Deputy Minister of Finance Vo Thanh Hung highlighted Vietnam’s flexible monetary policy management in an effort to promote consumption, investment and business while addressing the 10th ASEAN Finance Ministers and Central Bank Governors Meeting (AFMGM) which was held in Indonesia on August 24 and 25.

VOV.VN - Vietnam has actively participated in the ASEAN financial co-operation process since 1995, with this being viewed as the most extensive financial collaboration channel of the nation.

The State Bank of Vietnam (SBV), has officially joined the Regional Payment Connectivity (RPC) initiative.

The four biggest banks in Vietnam have strongly cut interest rates for various deposit terms to the lowest levels of the year.

VOV.VN - Amid remarkable changes occurring in the global investment trend across many important real estate segments, the nation remains one of the destinations capturing great interest from investors thanks to its positive recovery capacity and the flexibility of the country’s economy, according to a recent report by Savills Vietnam.

The State Bank of Vietnam (SBV) has just allowed the Japanese multinational banking financial services institution, Sumitomo Mitsui Banking Corporation (SMCB), to buy newly issued shares of VPBank (VPB).

Commercial banks in Vietnam have invested a total of VND15 trillion (US$629.7 million) in digital transformation, heard an online seminar on ensuring security and safety for e-payments in the digital era held on August 21.

Commercial banks have persistently reduced deposit interest rates, resulting in rates for many terms now standing at just above 6% per annum.

International experts shared experience in public debt management and gave recommendations to Vietnam at a consultation workshop in Hanoi on August 17.

VOV.VN - The country’s economic growth is forecast to be positive over the short term, according to predictions made the London-based audit service supplier PricewaterhouseCoopers (PwC).