Banks ordered to provide financial aid to rice farmers
The State Bank of Vietnam yesterday issued Official Dispatch No. 1595/NHNN-TD, prioritizing loans to rice farmers and exporters, particularly in the Mekong Delta, to...
The State Bank of Vietnam yesterday issued Official Dispatch No. 1595/NHNN-TD, prioritizing loans to rice farmers and exporters, particularly in the Mekong Delta, to...
The Vietnam banking sector must implement solutions to reduce lending interest rates, creating conditions for individuals and businesses to access loans at...
On February 25, the SBV held a meeting with credit institutions to address strategies for stabilising deposit interest rates. As a result, banks such as Eximbank,...
While the Vietnam banking sector may continue to confront NIM and asset quality issues in 2025, its overall operating environment is projected to improve.
SBV Deputy Governor Dao Minh Tu stated that an average credit growth of over 2% would contribute to a 1% increase in the country's GDP. Therefore, for 2025, the central...
The FED seems set to stay on hold for the foreseeable future but most other G10 central banks should continue to ease.
While several commercial banks project profit increases of 20-33%, others, particularly state-owned, are taking a more cautious approach amidst unpredictable global...
MBS expects the average 12-month deposit rates of large commercial banks to fluctuate around the range of 5% - 5.2% in 2025.
The State Bank of Vietnam has proactively allocated credit room to banks, empowering them to accelerate lending activities to achieve the projected 8-percent GDP growth...
Banks are enjoying high profits, yet the interest rates they charge on loans remain high.
Recent financial disclosures from over 900 listed enterprises reveal a 20.9% year-on-year growth in profits after tax for the fourth quarter (Q4) of 2024.
In 2024, the Vietnamese banking industry faced continuing headwinds with flexible policies on sectoral administration and inflation control and strong restructuring...
Commercial banks have stimulated credit demand right from the start of the year to support economic growth.
More than 87% of Vietnam’s adult population now hold payment accounts at banks while many credit institutions are processing more than 95% of transactions through...
Prime Minister Pham Minh Chinh has urged Vietnam’s banking sector to overcome challenges and limitations to achieve breakthroughs this year.
According to Associate Professor - Dr. Phạm Mạnh Hùng, Deputy Director of the Banking Research Institute at the Banking Academy, lending interest rates will...
The Viet Dragon Securities Company (VDSC) said that bad debts might continue to increase slightly this year, after a circular allowing banks to reschedule debt repayment...
Average home loan interest rates may increase slightly from the beginning of this year due to rising capital costs, analysts forecast.
Many banks have promoted capital mobilisation policies right from the beginning of 2025 to improve financial strength and meet the credit demand that is forecast to...
Bank stocks will deliver a strong performance again this year, partly because sector-wide bank earnings growth is expected to accelerate from 14 per cent in 2024 to 17...
2024 continued to pose a lot of challenges to the global economy, marked by fluctuations in interest rates and geopolitical tensions. However, despite global economic...
Central bankers might have more to think about their monetary policy, because the Fed is pausing and the US dollar is surging.