The State Bank of Vietnam (SBV) has given timely instructions to banks in order to prevent risks and acts that take advantage of virtual currencies in transactions, Deputy Governor Dao Minh Tu has said.

VOV.VN - Singapore-based United Overseas Bank (UOB) has maintained Vietnam’s GDP growth forecast at 6.5% and inflation at 3.7% for this year, although it anticipates inflation would rise to 5% ahead in 2023.

The State Bank of Vietnam (SBV) will increase its interference in the foreign currency market and stay ready to pump money to the market more frequently, thus creating favourable conditions for credit institutions to meet the demand for legal foreign currencies of organisations and individuals.

VOV.VN - Vietnam is one of 12 economies that have been placed on the US' currency monitoring list, according to the US Department of the Treasury’s semiannual Report to Congress on Macroeconomic and Foreign Exchange Policies of Major Trading Partners

VOV.VN - Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong on April 6 had a working session with a delegation of the US Department of the Treasury led by Deputy Assistant Secretary of the Treasury Robert Kaproth.

VOV.VN - Fitch Ratings has affirmed Vietnam's long-term foreign-currency issuer default rating (IDR), assessing it to be a 'BB' with a positive outlook.

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.

VOV.VN - The Russian currency (RUB) has begun to depreciate over the Russia-Ukraine conflict, resulting in a string of cancellations by Russian tourists wishing to visit Vietnam and greatly impacting the plans of local travel agencies.

The development of an international financial centre in Ho Chi Minh City must be associated with the planning work and socio-economic development of the locality, as well as a political consensus, according to experts.

Remittances to Ho Chi Minh City reached around US$6.6 billion in 2021, up 9% from the previous year, according to Nguyen Hoang Minh, head of the Vietnam Banks Association’s Office in HCM City.