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Tag: banking

Vietnam attends meetings of ASEAN finance ministers, central bank governors in Indonesia
Vietnam attends meetings of ASEAN finance ministers, central bank governors in Indonesia

VOV.VN - A delegation of the State Bank of Vietnam (SBV), led by its Deputy Governor Pham Tien Dung, attended the ASEAN Central Bank Governors’ Meeting, the ASEAN Finance Ministers’ and Central Bank Governors’ Meeting, and related events in Bali, Indonesia, from March 28 - 31.

Vietnam attends meetings of ASEAN finance ministers, central bank governors in Indonesia

Vietnam attends meetings of ASEAN finance ministers, central bank governors in Indonesia

Government asked to issue revised decree on foreign ownership cap at Vietnamese banks
Government asked to issue revised decree on foreign ownership cap at Vietnamese banks

VOV.VN - The State Bank of Vietnam (SBV) has requested that the Government issue a revised decree on foreign investors buying shares from Vietnamese credit institutions.

Government asked to issue revised decree on foreign ownership cap at Vietnamese banks

Government asked to issue revised decree on foreign ownership cap at Vietnamese banks

UOB lowers Vietnam’s GDP growth forecast
UOB lowers Vietnam’s GDP growth forecast

VOV.VN - The United Overseas Bank (UOB) has moved to lower its 2023 economic growth forecast for the nation from 6.6% to 6% due to a low base in the first quarter (Q1) of this year.

UOB lowers Vietnam’s GDP growth forecast

UOB lowers Vietnam’s GDP growth forecast

Further interest rate cut may be soon: central bank deputy governor
Further interest rate cut may be soon: central bank deputy governor

The central bank likely will further cut interest rates in a near future, according to deputy governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

Further interest rate cut may be soon: central bank deputy governor

Further interest rate cut may be soon: central bank deputy governor

Foreign ownership at some local banks may rise to 49%
Foreign ownership at some local banks may rise to 49%

The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%.

Foreign ownership at some local banks may rise to 49%

Foreign ownership at some local banks may rise to 49%

Vietnamese banks remain attractive to foreign investors
Vietnamese banks remain attractive to foreign investors

Foreign investors’ continuous investment in Vietnam has shown their optimistic about the country’s economic outlook, despite the difficult situation of the global banking sector.

Vietnamese banks remain attractive to foreign investors

Vietnamese banks remain attractive to foreign investors

Vietnam attends ASEAN Finance Ministers' and Central Bank Governors' Meeting
Vietnam attends ASEAN Finance Ministers' and Central Bank Governors' Meeting

Deputy Minister of Finance Do Thanh Hung is leading a Vietnamese delegation to the ASEAN Finance Ministers' and Central Bank Governors' Meeting (AFMGM) and related meetings, which opened in Bali, Indonesia, on March 28.

Vietnam attends ASEAN Finance Ministers' and Central Bank Governors' Meeting

Vietnam attends ASEAN Finance Ministers' and Central Bank Governors' Meeting

Four Japanese banks to provide US$300 million for Vietnamese renewable energy
Four Japanese banks to provide US$300 million for Vietnamese renewable energy

VOV.VN - Four Japanese banks are set to co-finance a total of US$300 million to provide credit lines to power producers using renewable energy in Vietnam as part of efforts to help the growing country in its decarbonising process.

Four Japanese banks to provide US$300 million for Vietnamese renewable energy

Four Japanese banks to provide US$300 million for Vietnamese renewable energy

Inadequate regulations hinder green credit growth
Inadequate regulations hinder green credit growth

Green credit growth in Vietnam has remained limited due to the lack of a clear legal framework, according to industry insiders.

Inadequate regulations hinder green credit growth

Inadequate regulations hinder green credit growth

Central bank to cut refinance rate in next quarter: UOB
Central bank to cut refinance rate in next quarter: UOB

The Singapore-based United Overseas Bank (UOB) anticipates the State Bank of Vietnam (SBV) will cut its refinance rate in the second quarter this year by 100 basis points to 5.00%.

Central bank to cut refinance rate in next quarter: UOB

Central bank to cut refinance rate in next quarter: UOB

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Editor-in-chief: NGO THIEU PHONG
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Giấy phép báo Điện tử VOV số 564/GP-BTTTT của Bộ Thông tin & Truyền thông cấp ngày 13/12/2016