Credit growth expected to hit 10 percent this year

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VietnamPlus English 3 day(s) ago 2 related news

The country’s credit growth is expected to reach 10 percent by year-end, lower than the target of 12-14 percent, said new Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong.

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Credit growth projected at 4.5% in first eight months

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VOV News English 3 day(s) ago 2 related news

Credit growth projected at 4.5% in first eight months

Vietnam's credit is expected to grow by 4.5% and its deposits, by 8.21%, by late August, according to the State Bank of Vietnam.

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Economists support PM's speech on closing weak banks

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Báo Dân Trí English 3 day(s) ago

Economists support PM's speech on closing weak banks

Many banking experts have expressed agreement with Prime Minister Nguyen Tan Dung's assertion that weak banks should be dissolved.

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Credit growth projected at 4.5% in first eight months

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VietNam News English 3 day(s) ago 2 related news

Viet Nam's credit is expected to grow by 4.5 per cent and its deposits, by 8.21 per cent, by late August, according to the State Bank of Viet Nam.

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State Bank exec discusses credit rating system development

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Báo Đầu Tư English 6 day(s) ago

State Bank exec discusses credit rating system development

Deputy General director of the State Bank of Vietnam’s Credit Information Centre Nguyen Huu Duong reaffirms the need to implement an effective internal credit rating system to help banks boost lending.

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KPMG co-organises a seminar on Base II implementation with the State Bank

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Báo Đầu Tư English 1 week(s) ago

KPMG co-organises a seminar on Base II implementation with the State Bank

KPMP Limited and the State Bank of Vietnam today co-organised the seminar “Basel II Implementation: Experience from commercial banks and view from the Central bank” at Melia Hanoi Hotel.

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Vietnamese banks race to open branches overseas

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VietnamPlus English 1 week(s) ago

Many Vietnamese banks have been racing to open branches in other countries to increase their competitiveness and facilitate Vietnamese companies’ overseas investments, according to an article published on the English language news portal DtiNews on August 19.

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Deputy PM requests ODA disbursement acceleration

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VietnamPlus English 1 week(s) ago

Deputy Prime Minister Hoang Trung Hai has asked the Ministry of Planning and Investment (MPI) in collaboration with several other ministries and the State Bank of Vietnam to accelerate the implementation and disbursement of projects and programmes using official development assistance (ODA) and preferential loans.

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Prime Minister appoints new deputy ministers

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VietnamNet English 1 week(s) ago

Prime Minister appoints new deputy ministers

VietNamNet Bridge - Prime Minister Nguyen Tan Dung has signed a decision to appoint the deputy ministers of the Ministry of Justice, the Ministry of Construction, the Ministry of Science and Technology and the deputy governor of the State Bank of Vietnam (SBV).

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Vietnamese banks race to open branches overseas

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Báo Dân Trí English 2 week(s) ago

Vietnamese banks race to open branches overseas

Many Vietnamese banks have been racing to open branches in other countries to increase their competitiveness and facilitate Vietnamese companies’ overseas investments.

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Hanoi firefighters put out basement blaze at State Bank

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Báo Thanh Niên English 2 week(s) ago

Hanoi firefighters put out basement blaze at State Bank

Hanoi firemen extinguished a fire in the basement of the State Bank of Vietnam on Saturday, nearly three hours after the fire broke out.

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M&As set to drive banking market

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Báo Đầu Tư English 2 week(s) ago

M&As set to drive banking market

The banking industry may see more merger and acquisition deals in the coming time, with more foreign partners involved.

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President hails programme to donate cows to poor people

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VietNam News English 2 week(s) ago 1 related news

As many as 50 cows were donated to poor households in the northern province of Lang Son as part of a programme to reduce poverty in local border areas.

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Circular outlines subsidised loans for fishermen

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VietNam News English 2 week(s) ago

Fishermen can get subsidised loans at 1-3 per cent interest for buying boats under a Government credit programme for which State Bank of Viet Nam has issued a draft circular.

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FDI firms allowed to open local currency accounts

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Báo Đầu Tư English 2 week(s) ago

FDI firms allowed to open local currency accounts

HCMC – From September 25, foreign investors and foreign direct investment (FDI) enterprises can open investment accounts in Vietnam dong along with those in foreign currency as stipulated in a circular recently issued by the State Bank of Vietnam.

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