Vietnam’s foreign currency reserves at record high

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Báo Dân Trí English 3 day(s) ago

So far this year the State Bank of Vietnam has bought over 10 billion USD in foreign exchange, increasing the country’s reserves to a record high of more than 40 billion USD.

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Vietnam’s foreign currency reserves at record high

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SaiGon GP English 3 day(s) ago 1 related news

So far this year the State Bank of Vietnam has bought over 10 billion USD in foreign exchange, increasing the country’s reserves to a record high of more than 40 billion USD.

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VN foreign currency reserves at record high

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

So far this year the State Bank of Viet Nam has bought over US$10 billion in foreign exchange, increasing the country's reserves to a record high of more than $40 billion.

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Overseas Vietnamese eye local real estate

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SaiGon GP English 4 day(s) ago

According to the State Bank of Vietnam in Ho Chi Minh City branch, overseas remittances transfered to the city reached US$ 3 billion in early September this year, increasing six percent in comparison with the same period last year.

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Jewelry businesses, manufacturers thirst for capital

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SaiGon GP English 6 day(s) ago

At a meeting to review the implementation of the governmental circulars in managing jewelry organized by the Ho Chi Minh City Jewelry Association on September 21, gold enterprises and manufacturers complained a shortage of capital for production.

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SBV reiterates disallowance of loan rollover

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Báo Đầu Tư English 1 week(s) ago

The State Bank of Việt Nam has reminded foreign credit institutions and bank branches of its rollover loan requirements.

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Energy Efficiency for HCM City Water Supply Project gets longer

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Báo điện tử CP English 2 week(s) ago

VGP – The PM has approved to adjust the deadline of the Energy Efficiency for Ho Chi Minh City Water Supply Project till December 31, 2017, which is sponsored by the Asian Development Bank (ADB) through a non-refundable aid.

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RoK Daegu Bank to open branch in HCM City

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Báo Đầu Tư English 2 week(s) ago

RoK Daegu Bank to open branch in HCM City

Daegu Bank of the Republic of Korea (RoK) is preparing to open a branch in Ho Chi Minh City in the near future with support from the State Bank of Vietnam.

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Banks raise deposit rates ahead of SBV rules

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Báo Dân Trí English 2 week(s) ago

Banks raise deposit rates ahead of SBV rules

Many commercial banks have recently raised their deposit interest rates in an attempt to satisfy new State Bank of Vietnam’s regulations that are due to take effect in 2017.

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SBV encourages M&As to restructure banks

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Báo Đầu Tư English 2 week(s) ago

SBV encourages M&As to restructure banks

The State Bank of Việt Nam (SBV) will continue to encourage the practice of mergers and acquisitions (M&A) as a solution to dealing with ailing credit institutions.

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$139 million in preferential loans for businesses

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SaiGon GP English 2 week(s) ago

Four commercial banks namely Sacombank, Vietinbank, Vietcombank and Agribank yesterday signed an agreement to provide 34 businesses in District 1 with VND3,109 billion (US$139 million) in preferential loans to overcome difficulties and develop production in Ho Chi Minh City.

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SBV seeks safer online transactions for customers

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Báo Đầu Tư English 2 week(s) ago

SBV seeks safer online transactions for customers

State Bank of Viet Nam (SBV) Deputy Governor Nguyen Kim Anh yesterday called for drastic steps to make online payments more secure.

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Vietnam licenses unit of Malaysian bank CIMB

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Báo Đầu Tư English 3 week(s) ago

Vietnam licenses unit of Malaysian bank CIMB

The State Bank of Vietnam has granted a license for Malaysia’s second largest lender CIMB to open a unit here, which will be the seventh fully foreign-owned bank in the country.

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Vietnam licenses unit of Malaysian bank CIMB

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Báo Thanh Niên English 3 week(s) ago

Vietnam licenses unit of Malaysian bank CIMB

The State Bank of Vietnam has granted a license for Malaysia’s second largest lender CIMB to open a unit here, which will be the seventh fully foreign-owned bank in the country.

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Overseas remittances to HCM City up 6% in eight months

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Báo điện tử CP English 1 month(s) ago 3 related news

Overseas remittances to HCM City up 6% in eight months

VGP – Overseas remittances to Ho Chi Minh City over the recent eight months of the year achieved US$2.85 billion, up nearly 6% against the same period last year.

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