State Bank of Vietnam

Type: Organization
Name: State Bank of Vietnam
First reported 6 hours ago - Updated 5 hours ago - 1 reports

Southeast Asian central banks charting divergent courses

MANILA/BANGKOK -- Southeast Asian countries with stronger economies, such as the Philippines and Malaysia, are moving to raise interests rates, even as central bankers in nearby Thailand and Vietnam are prompted by domestic and geopolitical woes to keep ... [Published Nikkei Asian Review - 6 hours ago]
First reported 9 hours ago - Updated 8 hours ago - 1 reports

Bank reassures depositors after senior execs arrests

Vietnam Construction Bank (VNCB) has reassured its clients that their deposits are guaranteed as the bank’s liquidity remains stable after its chairman and general director were detained by police.A source from the bank said with support from the State ... [Published Business Times Vietnam - 9 hours ago]
First reported 11 hours ago - Updated 11 hours ago - 1 reports

Government moves to protect people’s life

Minister and Chairman of the Government Office Nguyen Van Nen hosted a post-government regular meeting press conference in Hanoi on July 31 in the presence of ministry and sector officials.When asked about the fighting in Libya and measures to protect ... [Published VietnamPlus - 11 hours ago]
First reported 20 hours ago - Updated 14 hours ago - 1 reports

Solutions proposed to develop supporting industries

Supporting industries are the backbone of the country's industry, according to Truong Thanh Hoai, Deputy Director of the Heavy Industry Department of the Ministry of Industry and Trade.Further, supporting industries play a key role in raising the competitiveness ... [Published VietnamPlus - 20 hours ago]
First reported 16 hours ago - Updated 16 hours ago - 1 reports

Hanoi: Mobilized Capital Grows More Than 6% in 6 Months

According to the State Bank of Vietnam (SBV) – Hanoi branch, by the end of June, total mobilized capital of credit institutions in the area reached nearly VND1,110 trillion, up more than 6% from the end of 2013, local newswire DVO reported.In the total ... [Published StoxPlus.com - 16 hours ago]
First reported 19 hours ago - Updated 19 hours ago - 1 reports

HCMC: Remittances Reachs USD2.42 Bln in 7 Months

In the first 7 months of 2014, overseas remittances to Ho Chi Minh City (HCMC) reached USD 2.42 billion, local newswire Tri Thuc Tre reported.According to Nguyen Hoang Minh, deputy director of the State Bank of Vietnam – HCMC branch, in July 2014, overseas ... [Published StoxPlus.com - 19 hours ago]
First reported 22 hours ago - Updated 22 hours ago - 1 reports

Banking experts advocate M&A drive

Cross ownership and excessive ownership has put banks into deep hardship and M&A seems to be the only way out.According to the State Bank of Vietnam (SBV), small-scale, weak banks will be merged in the near future to reduce the total number of banks in ... [Published Vietnamese Investment Review - 22 hours ago]
First reported 23 hours ago - Updated 23 hours ago - 1 reports

Breakfast @ Tuoi Tre News – July 31

Politics-- Vietnam and France have agreed on a number of measures to boost their strategic partnership, according to what was discussed in a telephone talk on Wednesday between Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh and French ... [Published Tuoitrenews.vn - 23 hours ago]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

SBV urges banks to boost lending

The Saigon Times DailyHCMC – The State Bank of Vietnam (SBV) has told local banks, foreign bank branches and rating agencies to improve their capacity of assessing creditworthiness so as to boost loans without collateral.In Document No. 5342 recently ... [Published Saigon Economic Times - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Personnel appointed for Steering Committee for Price Regulation

Deputy Prime Minister Vu Van Ninh who is head of the Steering Committee for Price Regulation, has appointed Finance Minister Dinh Tien Dung as deputy head of the committee.Nine members of the committee were also named under Decision 52/QD-BCDDHG freshly ... [Published VietnamPlus - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

Portfolio investment

Did you know? New framework for indirect investment activities in Vietnam!On 12 March 2014, the State Bank of Vietnam issued Circular No. 05/2014/TT-NHNN guiding the opening and use of foreign portfolio investment (FPI) accounts for indirect investment ... [Published Lexology - Jul 30 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 2 reports

MB Approved to Open 5 Branches

The State Bank of Vietnam (SBV) on July 24, 2014 issued a series of documents approving the proposal on establishment of 5 more branches of Military Commercial Joint Stock Bank (MB). Accordingly, SBV allows MB to open 3 branches in Ha Nam, Nam Dinh, ... [Published Vietnam Business News - Jul 28 2014]

Quotes

8. The affidavit of Gillian Elizabeth Bird affirmed on 12 June 2014 be sealed in an envelope marked "Not to be opened without an order of the Court" , and not be opened without order of the Court
"The banking sector is sharing its difficulties with us," said Bac Viet Steel Company director Tran Anh Vuong. "The recent adjustment in the exchange rate followed a road map and was transparent, and it is supporting enterprises very well."
"The supply of foreign currency is so plentiful that banks continuously cut the dollar price" insiders said. Meanwhile, the dollar price in the free market has also kept plunging
"This joint venture bank has been profitable in the past 22 years, and BIDV has collected its entire capital contribution to the joint venture. By now, it can be said that the stake transfer is quite profitable to us,” Ha said, adding that the money transfer is used to increase the financial capacity of BIDV."

