U.S. dollar prices to a one-month high on Wednesday, reaching the VND22,820 mark and resting just below the ceiling set by the State Bank of Vietnam.

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Large sum of money withdrawn via OMO

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Báo Đầu Tư English 1 month(s) ago

The State Bank of Viet Nam has withdrawn VND177 trillion (US$7.79 billion) via open market operations and the issue of treasury bills in the past week.

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