According to the State Bank of Vietnam (SBV), as of the end of September 2024, 50 credit institutions had outstanding green credit balances exceeding VND 665 trillion,...
It will be difficult for the State Bank of Vietnam (SBV) to further loosen monetary policy due to a rising USD/VNĐ exchange rate pressure, experts said.
Although loan growth has lately increased, it remains much below the year-end objective of 15%.
There many supportive factors for VND include positive trade surplus; net FDI inflows; rebound of international tourist arrivals;…
While the gold price has reached a state of stability, a evident paradox between people's demand for gold and the limited availability of the precious metal is seen...
MBS anticipated that deposit rates would inch up only by an additional 20 bps by year-end.
The State Bank of Vietnam (SBV) is drafting a circular to better manage foreign investment protocols and hopefully make them speedier.
The State Bank of Vietnam (SBV) is working closely with ministries and local authorities to implement comprehensive strategies to address significant price disparities...
Bank credit in August is showing signs of recovery after a decline in July, according to the State Bank of Vietnam (SBV).
SBV has revised its green banking framework to address challenges in green lending, aiming to promote sustainable finance and facilitate access to green credit for...
With price pressures relatively contained, HSBC expected the SBV to remain accommodative and keep its policy rate steady through its forecast horizon, at 4.50%.
The USD/VND currency is expected to stabilize again, with a 3.5% year-to-date increase equivalent to VND25,120/USD.
The State Bank of Vietnam (SBV) has set a credit growth target of around 15 percent for 2024; however, the growth target is facing challenges, said Vice Chairman...
It is estimated that by the end of June 2024, the economy's credit growth will reach nearly 4.5%. This number is still far from the yearly credit growth target of...
The pressure on VND may ease up, leading VND/USD rates to fluctuate between 25,300 and 25,700 by the second half of 2024.
The State Bank of Vietnam (SBV) may need to hike policy rates to relieve pressure on foreign exchange reserves and manage stubbornly high inflation.
Recently, the USD/VND rate in the free market unexpectedly increased, possibly reigning short-term exchange rate pressures.
The USD/VND exchange rate continued to be under a lot of pressure.
People in Vietnam are still lining up to buy gold at banks and jewelry stores despite the government's efforts to stabilize the gold market out of their fear for...
According to many experts, the aim of 5-6% credit growth by the end of 2Q24 is challenging because the Vietnam economy's credit demand has not improved much despite...
Exchange rate fluctuations increase cost pressures for businesses when importing raw materials as well as for USD-denominated loans. However, some units have...
The Vietnam State Bank (SBV) yesterday announced its gold sale price to four state-owned commercial banks (Big-4) and Saigon Jewelry Company (SJC).
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