Tags: interest rate

More monetary easing measures forecast in 2020

More monetary easing measures forecast in 2020

The State Bank of Vietnam (SBV) is expected to further take monetary easing measures to support the country’s GDP growth target of above 5% this year in light of a weak economic outlook, experts forecast.

Coping with the outbreak in the Vietnamese way – a role model?

Coping with the outbreak in the Vietnamese way – a role model?

VOV.VN - Prof. Andreas Stoffers, Vietnam country director for Friedrich Naumann Foundation for Freedom, has expressed his belief that Vietnam will certainly weather the COVID-19 storm thanks to its prudent monetary and fiscal policy introduced and serve as a role model for others.

Banking sector vows adequate capital to keep economy going

Banking sector vows adequate capital to keep economy going

The banking sector will ensure adequate capital to keep the economy going, according to an official from the State Bank of Vietnam (SBV), amid the novel coronavirus disease (COVID-19) which is taking heavy toll on the economy.

Banks warned of sanctions against interest rate race

Banks warned of sanctions against interest rate race

VOV.VN - The State Bank of Vietnam will intensify the supervision of implementing interest rates and credit programs of credit institutions whilst also strictly handling relevant infringements.

No big changes in exchange rate, interest rate in 2019: research institute

No big changes in exchange rate, interest rate in 2019: research institute

There would be no big fluctuations in the foreign exchange rate and interest rate in 2019 as pressure caused by the normalization of monetary policy in major economies in the world has eased, according to the Vietnam Institute for Economic and Policy Research (VEPR) under the VNU University of Economic and Business.

“Big four” banks to lower interest rates on January 10

"Big four" banks to lower interest rates on January 10

VOV.VN - Four major commercial banks have pledged to slash lending rates as of January 10 in a bid to further leverage access to loans for businesses operating in the prioritized sectors as stipulated by the State Bank of Vietnam.

Consumer finance arms race

Consumer finance arms race

Consumer finance companies are offering various promotions to customers, aiming to enlarge their share in an increasingly competitive market.

90% of social insurance fund invested in G-bonds

90% of social insurance fund invested in G-bonds

About 90% of social insurance funds are currently invested in government bonds (G-bonds), Dao Viet Anh, Deputy General Director of the Vietnam Social Security (VSS), said at a seminar last week.

Interbank interest rate sharply rises

Interbank interest rate sharply rises

The Vietnam dong’s interest rate on the interbank market exceeded 3% per annum for the first time over the past more than six months.