Tag: State Bank of Vietnam
Circular stipulates new regulations on electronic money transfers
The State Bank of Vietnam has issued a circular guiding certain provisions of the Law on Money Laundering Prevention and Control.
SVB: VND120 trillion social housing credit package rolled out
To date, 10 provinces have sent their lists of projects for access to a VND120 trillion (US$5.11 billion) housing credit package, heard an online conference on reviewing a resolution to remove difficulties for the development of the real estate market chaired by Prime Minister Pham Minh Chinh on August 3.
Egypt pledges best possible conditions for Vietnamese business operations
VOV.VN - Egypt is willing to create favourable conditions for Vietnamese businesses to come and operate efficiently in the country, Prime Minister Mostafa Madbouly told Vietnamese Deputy Prime Minister Tran Luu Quang during their talks in Cairo on July 27.
State Bank of Vietnam, US Treasury Department to maintain close ties
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong and US Secretary of the Treasury Janet L. Yellen had a working session in Hanoi on July 20, pledging to maintain close cooperation between their agencies in the spirit of mutual respect.
PM Chinh desires stronger economic connectivity with US
VOV.VN - Prime Minister Pham Minh Chinh suggested Vietnam and the US strengthen connectivity between their economies, boost bilateral trade and accelerate the recovery of their supply chains at a reception for US Treasury Secretary Janet Yellen in Hanoi on July 20.
Policy solutions needed to help businesses access capital
Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong has suggested sectors and localities take more measures to remove difficulties facing small- and medium-sized enterprises (SMEs), stressing that policy solutions are needed to help businesses access capital.
Central bank asks credit institutions to reduce interest rates
The State Bank of Vietnam (SBV) has sent a document to credit institutions and branches of foreign banks and SBV in provinces and centrally-run cities regarding the reduction of interest rates.
Interest rate cut contributes to supporting economic growth: economists
The State Bank of Vietnam (SBV) has cut regulatory interest rates for four consecutive times since the beginning of this year, in the context that world interest rates continue to rise and stay at a high level.
Interest rates cut expected to attract borrowers
The fourth cut in a row of regulatory interest rates by the State Bank of Vietnam (SBV) has provided an opportunity for commercial banks to reduce interest rates, thus attracting borrowers.
Credit growth still low in first half of 2023: SBV
Credit growth since the start of 2023 remains low, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said, blaming that fact on both subjective and objective causes.
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