Tag: banking
State Bank of Vietnam issues US$409.9 million worth of T-bills
The State Bank of Vietnam on October 3 offered 28-day treasury bills (T-bills) worth VND10 trillion (US$409.9 million) through the interest rate auction mechanism.
Hanoi creates jobs for 171,200 labourers over nine-month period
VOV.VN - The capital created jobs for 171,200 workers throughout the first three quarters of the year, duly surpassing the annual plan by 5.7%, the municipal People’s Committee has reported.
WB projects Vietnam's economic growth to slow to 4.7% this year
VOV.VN - Vietnam’s real economic growth is expected to slow to 4.7% this year before recovering to 5.5 % in 2024 and 6.0 % in 2025, according to Vietnam’s Macro and Poverty Outlook released by the World Bank on October 2.
Vietnam gets US$41.2 million in emission reduction payments
Vietnam has received US$41.2 million, equivalent to 80% of the total funding, from the World Bank for 10.3 million tonnes of CO2 as a result of its efforts to reduce carbon emissions in deforestation and forest degradation until 2025, according to Director of the Forestry Department under the Ministry of Agriculture and Rural Development (MARD) Tran Quang Bao.
SBV issues another VND20 trillion worth of treasury bills
The State Bank of Vietnam (SBV) on September 27 continued to offer 28-day treasury bills worth VND20 trillion (US$833 million) through an auction.
SBV rolls out measures to reign in raising exchange rate
Measures have been taken by the State Bank of Vietnam to reign in the rising US dollars against the VND.
Vietnam’s regulatory interest rates to further down in fourth quarter: UOB
The United Overseas Bank (UOB) has maintained its economic growth forecast for Vietnam at 5.2% for 2023 and 6% for 2024 while forecasting that Vietnam will continue to cut regulatory interest rates in the remaining months of this year to balance economic growth and inflation pressure.
Deputy PM receives General Manager of Bank for International Settlements
Deputy Prime Minister Le Minh Khai received General Manager of the Bank for International Settlements (BIS) Agustin Carstens in Hanoi on September 22.
Agencies promote anti-money laundering in cryptocurrency transactions
The Vietnam Banks Association (VNBA) and Vietnam Blockchain Association on September 20 jointly organised a conference to promote legal regulations on anti-money laundering in cryptocurrency transactions.
BIS pledges support for Vietnam in banking infrastructure development
The Bank for International Settlements (BIS) will continue to accompany and support the State Bank of Vietnam (SBV) in investing in payment and financial infrastructure development and promoting digital transformation, contributing to improving risk management in the local banking sector, stated BIS General Manager Agustin Carstens.
