Tag: State Bank of Vietnam
Total assets of Vietnamese credit institutions rise by 4.97%
Total assets of the Vietnamese credit institution system by the end of June 2024 reached more than VND21.07 quadrillion, an increase of 4.97% compared to the end of 2023, the State Bank of Vietnam (SBV)’s latest data show.
Central bank says no gold shortages, vows to stabilise gold market
VOV.VN - The State Bank of Vietnam (SBV) on June 7 refuted rumours about gold shortages in the market, affirming there is a sufficient supply of gold for legitimate demand in an effort to stabilise the domestic gold market.
Central bank moves to sell SJC gold bars at ‘stable prices’
VOV.VN - The State Bank of Vietnam (SBV) on June 3 sold SJC branded gold bars to four State commercial banks and a gold and gemstones company at a stable price in an effort to narrow the disparity between domestic and global gold bar prices.
Central bank refutes currency band rumours, claims within range
VOV.VN - A senior official of the State Bank of Vietnam has silenced rumours that the central bank has adjusted the currency band, saying the recent exchange rate fluctuations in the market still fall within the already fixed 5% range.
Gov’t requests more efforts to rein in galloping gold market
VOV.VN - The government has requested an immediate inspection of gold bar trading in an attempt to stabilize the domestic gold market that has grabbed the headlines for the past few weeks.
SBV ready to intervene to stabilise foreign exchange rate: Deputy Governor
The State Bank of Vietnam (SBV) will manage the exchange rate flexibly, adjusting in line with general trends while still ensuring macro-economic stability and foreign currency balance, said its Permanent Deputy Governor Dao Minh Tu.
State bank again cancels May 3 gold auction
VOV.VN - The State Bank of Vietnam decided to cancel a gold bullion auction due to take place on May 3 morning after only a bidder applied for registration.
Central bank to continue gold auction on May 3
The State Bank of Vietnam will auction an additional 16,800 taels of SJC-branded gold bars to businesses at 9am on May 3, it said in a statement released on May 2.
Majority of credit institutions forecast profit growth in 2024
A total of 86.2% of credit institutions expect their profit this year to grow compared to 2023, according to the latest survey of the State Bank of Vietnam (SBV).
Central bank to sell 16,800 taels of gold bullion to stabilize local market
VOV.VN - The State Bank of Vietnam (SBV) is scheduled to hold a gold bullion bidding session on April 23 in an effort to increase the supply of gold bullion and stabilize the domestic gold market that has made national headlines in recent times.
