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Tag: State Bank of Vietnam

Central bank to pump VND2 quadrillion into economy in 2024
Central bank to pump VND2 quadrillion into economy in 2024

VOV.VN - The State Bank of Vietnam (SBV) forecast that nearly VND2 quadrillion would be pumped into the national economy in 2024 to support economic recovery if the 15% credit growth target is met.

Central bank to pump VND2 quadrillion into economy in 2024

Central bank to pump VND2 quadrillion into economy in 2024

State Bank of Vietnam to keep policy rates steady in 2024: UOB
State Bank of Vietnam to keep policy rates steady in 2024: UOB

With the pace of economic activities on the mend and inflation rates already easing below the target level, the State Bank of Vietnam (SBV) will maintain its refinancing rate at the current level of 4.5% to support economic recovery, the United Overseas Bank (UOB) said in a report.

State Bank of Vietnam to keep policy rates steady in 2024: UOB

State Bank of Vietnam to keep policy rates steady in 2024: UOB

Vietnam not listed as currency manipulator in US Treasury’s latest report
Vietnam not listed as currency manipulator in US Treasury’s latest report

VOV.VN - The US Department of the Treasury has continued not to name Vietnam as a currency manipulator in its latest semi-annual report on the macro-economic and foreign exchange policies of major trading partners of the US, the State Bank of Vietnam (SBV) reported on November 8.

Vietnam not listed as currency manipulator in US Treasury’s latest report

Vietnam not listed as currency manipulator in US Treasury’s latest report

Banking system’s bad debt ratio surges to 3.56%
Banking system’s bad debt ratio surges to 3.56%

The bad debt ratio of the banking system skyrocketed from 2% at the beginning of this year to 3.56%, or more than VND440 trillion, at the end of July 2023, according to the latest data from the State Bank of Vietnam (SBV).

Banking system’s bad debt ratio surges to 3.56%

Banking system’s bad debt ratio surges to 3.56%

Women’s participation in banking for new challenges resolution accelerated
Women’s participation in banking for new challenges resolution accelerated

Standard Chartered Vietnam and the State Bank of Vietnam (SBV) have jointly organised a conference themed “Accelerating women in banking for new challenges resolution” in Hanoi.

Women’s participation in banking for new challenges resolution accelerated

Women’s participation in banking for new challenges resolution accelerated

Central bank forecast to continue bill issuance amid abundant liquidity
Central bank forecast to continue bill issuance amid abundant liquidity

The State Bank of Vietnam (SBV) will continue to issue new bills to withdraw cash from the banking system as liquidity is abundant and interbank interest rates remain low, analysts forecast.

Central bank forecast to continue bill issuance amid abundant liquidity

Central bank forecast to continue bill issuance amid abundant liquidity

Nine-month overseas remittances to HCM City up 40% on-year
Nine-month overseas remittances to HCM City up 40% on-year

VOV.VN - Ho Chi Minh City made US$6.687 billion in overseas remittances during the first nine months of the year, an annual rise of 40% and 1.3% more than all of 2022, according to the local branch of the State Bank of Vietnam (SBV).

Nine-month overseas remittances to HCM City up 40% on-year

Nine-month overseas remittances to HCM City up 40% on-year

Central bank continues T-bill issuance to stabilise exchange rate
Central bank continues T-bill issuance to stabilise exchange rate

The State Bank of Vietnam (SBV) on October 9 continued to offer 28-day treasury bills (T-bills) through the interest rate auction mechanism.

Central bank continues T-bill issuance to stabilise exchange rate

Central bank continues T-bill issuance to stabilise exchange rate

Credit growth to display positive signs ahead in remaining months
Credit growth to display positive signs ahead in remaining months

VOV.VN - Credit growth is anticipated to enjoy positive growth during the last months of the year, thereby helping to ease difficulties faced by businesses, whilst propelling economic development forward.

Credit growth to display positive signs ahead in remaining months

Credit growth to display positive signs ahead in remaining months

Big data essential to ensure continuous operations of banking industry
Big data essential to ensure continuous operations of banking industry

Data security is an important issue in ensuring continuous operations, and is considered a vital factor for banks. The Smart Banking Summit 2023 was organised by the Vietnam Banks Association (VNBA) in collaboration with IEC Group, under the professional sponsorship of the State Bank of Vietnam (SBV), in Hanoi on October 6.

Big data essential to ensure continuous operations of banking industry

Big data essential to ensure continuous operations of banking industry

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VOICE OF VIETNAM
VOICE OF VIETNAM

Head office: 37 Ba Trieu, Hoan Kiem, Ha Noi, Viet Nam
Phone: 84-24-22105148 | Fax: 84-24-39344230
Email: toasoanvov.vn@gmail.com | toasoan@vovnews.vn

Contact for Ads: 0903203412, quangcao@vovnews.vn
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Editor-in-chief: NGO THIEU PHONG
Deputy Editor-in-chief: Nguyen Tuyet Yen, Pham Cong Han, Dang Thi Khanh
Agency: THE VOICE OF VIETNAM

Chung nhan Tin Nhiem Mang
Giấy phép báo Điện tử VOV số 564/GP-BTTTT của Bộ Thông tin & Truyền thông cấp ngày 13/12/2016