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Tag: banks

Vietnamese economy poised for gradual recovery: WB
Vietnamese economy poised for gradual recovery: WB

VOV.VN - Vietnamese economy is showing mixed signs of recovery, with growth forecast to reach 5.5% in 2024 and gradually rise to 6.0% by 2025, according to the latest World Bank Taking Stock bi-annual economic update released on March 23.

Vietnamese economy poised for gradual recovery: WB

Vietnamese economy poised for gradual recovery: WB

IMF expert highlights Vietnam as appealing destination for foreign investors
IMF expert highlights Vietnam as appealing destination for foreign investors

VOV.VN - Vietnam is viewed as an attractive destination for foreign investors thanks to its stable growth rate, its large domestic market, along with its young and well-educated human resources, said Paulo Medas, head of the International Monetary Fund (IMF) team to Vietnam, speaking at the Annual Meetings of the IMF and the World Bank Group (WB) which was held recently in the US.

IMF expert highlights Vietnam as appealing destination for foreign investors

IMF expert highlights Vietnam as appealing destination for foreign investors

Majority of credit institutions forecast profit growth in 2024
Majority of credit institutions forecast profit growth in 2024

A total of 86.2% of credit institutions expect their profit this year to grow compared to 2023, according to the latest survey of the State Bank of Vietnam (SBV).

Majority of credit institutions forecast profit growth in 2024

Majority of credit institutions forecast profit growth in 2024

Banks requested to further cut lending rates to support business production
Banks requested to further cut lending rates to support business production

VOV.VN - Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam to direct banks to further lower lending rates to increase the economy’s access to capital.

Banks requested to further cut lending rates to support business production

Banks requested to further cut lending rates to support business production

Central bank to sell 16,800 taels of gold bullion to stabilize local market
Central bank to sell 16,800 taels of gold bullion to stabilize local market

VOV.VN - The State Bank of Vietnam (SBV) is scheduled to hold a gold bullion bidding session on April 23 in an effort to increase the supply of gold bullion and stabilize the domestic gold market that has made national headlines in recent times.

Central bank to sell 16,800 taels of gold bullion to stabilize local market

Central bank to sell 16,800 taels of gold bullion to stabilize local market

Central bank begins currency intervention to address market volatility
Central bank begins currency intervention to address market volatility

VOV.VN - The State Bank of Vietnam (SBV) has begun selling US dollars to intervene in the currency market for banks that have a negative foreign currency balance and those that want to buy, said Pham Chi Quang, an official of the central bank, at a press briefing held on April 19.

Central bank begins currency intervention to address market volatility

Central bank begins currency intervention to address market volatility

HCM City receives nearly US$2.9 billion in overseas remittances
HCM City receives nearly US$2.9 billion in overseas remittances

VOV.VN - Overseas remittances to Ho Chi Minh City, the country’s largest economic and financial hub, rose more than 35% in the first quarter of this year to nearly US$2.87 billion, according to the State Bank of Vietnam Ho Chi Minh City branch.

HCM City receives nearly US$2.9 billion in overseas remittances

HCM City receives nearly US$2.9 billion in overseas remittances

Vietnam holds gold bullion bidding session today
Vietnam holds gold bullion bidding session today

VOV.VN - The State Bank of Vietnam (SBV) is scheduled to hold a gold bullion bidding session on April 17 in an effort to increase the supply of gold bullion and stabilize the domestic gold market that has made national headlines in recent times.

Vietnam holds gold bullion bidding session today

Vietnam holds gold bullion bidding session today

Truong My Lan sentenced to death in major bank fraud case
Truong My Lan sentenced to death in major bank fraud case

Truong My Lan, Chairwoman of property developer Van Thinh Phat Group, was sentenced to death at the first-instance trial in Ho Chi Minh City on April 11.

Truong My Lan sentenced to death in major bank fraud case

Truong My Lan sentenced to death in major bank fraud case

Vietnam attends ASEAN’s policy dialogue on finance, banking
Vietnam attends ASEAN’s policy dialogue on finance, banking

A Vietnamese delegation led by Deputy Governor of the State Bank of Vietnam (SBV) Pham Quang Dung attended a policy dialogue between central bank governors of ASEAN countries and financial institutions' Chief Executive Officers on April 4 in Luang Prabang, Laos.

Vietnam attends ASEAN’s policy dialogue on finance, banking

Vietnam attends ASEAN’s policy dialogue on finance, banking

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