VOV.VN - The United States Federal Reserve’s recent decision to lower its benchmark interest rate by 0.5% is expected to ease pressure on the exchange rate between the US dollar and the Vietnamese Dong, and enable the State Bank of Vietnam (SBV) to flexibly adjust its monetary policy, according to analysts.

As many as 17 banks in Vietnam have announced programmes to support their customers who were affected by Typhoon Yagi.

VOV.VN - Prime Minister Pham Minh Chinh chaired a meeting on September 21 between cabinet members and leaders of 13 joint stock commercial banks as part of efforts to seek measures aimed at boosting national socio-economic development.

Vietnam's national credit rating is making significant strides toward achieving the official 'Investment' ranking.

VOV.VN - Standard Chartered Bank Vietnam has been named as the “Best Foreign SME Bank in Vietnam” for 2024, with this being the second consecutive year the financial institution has picked up the award.

The State Bank of Vietnam (SBV) on September 17 reduced the interest rate on the open market operation (OMO) channel from 4.25% to 4% per year.

Several private and State-owned banks have reduced interest rates and offered debt relief for customers affected by Typhoon Yagi.

Global ICT company FPT Software, a subsidiary of the FPT Corporation, signed a Memorandum of Understanding to establish a strategic partnership with Vilja, a leading Nordic core banking service provider based in Stockholm, in the framework of the recent Vietnam-Sweden Business Forum 2024.

Leaders of the People’s Committee of the southern province of Dong Nai on September 9 worked with a working group from the World Bank (WB) on sustainable urban development and efficient growth initiatives.

Vietnam’s economy continued to receive positive assessments in August, including those from the World Bank (WB) that upgraded its growth forecast for this year to 6.1% from 5.5%.