More Content

All (305) | News (167) | Reports (0) | Blogs (136) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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Regulations on online currency transactions needed [Published VietNamNet Bridge - 36 mins ago]
Southeast Asian central banks charting divergen... [Published Nikkei Asian Review - 6 hours ago]
Bank reassures depositors after senior execs ar... [Published Business Times Vietnam - 9 hours ago]
Government moves to protect people’s life [Published VietnamPlus - 11 hours ago]
Hanoi: Mobilized Capital Grows More Than 6% in ... [Published StoxPlus.com - 16 hours ago]
HCMC: Remittances Reachs USD2.42 Bln in 7 Months [Published StoxPlus.com - 19 hours ago]
Solutions proposed to develop supporting indust... [Published VietnamPlus - 20 hours ago]
Banking experts advocate M&A drive [Published Vietnamese Investment Review - 22 hours ago]
Breakfast @ Tuoi Tre News – July 31 [Published Tuoitrenews.vn - 23 hours ago]
Three VNCB senior executives detained [Published Saigon Economic Times - Jul 31 2014]
SBV urges banks to boost lending [Published Saigon Economic Times - Jul 30 2014]
Australia - WikiLeaks reveals sweeping Australi... [Published Reporters Without Borders - Jul 30 2014]
Construction Bank’s new chairperson, CEO elected [Published Tuoitrenews.vn - Jul 30 2014]
Personnel appointed for Steering Committee for ... [Published VietnamPlus - Jul 30 2014]
Portfolio investment [Published Lexology - Jul 30 2014]
Vietnam police arrest leaders of large... [Published Tuoitrenews.vn - Jul 30 2014]
VNCB Appoints New Chairwoman and General Director [Published StoxPlus.com - Jul 30 2014]
Vietnam Airlines offers Golden Autumn 2014 program [Published Dang Cong San - Jul 29 2014]
Better Capital Access for Enterprises [Published Vietnam Business Forum - Jul 29 2014]
Vietnamese encouraged to use internet banking s... [Published VietnamPlus - Jul 29 2014]
KPMG addresses SBV seminar on FATCA implementation [Published Vietnamese Investment Review - Jul 29 2014]
Moody's upgrades Vietnam to B1; outlook stable [Published Sharenet - Jul 29 2014]
Moody's Raises Vietnam Credit Ratings; Outlook ... [Published 4 Traders - Jul 29 2014]
VN asked to stabilize exchange rate to minimize... [Published VietNamNet Bridge - Jul 29 2014]
Fears rise as credit flow slows to a trickle [Published Vietnamese Investment Review - Jul 29 2014]
Banks should not be put under pressure to hike ... [Published Business Times Vietnam - Jul 28 2014]
SBV Asks Banks to Increase Possibility for Unse... [Published Vietnam Business News - Jul 28 2014]
MB Approved to Open 5 Branches [Published Vietnam Business News - Jul 28 2014]
Bac A Bank Approved to Open 4 Branches [Published Vietnam Business News - Jul 28 2014]
SBV Asks Banks to Increase Possibility for Unse... [Published StoxPlus.com - Jul 28 2014]
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SBV Asks Banks to Increase Possibility for Unse... [Published Vietnam Business News - Jul 28 2014]
The State Bank of Vietnam (SBV) on July 24, 2014 had official document asking credit institutions to implement Directive 11/CT-TTg dated May 21, 2014 of the Prime Minister to resolve difficulties and promote business development of enterprises.  Accordingly, ...
MB Approved to Open 5 Branches [Published Vietnam Business News - Jul 28 2014]
The State Bank of Vietnam (SBV) on July 24, 2014 issued a series of documents approving the proposal on establishment of 5 more branches of Military Commercial Joint Stock Bank (MB). Accordingly, SBV allows MB to open 3 branches in Ha Nam, Nam Dinh, ...
Bac A Bank Approved to Open 4 Branches [Published Vietnam Business News - Jul 28 2014]
The State Bank of Vietnam (SBV) on July 24, 2014 issued a series of documents approving the proposal on establishment of 4 more branches of North Asia Commercial Joint-Stock Bank (Bac A Bank). Accordingly, SBV allows Bac A Bank to open 2 branches in ...
Concerns mount over low credit growth [Published Vietnam Business News - Jul 28 2014]
Many commercial banks are raising concerns that cheap money has not led to the growth-igniting investment spree the monetary policy was designed to encourage. Credit growth remained sluggish in the first half of the year at 3.52% and commercial banks ...
Experts optimistic about credit market [Published Vietnam Business News - Jul 23 2014]
Experts have shown optimism despite the slow credit growth over the past six months, which had raised concerns over the banking system’s ability to reach the year’s target of 12-14 percent growth. According to statistics from the State Bank of Vietnam, ...
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