Vietnam banks bad debts rise again after record low

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Báo Thanh Niên English 1 week(s) ago

Vietnam banks bad debts rise again after record low

Banks’ bad debts ratio increased to 2.62 percent at the end of March after hitting a five-year low of 2.55 percent at the end of last year, according to new data from the State Bank of Vietnam.

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Banks defend bailout of Hoang Anh Gia Lai

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Báo Đầu Tư English 1 week(s) ago

Banks defend bailout of Hoang Anh Gia Lai

The State Bank of Vietnam’s decision to help Hoang Anh Gia Lai Group overcome its enormous debts has sparked a controversy among market players.

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Central Bank offers helping hand to debt-laden Hoang Anh Gia Lai

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Báo Đầu Tư English 1 week(s) ago

Central Bank offers helping hand to debt-laden Hoang Anh Gia Lai

The State Bank of Vietnam (SBV) has just sent a document to the prime minister requesting permission to reschedule the debts of troubled conglomerate Hoang Anh Gia Lai (HAG).

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State Bank of Vietnam launches website of science & technology

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SaiGon GP English 1 week(s) ago

State Bank of Vietnam launches website of science & technology

The State Bank of Vietnam launched its Science & Technology Website

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Vietnam’s central bank probes hacking attempt on TPBank

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Báo Thanh Niên English 2 week(s) ago

The State Bank of Vietnam is probing an attack by hackers on Tien Phong Commercial Joint Stock Bank after receiving details from the lender on Monday, a central bank official said.

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Four major banks assigned to assist fishermen follow the mass fish deaths

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Báo Dân Trí English 2 week(s) ago

The State Bank of Vietnam has assigned four local banks to help locals affected by the mass fish deaths in the central coast with low lending interest rates.

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Vietnamese banks catching up with regional peers in service quality

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Báo Đầu Tư English 2 week(s) ago

Vietnamese banks catching up with regional peers in service quality

The country awards that Vietnamese banks received at the Asian Banker Summit award ceremony held on May 10 evening is confirmation of the effort they made to improve their products and services, according to deputy governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong.

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SBV welcomes foreign investors in banking sector

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Báo Đầu Tư English 2 week(s) ago

SBV welcomes foreign investors in banking sector

The State Bank of Vietnam (SBV) hopes to see more involvement by foreign investors in the restructuring of domestic banks.

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Panama Papers to be checked closely: SBV

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Báo Dân Trí English 2 week(s) ago

Panama Papers to be checked closely: SBV

The State Bank of Vietnam (SBV) has entrusted relevant agencies to closely scrutinise the Panama Papers and act on the information in accordance with the country’s legal regulations.

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Local banks queue up for bourse listing

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Báo Đầu Tư English 2 week(s) ago

Local banks queue up for bourse listing

Banks are rushing to get listed on the stock exchange this year, as ordered by the State Bank of Vietnam.

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State bank governor gets strict with USD deposit rates

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Báo Dân Trí English 3 week(s) ago

State bank governor gets strict with USD deposit rates

The Governor of the State Bank of Vietnam (SBV) on May 6 issued documents requesting strict compliance with the rules on ceiling USD deposit interest rate which is capped at 0% annually.

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Vietnam keeps restriction on banks with losses, high bad debt

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Báo Thanh Niên English 3 week(s) ago

Vietnam keeps restriction on banks with losses, high bad debt

The State Bank of Vietnam announced on Thursday that it will continue to tighten its control on the expansion of local banks, saying the restriction is an "effective" measure to overhaul the banking sector.

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Tough punishments on USD deposit interest rate ceiling violation

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Báo điện tử CP English 3 week(s) ago

VGP – The State Bank of Viet Nam (SBV) has recently ordered commercial banks to strictly comply with the ceiling on dollar deposit rates, announcing a plan to strengthen investigations and supervision and punish infringements, said an official.

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Asian Banker Summit 2016 to convene in Hanoi

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Báo Đầu Tư English 3 week(s) ago

Asian Banker Summit 2016 to convene in Hanoi

The Asian Banker Summit, the region’s largest annual gathering for senior executives and industry players in the financial services sector, is going to be held at the JW Marriott Hanoi from May 10 to 12.

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Major banks to lower lending rates

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Báo Dân Trí English 1 month(s) ago 1 related news

Major banks to lower lending rates

Prime Minister Nguyen Xuan Phuc and the State Bank of Vietnam (SBV) had called for the rate cuts, before the PM took part in a dialogue with enterprises in HCM City on April 29.

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