The State Bank of Vietnam (SBV) has ordered inspections of gold trading enterprises in Ho Chi Minh City and Dong Nai Province to be intensified following recent volatility and record-breaking surges in domestic gold prices.
The State Bank of Vietnam (SBV) announced that it has cleaned up 154 million bank accounts and flagged nearly 300,000 customers for suspected fraud, blocking transactions worth a combined VND1.5 trillion (US$56.9 million).
Domestic electronic transfers worth VND500 million (over US$18,900) or more, and international electronic transfers of US$1,000 (or the equivalent in foreign currency) or above, will have to be reported to the State Bank of Vietnam (SBV).
Global Finance has ranked Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong A+, the highest grade in its 2025 Central Banker Report Cards.
The State Bank of Vietnam (SBV) on July 31 announced that it has raised the credit growth target for commercial banks to support economic growth amid controlled inflation, in line with the Government’s directives.
VOV.VN - Overseas remittances to Vietnam hit about US$16 billion last year, reflecting Vietnamese expatriates’ trust in the country’s situation.
The move came as the dollar index (DXY) hovered around a four-month high of more than 105, with the market welcoming Donald Trump's victory in the US presidential election.
VOV.VN - The State Bank of Vietnam (SBV) announced on July 30 a direct selling price of SJC gold bars to four State-owned commercial banks and Saigon Jewelry Company (SJC) at VND78 million per tael, down VND500,000 compared to the previous week.
VOV.VN - Overseas remittances to Ho Chi Minh City during the first half of the year reached nearly US$5.2 billion, marking an increase of 19.5% on-year, Nguyen Duc Lenh, deputy director of the State Bank of Vietnam (SBV)'s Ho Chi Minh City branch, said on July 18.
VOV.VN - Under the State Bank of Vietnam (SBV)’s new move to stabilize the gold market and narrow the gold price gap, people who wish to purchase SJC gold can go to any of the four major state-owned commercial banks to carry out transactions to buy gold, according to industry insiders.