Jittery markets await clarity from the Fed

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VietnamNet English 3 day(s) ago

The Federal Reserve's policy board meets Tuesday to review the economy and its stimulus program, and markets are looking for one thing: clarity.

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ANZ offers preferential interest rate to homebuyers

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VietNam News English 5 day(s) ago

ANZ Bank is offering a preferential lending interest rate of 6.5 per cent per year for the first three months on home purchase loans or loans with a housing mortgage.

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Monetary and fiscal policies go their separate ways

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VietnamNet English 6 day(s) ago

Monetary and fiscal policies go their separate ways

VietNamNet Bridge – Vietnam has been mostly relying on the monetary policies in regulating the national economy, while the fiscal policy has been ignored.

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Vietnam greedy for too many different goals in setting up monetary policy

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VietnamNet English 1 week(s) ago

Vietnam greedy for too many different goals in setting up monetary policy

VietNamNet Bridge – The Vietnamese monetary policy always aims at many different targets, which, in some cases, are contradictory. As a result, the policy cannot bring the desired effects.

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JBA’s eased monetary concern

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Báo Đầu Tư English 1 week(s) ago

JBA’s eased monetary concern

Japanese companies in Vietnam have warned the government’s loosened monetary policy could result in the return of high inflation and exchange rate tension.

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Real estate mergers, acquisitions heat up

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VietNam News English 1 week(s) ago 1 duplicate news

The real estate community was all at witter last week after learning that Vingroup (VIC) had transferred its upscale Vincom A Trade Centre in HCM City for VND 9.823 triillion (US$470 million).

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Monetary policy needs focuses: IMF

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SaigonTimes English 1 week(s) ago

HCMC – Experts from the International Monetary Fund (IMF) have suggested the State Bank of Vietnam (SBV) simplify monetary policy targets and stay focused.

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Cement market continues solid recovery

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

Cement market continues solid recovery

Cement sales increased in May, adding to a rising trend which is expected to continue on the back of a credit package worth VND30 trillion (US$1.42 billion) for domestic real estate.

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SCB predicts interest rate cut

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VietNam News English 2 week(s) ago

The Standard Chartered Bank said it expected a further cut of 50bps (0.5 per cent) in interest rate in the third quarter if authorities "remain comfortable with the inflation outlook and credit growth stays anaemic".

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Banks denounced of pocketing big money by charging high interest rates

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VietnamNet English 3 week(s) ago

Banks denounced of pocketing big money by charging high interest rates

VietNamNet Bridge – Some economists say commercial banks now make “super profit” when keeping the input and output interest rate margin at six percent. Meanwhile, banks have denied this.

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Lending jumps 2.29 percent

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VietnamPlus English 3 week(s) ago 1 related news

According to the bank, dong loans were up 4.57 percent while foreign currency lending declined 8.07 percent.

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Monetary policy contributes to macro-economic stability

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VietnamPlus English 3 week(s) ago

The State Bank of Vietnam (SBV)’s monetary policy management has contributed significantly to macro-economic stability and inflation control, said Cao Sy Kiem, Chairman of the Association of Small and Medium Enterprises.

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Party leader asks central bank to ease business difficulties

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Báo Tuổi Trẻ English 6 month(s) ago

Party leader asks central bank to ease business difficulties

The central bank must apply an appropriate interest rate policy and control bad debts to ensure the banking system’s liquidity while taking appropriate measures to help businesses access loans, said Party leader Nguyen Phu Trong.

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BIDV to lend VND10,000 billion for social housing

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Hanoi Times English 3 week(s) ago

The Hanoitimes - The Bank for Investment and Development of Viet Nam (BIDV) announced last Thursday that it will disburse VND10,000 billion (US$480 million) to lend at an annual interest rate of 6% to social housing buyers and investors in social housing projects.

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BIDV to offer VND10 trillion preferential home loans

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SaigonTimes English 3 week(s) ago

HCMC – Bank for Investment and Development of Vietnam (BIDV) will be able to offer preferential home loans worth VND10 trillion as part of the Government’s VND30-trillion program.

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