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Central bank issues treasury bills for the first time in five months

Liquidity in the interbank market has been abundant, helping the State Bank of Việt Nam (SBV) resume the issuance of treasury bills after five months to withdraw Vietnamese đồng from the banking system.

 

Central bank asks help in fighting black credit

 Governor of the State Bank of Việt Nam Lê Minh Hưng issued a document early this week to ask co-operation from local authorities in expanding credit, part of efforts to preve [ … ]

   

Vietnam’s interbank interest rates drop after skyrocketing for last 6 months

It is expected that the interbank interest rates are likely to decrease further in the case of better situation of geopolitical tensions.

   

Vietnamese đồng given stable outlook

The Vietnamese đồng would be steady next months, buoyed by positive foreign inflow and reasonable gap between interest rates of the đồng and the US dollar as well as the [ … ]

   

Việt Nam’s credit growth expands 0.77% in two months of 2019

Việt Nam’s credit growth in the first two months of this year expanded by just 0.77 per cent against the end of 2018, the lowest level in the past few years, reports from the Ministry of Pla [ … ]

   

VN banks urged to complete listing plans

VN banks urged to complete listing plans, 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 latest regulatory requirements make it impossible for banks to continue delaying their listing plans.

   

Customs to stop accepting cash

Payments of import-export taxes and fees to customs authorities must all be conducted via cashless payment methods or through credit institutions from the beginning of April, according to a [ … ]

   

Room remains for credit growth

Room remains for credit growth, 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

Local banks posted positive business results for last year and see solid prospects for 2019 despite the SBV's policies on tightened credit growth.

   

Vietnam banks’ profitability improves

Vietnamese banks are forecast to gain in profitability this year, but raising capital will be a key focus for banks to meet the State Bank of Việt Nam’s strict Basel II requirements.

   

Gold prices to climb as investors seek safe haven

Gold prices have room to grow this year as economic and geographical uncertainties around the world may lure investors into gold as “safe haven”.

   

Higher foreign ownership imperative, say banks

Last August Prime Minister Nguyễn Xuân Phúc issued Decision No.986/QĐ-TTg on the Development Strategy of the Banking Sector.

   

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