Banks continue reducing interest rates
In the past week, deposit interest rates at many commercial banks continued to decrease.
Enterprises expect lending interest rates at 7-8 percent per annum
On May 11, the State Bank of Vietnam (SBV) and the People's Committee of Ho Chi Minh City jointly organized a conference to discuss monetary and credit solutions to support and promote the economy of the Southeast region.
Reducing loan interest rates an important policy to support businesses
The State Bank of Vietnam (SBV) has been drastically implementing measures, particularly those to reduce loan interest rates.
Fall in VN Index is transitory
The sudden reduction in operating interest rates by the State Bank of Vietnam caused a sharp drop of 9.83 points in the VN index between 3 April and 12 April.
Increase in domestic cash inflow in stock market
At a time when foreign capital inflow had begun to show signs of slowing, domestic capital inflow has returned once again.
Vietnam’s banking system shows signs of money surplus
Vietnam’s banking system is showing signs of returning to a period of money surplus as no bank needs the State Bank of Vietnam's (SBV) capital in the open market operation (OMO) channel and overnight interbank interest rates have dropped sharply.
Banks to lower interest rates further: SBV Deputy Governor
During a seminar on "Opening Capital Flow into Production and Business" hosted by Tuoi Tre Newspaper on March 30, the Standing Deputy Governor of the State Bank of Vietnam (SBV), Dao Minh Tu, emphasized SBV's message to lower interest rates.
New provisions provide relief to bonds market
The new provisions introduced in Decree 08 provide temporary solutions to easing the immediate tension in the bonds market.
Vietnam’s regulatory interest rates to be reduced by 0.5-1 percent from March 15
The State Bank of Vietnam (SBV) on March 14 issued two decisions to reduce regulatory interest rates by 0.5 percent to 1 percent, which will come into force on March 15.
Banks maintain caution towards real estate crisis
Banks are maintaining a cautious approach in dealing with the current crisis in the real estate market.
Interest rates gradually cool down
Commercial banks have agreed to lower deposit interest rates by about 0.5 percent starting from March 6, while State-owned banks will only reduce their rates by 0.2 percent because they are already at the lowest level in the market.
Larger real estate projects carry larger debts
The real estate market has become a hot topic in the economy recently. There is an existing paradox where large-scale companies report huge profits, but their debts are increasingly enlarging, becoming fragile in the event of financial turmoil.
Credit grows 12.87 percent in 2022
The State Bank of Vietnam (SBV), on December 27, held a press conference on the implementation of tasks of the banking sector in 2023 in Hanoi.
State bank orders credit institutes not to force customers to buy insurance
Each bank is required to review its banking system while giving tough penalties on those who require customers to buy insurance that is not really necessary when granting credit to customers, and approving loans to customers in accordance with regulations, according to the State Bank of Vietnam’s request.
Timely action needed to cope with economic uncertainty
Many financial experts are now blaming rising interest rates by central banks across the world and the current geopolitical changes across the globe for the drastic plunge in liquidity in the stock market.
Vietnam must necessitate changes in economic model
Several countries are raising interest rates in an effort to curb inflation, even though higher interest rates can push economies into even deeper recession.
State Bank of Vietnam increases interest rates from October 25
The State Bank of Vietnam (SBV) yesterday just issued a decision on the adjustment of savings' interest rates from October 25, 2022. This is the second time the State Bank has raised the operating interest rate to stabilize the currency exchange rate in the face of fluctuations in the international market.
Current monetary policy quite suitable
Many people are concerned whether the country will face a tighter monetary policy and higher exchange and interest rates in the near future.
SBV raises operating interest rates
The maximum interest rate applied for demand deposits with terms of less than one month is 0.5 percent per annum, and the maximum interest rate for deposits with a term from one month to less than six months is 5 percent per annum.
Control on credit capital tightened
Bank credit increased robustly at 4.03 percent in the first quarter of 2022, 2.7 times higher than the same period last year. This is the highest growth rate in the past five years.