The State Bank of Vietnam (SBV) has told financial institutions to reschedule debt repayments to help customers affected by the COVID-19 pandemic.
Participants at a May 7 workshop in Hanoi recommended that Vietnamese businesses diversify capital sources funding their activities in the new context instead of being over-reliant on the banking system.
Leading economic experts forecast an optimistic growth outlook for Vietnam in 2021 despite the COVID-19 pandemic.
Party General Secretary Nguyen Phu Trong lauded efforts and achievements made by the banking sector during the national cause of economic development as he delivered a speech at a ceremony marking the sector’s 70th founding anniversary (May 6).
The State Bank of Vietnam (SBV) introduced two books on the history of the Vietnamese currency and of the central bank at a press conference on April 29, to mark the 70th anniversary of the country’s banking system (May 6, 1951-2021).
Vietnam’s mean annual temperature has increased by 0.5-0.7 degrees Celsius since 1960, with the rate of increase most rapid in the southern region and the Central Highlands, according to the Climate Risk Country Profile: Vietnam.
For the time ahead, the State Bank of Vietnam (SBV) will keep a proactive and flexible monetary policy basing on market developments and forecasts for the macro-economy, SBV Deputy Governor Dao Minh Tu told a meeting on April 22.
VOV.VN - The consumer finance market in the year ahead is predicted to struggle making any significant breakthroughs, despite lending interest rates witnessing a downward trend, according to experts.
Many international credit rating organisations want to join the Vietnamese market, heard a seminar in Ho Chi Minh City on April 16.
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has requested that credit growth be achieved in tandem with improving credit quality, with a focus on manufacturing and priority areas.