SBV official picked as new DongABank chairman

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VietnamNet English 1 day(s) ago

DongABank’s board of directors has chosen Vo Minh Tuan, deputy head of the credit department at the State Bank of Vietnam (SBV), as new chairman of the bank after its chairman Cao Sy Kiem’s resignation.

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Inter-bank trading increases, says SBV

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VietnamNet English 1 day(s) ago

Inter-bank trading increases, says SBV

Transactions in the inter-bank market increased significantly over the last week due to rising demand, the State Bank of Viet Nam (SBV) reported.

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Five more banks to guarantee property investors

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Báo Đầu Tư English 2 day(s) ago

Five more banks to guarantee property investors

The State Bank of Viet Nam named five more banks on August 27 that qualify for guaranteeing property investors, following issuance of regulations on the realty trading law.

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Central bank assurance calms forex market

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

Central bank assurance calms forex market

After hovering at the ceiling rate set by the State Bank of Viet Nam for three days, the dollar pulled back a little on Thursday after the central bank promised no more devaluation is in the offing, with almost all banks reducing their selling rate by VND25-35.

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Hanoi celebrates National Day

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VietnamNet English 3 day(s) ago

Hanoi celebrates National Day

VietNamNet Bridge – Every corner of Hanoi has been decorated with coloured lights, flowers and slogans to mark Vietnam’s National Day (September 2).

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SBV to hold forex rate steady until early 2016

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VietnamNet English 5 day(s) ago 1 related news

SBV to hold forex rate steady until early 2016

The State Bank of Viet Nam has said it would hold the exchange rate steady till the end of the year and also in the early months of 2016.

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Dong A took a false step when trading gold

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VietnamNet English 5 day(s) ago

Dong A took a false step when trading gold

VietNamNet Bridge - Dong A Bank, which was once of the best joint-stock commercial banks in Vietnam with advantages in card technology and retail banking, has gone downhill because of the gold trade.

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State Bank pledges stable exchange rate, forex market until early 2016

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

State Bank pledges stable exchange rate, forex market until early 2016

VGP - The State Bank of Viet Nam (SBV) affirmed that it would not make any more adjustments to the exchange rate and would apply all necessary measures to stabilise the exchange rate and foreign exchange (forex) market by the end of 2015 and in the early months of 2016.

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SBV vows to restructure financial leasing companies

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VietnamNet English 6 day(s) ago 1 duplicate news

SBV vows to restructure financial leasing companies

VietNamNet Bridge - Despite the high demand and the fertile market, only 50 percent of Vietnamese owned finance leasing companies have been profitable.

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Bank M&A deals cool down near year-end

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VietnamNet English 5 day(s) ago

Bank M&A deals cool down near year-end

VietNamNet Bridge - Analysts believe Merger & Acquisition (M&A) deals will be quiet for the rest of the year, while deals under negotiation will complete necessary procedures.

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SBV assures no further dong/dollar exchange rate changes

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Báo Dân Trí English 5 day(s) ago 2 related news

SBV assures no further dong/dollar exchange rate changes

The State Bank of Vietnam (SBV) will not make any further adjustment to the Vietnam Dong/US Dollar exchange rate this year, SBV Deputy Governor Nguyen Thi Hong said in a press release issued late on August 24.

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US dollar stays at high level

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VOV News English 5 day(s) ago 2 related news

US dollar stays at high level

The greenback rate remained at the ceiling price on August 25 despite the State Bank of Vietnam (SBV)’s August 24 announcement of no adjustment to the VND/USD rate through early 2016.

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SBV to hold exchange rate steady

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Báo Đầu Tư English 5 day(s) ago 1 related news

SBV to hold exchange rate steady

The State Bank of Viet Nam has said it would hold the exchange rate steady till the end of the year and also in the early months of 2016.

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Dollar up on flea market; hits new SBV ceiling rate

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VietnamNet English 6 day(s) ago 2 related news

Dollar up on flea market; hits new SBV ceiling rate

Dollar rates soared in the flea market and touched the latest ceiling rate set by the State Bank of Viet Nam in commercial banks August 24.

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Vietnam to keep foreign exchange rate stable till year-end: cbank

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Báo Tuổi Trẻ English 6 day(s) ago 2 related news

Vietnam to keep foreign exchange rate stable till year-end: cbank

The State Bank of Vietnam (SBV), the country’s central bank, will not make any adjustments to the foreign exchange rate between the dong and the U.S. dollar from now until the end of 2015, after the currency has been weakened three times so far this year.

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