VN, WB sign US$ 370 million agreements

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Báo điện tử CP English 10 hour(s) ago

VN, WB sign US$ 370 million agreements

VGP – PM Nguyen Xuan Phuc witnessed the signing of US$ 370-million cooperative agreements in the fields of competitiveness enhancement, environment protection and sustainable development between the World Bank (WB) and the State Bank of Viet Nam (SBV) on July 25 in Ha Noi.

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SBV keeps close watch on inflation

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Báo điện tử CP English 4 day(s) ago 6 related news

SBV keeps close watch on inflation

VGP – The State Bank of Viet Nam (SBV) will manage the monetary policies towards extricating difficulties for businesses with regard to inflation fluctuations.

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WB provides US$560 million to help VN adapt to climate change

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Báo điện tử CP English 2 week(s) ago 2 related news

WB provides US$560 million to help VN adapt to climate change

VGP - The World Bank (WB) and the State Bank of Viet Nam (SBV) on July 11 signed agreements on a loan and credit, worth US$560 million to support urban development, climate change adaption and sustainable livelihood in the Mekong Delta.

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World Bank provides USD560m in loans to Mekong Delta

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Báo Dân Trí English 2 week(s) ago

World Bank provides USD560m in loans to Mekong Delta

The World Bank and the State Bank of Vietnam signed a USD560m loan on July 11, intended to support modern infrastructure development and climate change adaptation in the Mekong Delta region.

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Domestic gold prices temporarily fluctuate

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Báo điện tử CP English 2 week(s) ago 2 related news

Domestic gold prices temporarily fluctuate

VGP – The State Bank of Viet Nam will continue to keep a close watch on the movements in the global gold market and stands ready to intervene in the domestic market if necessary in accordance with Government’s Decree 24/2012 /ND-CP, dated April 3, 2012 on gold business activities.

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State Bank to intervene in gold price, if needed

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Báo Đầu Tư English 2 week(s) ago 1 related news

State Bank to intervene in gold price, if needed

The State Bank of Viet Nam will keep track of gold price fluctuation and intervene if necessary, said Nguyen Ngoc Canh, director of the bank's Foreign Exchange Management Department.

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Circulars issued to simplify administrative procedures in banking system

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Báo điện tử CP English 3 week(s) ago

Circulars issued to simplify administrative procedures in banking system

VGP – The State Bank of Viet Nam (SBV) has issued 14 circulars to eliminate many business conditions in banking prior to the enactment of the Law on Investment and Law on Enterprises which began on July 1.

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Agency seeks approval to import gold for jewelry, art

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Báo Đầu Tư English 3 week(s) ago

Agency seeks approval to import gold for jewelry, art

Viet Nam Gold Trading Association (VGTA) asked the State Bank of Viet Nam to allow local producers of gold jewelry and fine art to import gold materials.

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Banking sector kick-starts actions to support businesses

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Báo Đầu Tư English 3 week(s) ago

Banking sector kick-starts actions to support businesses

The banking sector will apply comprehensive monetary policies and banking operations to improve credit access, focusing on enhancing national credit ratings, according to the State Bank of Viet Nam (SBV).

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Dollar strengthens as central bank lifts rate

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Báo Đầu Tư English 1 month(s) ago

Dollar strengthens as central bank lifts rate

The US dollar strengthened at domestic commercial banks on Monday, following an increase in the reference exchange rate that the State Bank of Viet Nam adjusted for the day.

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Overseas remittances contribute to production, trading in HCMC

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SaiGon GP English 1 month(s) ago

Overseas remittances contribute to production, trading in HCMC

Overseas remittances to Ho Chi Minh City were estimated to reach US$2.1 billion in the first half this year, up 3 percent over the same period last year, said deputy director of the State Bank of Vietnam in HCMC Nguyen Hoang Minh .

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VAMC special bond terms to be extended

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Báo Đầu Tư English 1 month(s) ago

VAMC special bond terms to be extended

Terms for special bonds issued by the Viet Nam Asset Management Company (VAMC) to buy non-performing loans (NPLs) from credit institutions will be extended to ten years in some cases, according to a State Bank of Viet Nam newly-issued regulation.

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Vietnam's central bank to acquire 52 percent stake in PVcomBank

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Báo Thanh Niên English 1 month(s) ago

The State Bank of Vietnam has approved a plan to acquire a stake of 52 percent in state-controlled PVcombank as part of the ongoing restructuring process at the medium-sized lender, local media reported on Wednesday.

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Banks try to cut loan rates but seek Gov't help

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Báo Đầu Tư English 1 month(s) ago

Banks try to cut loan rates but seek Gov't help

Over a month after the State Bank of Viet Nam called on banks to cut interest rates on loans, particularly to businesses, some banks - including joint stock lenders - have reduced their rates by 0.5-1 per cent.

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Banks required to report monthly interest rates

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Báo Đầu Tư English 1 month(s) ago

Banks required to report monthly interest rates

State Bank of Viet Nam has ordered credit institutions and branches of foreign banks to report their lending, capital mobilisation and interest rates in Vietnamese dong every month going forward.

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