Tag: interest rate
Real estate for rent - bright spot in 2022
The domestic rental market had a bright start in 2022, although it began to decline in the second quarter, according to batdongsan.com.vn, Vietnam's leading real estate trading website.
Central bank to raise credit limit, banks slash interest rates
The State Bank of Vietnam has raised the domestic banking system’s credit growth by 1.5-2.0 percentage points from the previous 14% limit on December 5.
Banking system’s liquidity remains good: SBV Governor
The liquidity of the whole banking system has remained good, Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has said.
Keeping monetary stability – core task in face of FED interest rate hikes
Amid the US Federal Reserve (FED)’s continuous increases of interest rates to cope with inflation, the most important task for Vietnam now is to keep macro-economic stability, with monetary stability being the core, some economic experts have said.
Hiking deposit interest rates helps ensure capital mobilisation for economy
Increasing deposit interest rates is in line with the general trend, ensuring liquidity safety and capital mobilisation for the economy, Deputy Governor of the State Bank of Vietnam (SBV) Pham Thanh Ha has said.
Bank rate hikes affect businesses in dire need of capital for production
VOV.VN - Despite banks moving to raise interest rates that has caused numerous difficulties for businesses, the move could be viewed as a necessary step toward maintaining the stability of the forex market and ensuring anti-inflation requirements.
Central bank revises up interest rates by 1% from October 25
The State Bank of Vietnam on October 24 decided to revise up several interest rates by 1%, starting from October 25.
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.
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.
SBV to keep close watch on Fed moves: Governor
The State Bank of Vietnam (SBV) will persist in monetary policy management solutions towards macroeconomic stability, but closely follow all developments to manage the situation in an appropriate manner, SBV Governor Nguyen Thi Hong said, given the Federal Reserve System (Fed)’s latest interest rate increase.