Credit growth quota policy needs to ensure safety of banking system
The State Bank of Vietnam (SBV) this year removed the credit growth quota for foreign banks, but the policy remains for Vietnamese banks, due to concerns about rising...
The State Bank of Vietnam (SBV) this year removed the credit growth quota for foreign banks, but the policy remains for Vietnamese banks, due to concerns about rising...
On the occasion of welcoming the Year of the Dragon 2024, Minister of Finance Hồ Đức Phớc shared with Customs Magazine about the outstanding results of the Finance...
The decline in the local auto market affected both domestically-produced and assembled vehicles, as well as imported vehicles, prompting car manufacturers to take action...
In 2023, Vietnam's trade balance kept recording a trade surplus for the 8th consecutive year, with an estimated surplus of nearly 30 billion USD, an increase of nearly...
An approach that seems quite interesting in the case of dollar/yen right now, is to look at productivity trends.
Even though the bond market showed signs of recovery in the second quarter, many issuers were still late in paying bonds' principal and interest.
Vietnam’s total import-export turnover of goods hit 374.23 billion USD in the first seven months of this year, with the country posting a trade surplus of some 15.23...
Last week saw some very notable—and perhaps scary—increases in bond yields across G10 countries.
Vietnam’s stock market successfully went against the stream on June 26, 2023, prolonging the gaining trend for VN-Index.
The top online travel agents (OTAs) in Q1 are international brands in the travel sector, such as Traveloka, Booking.com, Agoda, Expedia and Trip.com. There are no...
VCN – Recently, China has granted certificates to 70 growing areas and 13 sweet potato packing facilities eligible for export to this country. China's export...
As most advanced-country central banks near the end-game for their policy tightening, we are starting to see notable differences in policy preferences. This is something...
To cope with the challenges of the economy in 2023, multinational enterprises shall actively review their business activities, especially transfer pricing matters.
Vietnam's industry and trade sector has obtained encouraging results in 2022, contributing to the national socio-economic development. The following is a list of the 10...
In order to facilitate trade and support import and exports activities across border gates, mainly agricultural product export to China, the Ministry of Finance has...
The country’s economy is recovering positively after the Covid-19 pandemic, making the capital demand for production and business increase. However, businesses are...
If the State Bank of Vietnam (SBV) waits until the fourth quarter of 2022 to provide additional credit quotas to banks, it will be too late in comparison to the current...
Some qualified commercial banks are forecast to get higher credit growth quotas from the State Bank of Việt Nam (SBV) in the next few months.
Such a move would help ensure transparency and openness in banking operations while staying in line with Basel II standards and other international practices.
Since the beginning of the year, when production and business activities have been resumed, credit growth has increased robustly. By the beginning of June 2022, the...
Many financial experts believe that eliminating the credit quota is vital and that it may be accomplished quickly if followed by a particular plan.
Commercial banks are expecting to have higher credit growth limits in Q2 2022 as they have already used up most of their assigned quota this year.