Vietnam’s credit growth reached around 13.5% in 2023 although unprecedented developments of the global economy posed formidable challenges to the country’s monetary policy, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said on January 3.

With the pace of economic activities on the mend and inflation rates already easing below the target level, the State Bank of Vietnam (SBV) will maintain its refinancing rate at the current level of 4.5% to support economic recovery, the United Overseas Bank (UOB) said in a report.

The State Bank of Vietnam (SBV) has ceased bill issue after nearly two months of using the channel to withdraw cash out of the banking system.

VOV.VN - The US Department of the Treasury has continued not to name Vietnam as a currency manipulator in its latest semi-annual report on the macro-economic and foreign exchange policies of major trading partners of the US, the State Bank of Vietnam (SBV) reported on November 8.

VOV.VN - Ho Chi Minh City made US$6.687 billion in overseas remittances during the first nine months of the year, an annual rise of 40% and 1.3% more than all of 2022, according to the local branch of the State Bank of Vietnam (SBV).

VOV.VN - Credit growth is anticipated to enjoy positive growth during the last months of the year, thereby helping to ease difficulties faced by businesses, whilst propelling economic development forward.

Allowing banks access to Vietnam’s population database has set the foundation for the banking sector to expand and provide digital services to more customers, as well as improve security, prevent fraud and identity theft, according to the State Bank of Vietnam's (SBV) Deputy Governor Pham Tien Dung.

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.

In its recent report, the World Gold Council said demand for gold in Vietnam shrank 9% in the second quarter year on year due to the economic difficulties.

Vietnamese and US officials discussed economic outlooks and climate finance at a meeting held by the State Bank of Vietnam (SBV) and the Foreign Trade University (FTU) in Hanoi on July 21.