Tag: State Bank of Vietnam
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.
Banks agree to cut lending rates to support hard-hit businesses
Most banks have agreed to cut the lending rate for enterprises hard hit by the COVID-19 pandemic from this month until the end of this year.
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.
Switzerland supports Vietnam in training bank executives
The State Bank of Vietnam (SBV) and the Embassy of Switzerland recently signed a bilateral agreement for the new Swiss Bank Executive Training programme (Swiss BET) to help build the capacity of Vietnamese bank executives.
PM asks central bank to study pilot implementation of cryptocurrency
Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam to study and carry out pilot implementation of cryptocurrency based on blockchain technology in the 2021-23 period.
Central bank, Quang Ninh continue to top 2020 administrative reform index
The State Bank of Vietnam and the northern province of Quang Ninh continue topping the 2020 Public Administration Reform (PAR) Index, the Government’s Steering Committee for Administrative Reform announced on June 24.
Vietnam Airlines to soon receive VND4 trillion from rescue package
VOV.VN - Vietnam Airlines is anticipated to receive an initial capital injection of VND4 trillion through a support package with an interest rate of 0% in July as part of efforts to overcome a serious impact caused by the COVID-19 pandemic, according to a representative of the national flag carrier.
Remittances to HCM City in Jan-Apr valued at US$2 billion
Remittances to Ho Chi Minh City hit US$2 billion during January-April, up 11%t against the same period last year.
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.
