Tag: "central bank"

Central bank mulls term deposits for foreigners

Central bank mulls term deposits for foreigners

The State Bank of Vietnam (SBV) is collecting feedback on a draft circular that will, among other things, allow non-residents legally present in Vietnam to make term deposits in both VND and foreign currencies.

ATM services must run 24/7: Bank

ATM services must run 24/7: Bank

Following recent complaints that several banks in Vietnam have stopped providing ATM services at night, the State Bank of Vietnam (SBV) has ordered all banks nationwide to provide ATM services 24/7.

First APEC Senior Officials Meeting opens in Nha Trang

First APEC Senior Officials Meeting opens in Nha Trang

The first APEC Senior Officials Meeting (SOM1) kicked off in Nha Trang city, south central Khanh Hoa province, on March 2, with the attendance of delegates from 21 member economies of the Asia-Pacific Economic Cooperation (APEC) Forum.

SBV aims to hold inflation under 4% in 2017

SBV aims to hold inflation under 4% in 2017

The State Bank of Vietnam (SBV) will control inflation under 4% and stabilise the macro economy to reach a GDP growth of 6.7%, as well as ensure a safe operation for the banking system, a high ranking official of the central bank said.

Gold firms ask for looser control of import

Gold firms ask for looser control of import

It is time for the central bank to loosen its control over gold imports as a shortage of gold material in the domestic market has led to adverse consequences, the Vietnam Gold Trading Association (VGTA) said.

Central bank refuses cheap loans for builders

Central bank refuses cheap loans for builders

The deadline for social housing developers who signed borrowing contracts before March 31, 2016 to get cheap loans from the VND30 trillion stimulus package will not be extended to December 31 this year as they wished.