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Tag: banking

Vietnam optimises monetary policy for inflation control, macroeconomic stability
Vietnam optimises monetary policy for inflation control, macroeconomic stability

VOV.VN - This year has seen the State Bank of Vietnam (SBV) operate a flexible monetary policy aimed at controlling inflation, supporting further economic recovery, adapting to market fluctuations, and ensuring the safety of the banking system.

Vietnam optimises monetary policy for inflation control, macroeconomic stability

Vietnam optimises monetary policy for inflation control, macroeconomic stability

ADB finances US$107 million to develop wind power in Vietnam
ADB finances US$107 million to develop wind power in Vietnam

The Asian Development Bank (ADB) has signed a US$107 million financing project with BIM Wind Power Joint Stock Company (BIM Wind) to assist the operation of an 88 MW wind farm in the south central province of Ninh Thuan.

ADB finances US$107 million to develop wind power in Vietnam

ADB finances US$107 million to develop wind power in Vietnam

Strong performance across spheres boosts Vietnam’s economy: ADB Country Director
Strong performance across spheres boosts Vietnam’s economy: ADB Country Director

Country Director of the Asian Development Bank (ADB) in Vietnam Andrew Jeffries has attributed Vietnam’s economic growth in 2022 to a strong performance across sectors.

Strong performance across spheres boosts Vietnam’s economy: ADB Country Director

Strong performance across spheres boosts Vietnam’s economy: ADB Country Director

Overseas remittances forecast to rise 4.4% this year
Overseas remittances forecast to rise 4.4% this year

VOV.VN - Despite the current growth rate of overseas remittances to Vietnam being lower than last year, the total amount of remittances to the country is projected to grow by 4.4% this year before increasing by between 3.6% and 4.5% in 2023, according to international organizations.

Overseas remittances forecast to rise 4.4% this year

Overseas remittances forecast to rise 4.4% this year

Vietnam’s exports affected by many factors: WB
Vietnam’s exports affected by many factors: WB

Two drivers of Vietnam's economic growth – exports and domestic demand – are moderating, according to a report released by the World Bank (WB) on December 14.

Vietnam’s exports affected by many factors: WB

Vietnam’s exports affected by many factors: WB

HCM City receives US$6.8 billion of remittances so far
HCM City receives US$6.8 billion of remittances so far

The amount of remittances flowing to Ho Chi Minh City has continued to increase despite complicated geopolitical changes in the world, reaching about US$6.8 billion so far, according to Nguyen Duc Lenh, Vice Director of the Ho Chi Minh branch of the State Bank of Vietnam (SBV).

HCM City receives US$6.8 billion of remittances so far

HCM City receives US$6.8 billion of remittances so far

WB economist points to Vietnam’s growth drivers
WB economist points to Vietnam’s growth drivers

Vietnam’s strong economic performance in 2022 has been driven by several factors, including export, domestic demand and private investment, according to Andrea Coppola, the World Bank (WB)’s lead economist.

WB economist points to Vietnam’s growth drivers

WB economist points to Vietnam’s growth drivers

ADB raises 2022 economic growth projection for Vietnam to 7.5%
ADB raises 2022 economic growth projection for Vietnam to 7.5%

VOV.VN - The Asian Development Bank (ADB) has raised its economic growth forecast for Vietnam this year to 7.5%, despite regional and global gloom, the bank said in a regular supplement to the Asian Development Outlook (ADO) 2022 released on December 14.

ADB raises 2022 economic growth projection for Vietnam to 7.5%

ADB raises 2022 economic growth projection for Vietnam to 7.5%

Loosening monetary policy welcomed amid credit crunch
Loosening monetary policy welcomed amid credit crunch

The State Bank of Vietnam (SBV)’s recent decision to revise up the 2022 credit growth target of the banking system has eased access to bank loans amid a credit crunch, especially at the peak season to prepare for Lunar New Year (Tet).

Loosening monetary policy welcomed amid credit crunch

Loosening monetary policy welcomed amid credit crunch

French Senate leader visits Nhon-Hanoi station urban railway line
French Senate leader visits Nhon-Hanoi station urban railway line

President of the French Senate Gérard Larcher visited the France-invested Nhon-Hanoi station urban railway line in Hanoi on December 9 as part of his visit to Vietnam.

French Senate leader visits Nhon-Hanoi station urban railway line

French Senate leader visits Nhon-Hanoi station urban railway line

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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