The State Treasury of Vietnam mobilises VND10.48 trillion (US$450.55 million) from a G-bond auction held by the Hanoi Stock Exchange (HNX) on June 24.
An auction of Government bonds on the Hanoi Stock Exchange (HNX) on June 17 raised VND6.414 trillion (US$276.74 million) for the State Treasury.
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.
An auction of Government bonds on the Hanoi Stock Exchange (HNX) on May 27 raised VND3.707 trillion (US$158.5 million) for the State Treasury.
The State Treasury has raised over VND43.5 trillion (US$1.89 billion) from Government bonds auctioned at the Hanoi Stock Exchange since the beginning of this year.
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.
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.
The State Bank of Vietnam (SBV) slashed interest rates for the second time since September.
The State Bank of Vietnam (SBV) has warned local commercial banks to tighten control of loans that use savings books as collateral to ensure the safety of the banking system.
The State Bank of Vietnam (SBV) said the official interest rates will be adjusted down as from September 16.
The State Bank of Vietnam (SBV) has directed commercial banks to tighten control over credit card payments to prevent the improper use of credit cards.
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.
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.
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.
The State Treasury of Vietnam raised an additional VND3.8 trillion (US$163.4 million) by auctioning off Government bonds at the Hanoi Stock Exchange (HNX) on September 26.
Consumer finance companies are offering various promotions to customers, aiming to enlarge their share in an increasingly competitive market.
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.
Remittances to Vietnam have increased despite the rise in USD price against other currencies and the zero interest rate for foreign currency savings, factors experts said would impact remittance flow.
Loan sharks in Ho Chi Minh City are bringing their operations to the Internet, providing easier access to their loans while maintaining their terrorizing approach to dealing with debtors.
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.