Tag: SBV
Standard Chartered raises Vietnam’s 2022 GDP growth forecast to 7.5%
Standard Chartered Bank has raised its Vietnam GDP growth forecast for 2022 to 7.5% from the previous 6.7% and for 2023 to 7.2% from 7.0% to reflect robust Q3 growth of 13.7% year-on-year. The last quarter 2022 growth is anticipated at 4.0%.
Vietnam’s GDP projected at 7% in 2022: AMRO
The ASEAN+3 Macroeconomic Research Office (AMRO) has joined many international organisations in revising up Vietnam’s GDP growth this year thanks to the country’s strong performance since early this year and success in containing inflation.
Bad debts remain a challenge for banks in Q4 2022
Besides interest and exchange rates, non-performing loans (NPLs) are also a concern for banking activities in the remaining months of 2022, experts have warned.
Central bank of Vietnam raises interest rates to rein in inflation
VOV.VN - The State Bank of Vietnam (SBV) has decided to raise operating interest rates by approximately 1% as of September 23 in an effort to keep inflation in check and maintain the macroecnomic stability.
Government leader appreciative of digital transformation efforts
VOV.VN - Prime Minister Pham Minh Chinh hailed efforts made by the banking sector on August 4 in terms of digital transformation due to their diverse range of products and services for both people and businesses.
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Central bank to back low-income earners in accessing loans for housing: Governor
The State Bank of Vietnam (SBV) will give flexible and suitable management to guide credit resources to business and production activities and create favourable conditions for workers and low-income earners to access capital for house purchase, Governor Nguyen Thi Hong said on August 1.
Standard Chartered: Vietnamese inflation rate likely to exceed 4%
VOV.VN - Along with maintaining the nation’s GDP growth forecast at 6.7% for this year and 7% in 2023, Standard Chartered projects that this year's inflation will exceed 4%, a figure higher than the target set by the National Assembly.
All of administrative procedures in banking sector to be handled online
The State Bank of Vietnam (SBV) has issued a decision on digital transformation plan in 2022, under which all of the administrative procedures are to be handled online.
HSBC predicts Vietnam’s inflation to be capped under 4%
The HSBC has forecast that Vietnam's inflation will increase 3.7%, still below the inflation ceiling of 4% set by the State Bank of Vietnam (SBV).
Vietnam to have regulations on offshore loans
The State Bank of Vietnam (SBV) is collecting opinions from organisations and individuals on the Prime Minister's draft decision on offshore loans and guarantees for non-residents of economic organisations.
