As of September 29, the total credit for the entire economy reached nearly VNĐ12.7 quadrillion (US$531.2 billion), marking a 6.92 per cent increase since early this year.
Some argue that the State Bank of Vietnam (SBV) could promote foreign currency loans to relieve pressure on VND loans, so helping to lower VND interest rates.
According to Mr. Nguyen Minh Tuan, CEO of AFA Capital, the State Bank's drainage of tens of hundreds of billion VND through the bond channel is still minimal in...
According to Mr. Tran Duc Anh, Director of Macroeconomics and Market Strategy at KB Vietnam Securities Company, credit growth this year is expected to be around 10%...
The outlook for the banking industry this year will not be as bright as previous years due to low credit growth and reducing profit, experts forecast.
The government urged the State Bank of Vietnam (SBV) to research and use a proactive approach, listen to ideas, and seek feedback from enterprises and individuals...
Commercial bank interest rate cuts have a beneficial influence on the real estate market, accompanied by anticipation of capital inflow.
Interest expense in the first 6 months of this year increased by 47 per cent year on year, despite efforts from regulators to lower interest rates.
The Government Office on July 31 issued a notice on Prime Minister Pham Minh Chinh’s opinions at a recent conference reviewing the performance of the banking sector in...
Too much dependence on credit to boost the economy is not the safe path.
According to experts, a cheap or substandard credit would entail high risks. Therefore, if the government wishes to boost credit in the economy, it must change certain...
Economic growth was lower than the projected scenario, expanding at 3.72 per cent from January to June in the context of declining global demand and emerging internal...
Many banks have been stepping up bond buybacks before maturity, but experts are concerned the work can affect the banks’ ability to supply capital for the economy and...
Credit growth since the start of 2023 remains low, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said, blaming that fact on both subjective and...
The State Bank of Vietnam (SBV) and relevant ministries are currently implementing a series of solutions with an aim to increase the capital absorption of the economy...
According to analysts, in order to promote bank loan demand, commercial banks must be more open and flexible, while ministries, sectors, and localities must work...
Low credit growth has made large banks curb capital mobilisation and implement solutions for attracting borrowers.
Commercial banks must cut operating expenses, reduce administrative operations, and assist individuals and enterprises through methods such as fee reduction, interest...
For a variety of reasons, the liquidity of the Vietnamese banking system is not ominous, particularly because Circular 26/2022/TT-NHNN will significantly increase the...
The State Bank of Vietnam (SBV) granted some banks the first credit growth limit (room) in 2023, ranging from 9-13.5%. This made businesses expect capital flows to...
Green credit growth in Việt Nam has remained limit ed due to the lack of a clear legal framework, according to industry insiders.
Credit growth by the end of February 2023 increased by nearly 0.8 per cent, equal to only one-third of the rate in the same period last year.
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