Tag: banks
WB anticipates Vietnam’s GDP growth to lead Asian region in 2022
VOV.VN - The World Bank (WB) has raised its GDP growth forecast for Vietnam this year to 7.2% from 5.3% in April, while the overall rate of the East Asia and Pacific region is projected at 3.2%.
Low-carbon rice production helps Vietnam meet emission target
Moving to low-carbon rice production offers the highest potential for Vietnam to meet its goal of cutting methane emissions by 30% by 2030 while boosting the competitiveness of a strategic export item, a new World Bank report says.
Investors cautious about disbursing investments amid higher rates: experts
As many major central banks tightened monetary policies to contain soaring inflation, the State Bank of Vietnam (SBV) on September 22 also decided to hike its benchmark interest rate by 100 basis points, effective September 23.
Credit growth stands at nearly 10.5% as of mid-Sept
As of September 16, credit grew 10.47% against the end of 2021 and 17.19% against the same period last year, according to Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.
Vietnam’s economic growth counts on high-tech FDI
Vietnam’s economic growth has been accelerating in 2022, with experts considering high-tech foreign investments as a driver.
Bad debts remain a challenge for banks in Q4 2022
Besides interest and exchange rates, non-performing loans (NPLs) are also a concern for banking activities in the remaining months of 2022, experts have warned.
Central bank of Vietnam raises interest rates to rein in inflation
VOV.VN - The State Bank of Vietnam (SBV) has decided to raise operating interest rates by approximately 1% as of September 23 in an effort to keep inflation in check and maintain the macroecnomic stability.
High-tech FDI drives Vietnam’s economic evolution
High-tech foreign investments will continue to propel Vietnam’s economic growth for years to come, Michael Kokalari, chief economist at investment fund VinaCapital, has said.
Vietnamese economy continues recovery amid economic uncertainties
VOV.VN - Vietnam’s economic recovery has continued despite heightened economic uncertainties in relation to higher global inflation coupled with weakened economic growth in main trade partners, according to the September edition of the World Bank (WB)’s monthly Vietnam Macro Monitoring.
Party official hails JBIC's active contributions in Vietnam
Politburo member and Chairman of the Party Central Committee’s Economic Commission Tran Tuan Anh has hailed the Japan Bank for International Cooperation (JBIC) for its effective operations and active contributions in Vietnam, including providing financial support for projects.