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 Ho Chi Minh City hit US$2 billion during January-April, up 11%t against the same period last year.

The State Bank of Vietnam (SBV) has told financial institutions to reschedule debt repayments to help customers affected by the COVID-19 pandemic.

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).

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.

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.

Demand for credit may increase sharply since the second quarter, especially in fields of industrial production, exports, trade and tourism, said a senior official of the central bank.

The State Bank of Vietnam (SBV) has decided to extend a policy allowing commercial banks to keep debt classifications for COVID-19 affected borrowers unchanged to help customers access bank loans.

Vietnamese commercial banks are required to issue chip ATM cards to improve customers’ transaction security from March 31, according to the State Bank of Vietnam’s Circular No. 22/2020/TT-NHNN.