Tags: state bank of vietnam

Travel firms ask for support to overcome COVID-19 impact

Travel firms ask for support to overcome COVID-19 impact

The HCM City Department of Tourism said it has submitted to the State Bank of Vietnam a list of 31 travel and tourism firms that are seeking help to make it through the disruption caused by the COVID-19 pandemic.

Vietnam soon implementing mobile money

Vietnam soon implementing mobile money

The State Bank of Vietnam is is urgently working with relevant ministries to finalise the pilot programme of utilising telephone subscription accounts to make small payments, or mobile money.

Vietnam has sufficient resources to stabilise forex market: State Bank

Vietnam has sufficient resources to stabilise forex market: State Bank

The State Bank of Vietnam (SBV) has said it is ready to intervene in the market when the intervention rate is lower than the current listed exchange rate on a large scale by spot or forward transactions to stabilise the foreign exchange market and the macro-economy.

EVN produces one third of domestic electricity output

EVN produces one third of domestic electricity output

Electricity of Vietnam (EVN) has produced 7,185MW of power, accounting for 33.2 percent of Vietnam’s total power output in the 2016-20 period, according to the revised Power Development Master Plan (PDP) VII.

Banks urged to cut interest rates for epidemic-hit firms

Banks urged to cut interest rates for epidemic-hit firms

The State Bank of Vietnam (SBV) has urged domestic and branches of foreign credit institutions to offer a cut in loan interest rates for businesses affected by the acute respiratory disease caused by the SARS-CoV-2 (COVID-19) which is taking toll on the regional economies.

Services sector to promote IT application

Services sector to promote IT application

The Prime Minister has launched an initiative to restructure the services sector using advanced technology and artificial intelligence to improve competitiveness.

Banks assist firms affected by nCoV outbreak

Banks assist firms affected by nCoV outbreak

In response to the State Bank of Vietnam (SBV)’s appeal, a number of credit institutions have announced plans to support businesses affected by the novel coronavirus (nCoV) epidemic.