Tag: SBV
Switzerland's National Day, diplomatic ties with Vietnam celebrated in Hanoi
A ceremony was held in Hanoi on August 5 evening to celebrate Switzerland's 730th National Day (1291-2021) and the 50th founding anniversary of Vietnam-Switzerland diplomatic relations (1971-2021) with the attendance of Swiss Vice President and Minister of Foreign Affairs Ignazio Cassis.
Standard Chartered lowers Vietnamese growth forecast to 6.5%
VOV.VN - The UK-based bank, Standard Chartered, has lowered its annual growth forecast for the nation from 6.7% to 6.5%.
Vietnam welcomes exchange rate policy agreement with US
VOV.VN - Vietnam welcomes the outcomes of the online talks on July 19 between Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong and US Secretary of the Treasury Janet L. Yellen, and the deal reached the same day between the SBV and the US Department of Treasury on exchange rate policy.
SBV continues exchange rate flexibility to ease US currency concerns
The State Bank of Vietnam (SBV) pledges to continue fostering exchange rate flexibility while maintaining macroeconomic and financial market stability, so as to ease concerns from the US Department of Treasury about the country’s currency practices.
SBV demands interest rate reduction this month
Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu has asked the Vietnam Banks Association (VNBA) to campaign lenders to slash interest rates immediately this month.
Flexible monetary policy helps recover credit growth amid pandemic
The State Bank of Vietnam (SBV) has flexibly operated monetary policy tools to maintain liquidity for the banking system, contributing to stabilising and recovering credit growth in the context of unpredictable impacts of the COVID-19 pandemic.
Credit institutions asked to tighten loans in “overheating” sectors: SBV
The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for real estate and construction and consumption sectors, and Build-Operate-Transfer (BOT) projects.
SBV allows rescheduling of debt repayments for borrowers
The State Bank of Vietnam (SBV) has told financial institutions to reschedule debt repayments to help customers affected by the COVID-19 pandemic.
Party chief commends banking sector for role in stabilising macroeconomy
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).
Books on Vietnamese currency, banking system released
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).
