Tag: State Bank of Vietnam
US’s branding of Vietnam as money manipulator biased: Experts
The US Treasury Department’s labelling of Vietnam as a currency manipulator is biased, as it is only based on US standards and lacks suitable consideration as well as recommendations from international organisations, according to experts.
PM asks for drastic measures to deal with consequences of disasters, resume production
Prime Minister Nguyen Xuan Phuc has sent a dispatch to relevant ministries, sectors, and localities requesting they focus on settling the consequences of natural disasters and recovering production in the central region.
Vietnam posts 7.26% credit growth so far this year
Outstanding loans in Vietnam exceeded VND8.79 quadrillion (US$378.74 billion) as of November 17, an increase of 7.26% from the end of 2019, according to the State Bank of Vietnam (SBV).
Banks helps boost exports to EU
Connectivity between banks, businesses, and farmers in value chains is essential for Vietnamese goods to enter the EU market, a workshop in Hanoi on November 20 heard.
Vietnamese currency to strengthen in 2021: VNDirect Securities
The Vietnamese dong (VND) will remain stable for the rest of the year but may appreciate by 0.5% in 2021, VNDirect Securities Corp forecast.
NA approves new Government officials, resolution on 2021 budget estimate
The National Assembly passed the appointment of several new ministers and senior government officials, and approved the Resolution on State budget estimate for 2021 on November 12, the eighth working day of the second phase of its 10th session.
Vietnam to allow banks to use foreign e-wallets for int’l payments
The State Bank of Vietnam is drafting a circular regarding cashless payments which might allow domestic commercial banks and domestic intermediary payment companies to co-operate with foreign intermediary payment companies to provide international payment services.
Greater efforts needed to tackle bad debts: Experts
The Government has directed the State Bank of Vietnam (SBV) to add non-performing loan (NPL) settlement regulations under Resolution No.42/2017/QH14 into the revised Law on Credit Institutions, SBV Deputy Governor Nguyen Kim Anh has said.
Government expects 6.5% GDP growth for Vietnam next year
VOV.VN - Vietnam’s economic growth rate in 2021 is anticipated to reach between 6% and 6.5%, according to a resolution adopted during the Government's recent monthly meeting for August.
SBV tells banking industry to develop an inclusive finance system
The State Bank of Vietnam (SBV) urged the banking industry to build an inclusive finance system that serves all members of society in Vietnam in Hanoi on September 10.
