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Central Bank of Vietnam issues bills to shore forex reserves

Central Bank of Vietnam issues bills to shore forex reserves, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

The State Bank of Vietnam unexpectedly resumed the issue of central bank bills worth VND8 trillion ($350.9 million) this week, a move aimed at increasing the nation’s foreign exchange reserves.

 

13 Vietnamese banks named in world’s top 1,000

Chinese and American banks continued to dominate this year's list compiled by The Banker.

   

Term bank deposits for foreigners

The State Bank of Việt Nam (SBV) is collecting feedback on a draft circular that will, among other things, allow non-residents legally present in Việt Nam to make term deposits in both Vietn [ … ]

   

Foreigners may be allowed to deposit savings in Vietnam

Foreigners may be allowed to deposit savings in Vietnam, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

According to a draft circular of the State Bank of Vietnam (SBV), foreigners will be permitted to deposit savings in VND and foreign currency at commercial banks in Vietnam.

   

Vietnam considers relaxing rule on non-resident deposits

The State Bank of Vietnam is drafting a new circular that will allow non-residents with presence in the country to make deposits in both the Vietnamese dong and foreign currency at local ban [ … ]

   

Local banks perform well in first half of the year

Commercial banks have performed well in the first half of 2017 (H1), and business results show that many have already met more than half their annual profit targets.

   

Foreign banks scale down business in Vietnam

vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news,  foreign bank, ANZ, HSBC

Some large foreign banks operating in Vietnam have recently scaled down their business or withdrawn capital from Vietnamese banks. What is happening with the banking sector?


   

Experts: Trimmed interest rates might affect NIMs

Experts: Trimmed interest rates might affect NIMs, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

Commercial banks which have cut interest rates for short-term lending following the State Bank of Vietnam (SBV)’s cue might suffer a further decline in the net interest margin (NIM), experts [ … ]

   

SBV Governor: Rate cuts carefully considered

SBV Governor: Rate cuts carefully considered, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

To take effect from July 10, interest rate cuts by the State Bank of Vietnam (SBV) to support economic growth and control inflation were given a great deal of thought, Governor Le Minh Hung [ … ]

   

Personal consumer credit becoming lucrative business

vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news,  consumer lending, Vietcombank, HSBC

FE Credit is leading the consumer finance market with $1.4 billion worth of loans provided in 2016, accounting for 48 percent of market share.

   

State Bank of Vietnam trims prime rates from July 10

State Bank of Vietnam trims prime rates from July 10, vietnam economy, business news, vn news, vietnamnet bridge, english news, Vietnam news, news Vietnam, vietnamnet news, vn news, Vietnam net news, Vietnam latest news, Vietnam breaking news

The State Bank of Vietnam (SBV) has reduced its prime interest rates and the cap on short-term loan rates as from July 10 to serve demand for capital in some economic sectors.


   

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