Deposit interest rates at four major banks of Vietnam were adjusted sharply, down by 0.4% per year from the previous listings, bringing the rate to 1.8% per year at the...
According to Dr. Nguyen Quoc Hung (photo), Vice President and General Secretary of the Vietnam Banking Association, in order to participate in monetary policy to support...
It is anticipated that there will be significant changes in the scale of the banking sector's charter capital this year.
The proposal was one of conclusions under the Government’s Resolution 05/NQ-CP that was issued after a recent Government meeting on law making.
According to many opinions, the asset quality of banks will be temporarily under control at the current level until the end of 2023, but moving into 2024, the situation...
Following a period of difficulty getting bank credit, real estate firms have lately seen a series of capital assistance packages from banks.
The total value of issued corporate bonds by the end of November 2023 was VNĐ247.59 trillion, of which, the banking industry accounted for the majority with 48.6 per...
Savings interest rates have set a new record low of only 1.9% per year for a 1-2-month term.
The banking industry has experienced a difficult period in 2023 due to global and domestic headwinds. However, the industry outlook is forecast to be more positive next...
As this is the last daily commentary of the year we thought that we’d outline some of our assumptions for next year and how these shape our predictions for financial...
VCBS expects the lending interest rate will decrease by another 1-1.5 percentage points in 2024. In particular, banks will consider lowering interest rate for some...
Perhaps understandably, there’s been what might be called ‘rate-cut-creep’ in the markets as it seems that both analysts and market pricing have inched forward the...
Việt Nam’s four largest banks, Agribank, VietinBank, BIDV, and Vietcombank, have continued to sharply reduce savings interest rates since this week.
In a recent report on the banking industry, VNDirect Securities Company said the average NIM ratio of 25 listed banks in the third quarter of 2023 was 3.32 per cent, a...
Trust in the Fed Chair is the lowest it has ever been according to Gallup and if you think that this is only a problem in the US, just look at the UK where politicians...
It seems that developed-country central banks have finished their tightening cycle, with the exception of the BoJ which has yet to start. But those banks meeting this...
According to Ms. Pham Phuong Linh, an analyst from KBVN Securities Company, the source of bad debt risks in the banking industry is a subject of concern in 2024,...
Due to the modest credit growth results in nearly 11 months of 2023, the State Bank (SBV) has decided to redistribute the credit "pie" with the expectation that it will...
Existing 'loopholes' in the Credit Institutions Law (amended) may make it easier for banks to engage in real estate trade in the same way as professional...
As the national economy is still rather unhealthy with the credit growth in the first 10 years only reaching half the set target, all banks are trying to unblock credit...
The State Bank of Vietnam (SBV) has announced it will adjust the growth targets among credit institutions as a result of uneven credit growth.
SBV’s statistics showed 28 banks have expected to increase their charter capital by more than VNĐ163 trillion in 2023, higher than last year’s number of VNĐ154 trillion....
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