Dollar falls, following SBV's message

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Báo Đầu Tư English 14 hour(s) ago 1 related news

Dollar falls, following SBV's message

Dollar rates fell in all local commercial banks on May 27, after the State Bank of Viet Nam (SBV) said it would not lift the rate this year.

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Dollar falls following SBV's announcement

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VietNam News English 14 hour(s) ago 1 related news

Dollar rates in all local commercial banks fell yesterday after the State Bank of Viet Nam (SBV) said it will not lift the rate this year.

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Vietnam banks hiding bad debt

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Báo Dân Trí English 1 day(s) ago

Vietnam banks hiding bad debt

Banks in Vietnam are underreporting bad and doubtful debt by as much as 10 times so their numbers look better and to avoid investigation of their loan portfolios, an economist said.

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Dong/dollar exchange rate likely to stay firm

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VOV News English 2 day(s) ago 1 related news

Dong/dollar exchange rate likely to stay firm

Businesses and analysts all believe that the State Bank (SBV) will not devalue the dong again this year because there will be less pressure on the exchange rate.

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Dong/dollar exchange rate likely to stay firm

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VietnamNet English 3 day(s) ago 1 related news

Dong/dollar exchange rate likely to stay firm

VietNamNet Bridge - Businesses and analysts all believe that the State Bank (SBV) will not devalue the dong again this year because there will be less pressure on the exchange rate.

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SBV suspends GP Bank leaders

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VietNam News English 2 day(s) ago 1 duplicate news

The State Bank of Vietnam (SBV) announced yesterday that it recently suspended the rights and obligations of the representatives of Global Petroleum Joint Stock Commercial Bank (GP Bank).

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Vietnam's banks squeezing customers to offset bad debt cleanup costs: expert

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Báo Thanh Niên English 4 day(s) ago 1 related news

Vietnamese banks have been struggling to reduce their bad debts, but it is their customers who are paying the price for this costly cleanup, an expert said.

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Vietnam's central bank pledges to bring bad debt ratio to 3 pct

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Báo Thanh Niên English 1 week(s) ago

Vietnam's central bank pledges to bring bad debt ratio to 3 pct

Photo credit: SGTO

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Rural areas need banking services, says official

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Báo Đầu Tư English 1 week(s) ago

Rural areas need banking services, says official

Viet Nam's banking activities are mostly performed in cities, and are largely not available in the countryside, where 70 per cent of the population lives.

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Greenbank rates again soar in local market

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Báo Đầu Tư English 1 week(s) ago

Greenbank rates again soar in local market

The greenback rate in LienVietPostBank was listed on May 20 from a high of VND21,860 to only VND30, lower than the ceiling price set by the State Bank of Viet Nam (SBV).

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Statistics Office’s inaccurate prediction about trade deficit behind dollar price hike?

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VietnamNet English 1 week(s) ago

Statistics Office’s inaccurate prediction about trade deficit behind dollar price hike?

VietNamNet Bridge - The predicted high trade deficit in the first four months of the year reportedly put pressure on the exchange rate and led to the State Bank’s decision to devalue the VND by one percent on May 7.

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Vietnam's bad debt ratio eases to 3.59 pct in Feb

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Báo Thanh Niên English 1 week(s) ago

Vietnam's bad debt ratio eases to 3.59 pct in Feb

Bad debts in Vietnam's banking system eased to 3.59 percent of loans in February 2015, the government said on Wednesday, from 4.75 percent the previous month.

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SBV forgets to announce prime interest rate

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VietnamNet English 1 week(s) ago

SBV forgets to announce prime interest rate

VietNamNet Bridge - The last time the State Bank of Vietnam (SBV) announced the prime interest rate was in 2009, or six years ago.

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Businesses fear dong depreciation will increase capital costs

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VietnamNet English 1 week(s) ago

Businesses fear dong depreciation will increase capital costs

VietNamNet Bridge - In theory, every 1 percent dong devaluation would lead to a 0.2 percent increase in the inflation rate.

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SBV to buy ‘idle' gold bars for forex reserve

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Báo Dân Trí English 1 week(s) ago 3 related news

SBV to buy ‘idle' gold bars for forex reserve

The State Bank of Vietnam (SBV) will buy gold bars lying idle with domestic individuals and organisations to increase Vietnam's foreign exchange reserves as and when conditions permit.

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