State Bank of Vietnam

Type: Organization
Name: State Bank of Vietnam
First reported 1 hour ago - Updated 1 hour ago - 1 reports

Moody”s sees improved outlook at six banks

Moody’s has placed six Vietnamese banks on positive outlook, the credit rating agency announced on its website on Monday.It upgraded the ratings of the Vietnam International Bank (VIB) by one notch to B2, while affirming the ratings of five other banks ... [Published Business Times Vietnam - 1 hour ago]
First reported 11 hours ago - Updated 11 hours ago - 1 reports

Market rebounds but liquidity slumps

Kim NganBy Kim Ngan - The Saigon Times DailyHCMC – Liquidity of the local stock market tumbled on October 20 though the VN-Index bounced back after six losing sessions.Trading volume on HCMC and Hanoi markets declined nearly 37% and 30.5% respectively ... [Published Saigon Economic Times - 11 hours ago]
First reported 12 hours ago - Updated 12 hours ago - 1 reports

HSBC projects robust export growth for VN

Dinh DuyBy Dinh Duy - The Saigon Times DailyHCMC – HSBC Bank predicted that Vietnam’s export sector would achieve a strong rise of 15.9% this year, which is believed to give a much-needed boost to the country’s development.In its Asia Economic quarterly ... [Published Saigon Economic Times - 12 hours ago]
First reported 21 hours ago - Updated 21 hours ago - 1 reports

Public debt rising fast, macro-economy stabilizing: PM

Vietnam’s debt is rising rapidly, and the country has to set aside more money from its national state budget for debt repayment, said Vietnam’s Prime Minister in a recent meeting of the National Assembly (NA) that aired on Monday .Accordingly, the current ... [Published Tuoitrenews.vn - 21 hours ago]
First reported Oct 21 2014 - Updated Oct 21 2014 - 1 reports

Techcombank appointed to support Metro No.2 project

On October 13 the governor of the State Bank of Vietnam (SBV) issued Decision No. 2054/QD-SB on appointing Techcombank to support the Sustainable Urban Transport project, namely Metro No. 2, sponsored by the Asian Development Bank (ADB).In the decision ... [Published Vietnamese Investment Review - Oct 21 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

Domestic gold prices surge

The Saigon Times DailyHCMC – Gold prices on the domestic market soared on October 16 in line with higher prices of the yellow metal on global markets.Saigon Jewelry Holding Company (SJC) quoted its gold price at VND35.88 million per tael on October 16, ... [Published Saigon Economic Times - Oct 17 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

Stronger credit growth seen in Q4

Dinh DuyBy Dinh Duy - The Saigon Times DailyA customer (L) transacts with Vietnam International Bank. ANZ Bank expects Vietnam’s credit growth rate to accelerate in the fourth quarter - PHOTO: KINH LUANHCMC – ANZ Bank in a recent macro-economic report ... [Published Saigon Economic Times - Oct 17 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

Importance Attached to Financial Stability and Macro Safety

"Macroprudential and financial stability policy" is the topic of a conference hosted by the State Bank of Vietnam (SBV) and the Asian Development Bank (ADB) in Hanoi. This was part of an ADB-funded technical assistance project called "Strengthening financial ... [Published Vietnam Business Forum - Oct 17 2014]
First reported Oct 09 2014 - Updated Oct 10 2014 - 2 reports

Draft law requires banks to offer consumer credit via finance companies

Commercial banks will be forced to stop providing consumer loans if they don’t have finance companies of their own, under a draft document being compiled by the State Bank of Vietnam. The draft has attracted special attention from bankers as most of ... [Published Vietnam Business News - Oct 10 2014]
First reported Oct 06 2014 - Updated Oct 07 2014 - 3 reports

Central bank quashes rumour of exchange rate adjustment

NDO - The State Bank of Vietnam (SBV) has no plan to raise the US dollar - Vietnamese dong exchange rate, Deputy Governor Nguyen Thi Hong told the media on October 6.Hong said the central bank would keep the reference rate on hold at VND21,246 per US ... [Published StoxPlus.com - Oct 07 2014]
First reported Sep 29 2014 - Updated Sep 30 2014 - 2 reports

Bad debts debated at central bank governor’s Q&A session

Hanoi, September 30 (VNA) - Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh on September 29 attended a Q&A session at the ongoing 31st meeting of the National Assembly Standing Committee, during which he focused on clarifying issues relating ... [Published Organization of Asia-Pacific News Agencies - Sep 30 2014]
First reported Sep 26 2014 - Updated Sep 26 2014 - 2 reports

State Bank vows to support fishermen

The State Bank of Vietnam (SBV) will carry out measures to help fishermen access loans and feel financially secure during their time at sea... ... [Published People's Army Newspaper Online - Sep 26 2014]

Quotes

"The inappropriate construction of hydropower plants, over-exploitation of mineral resources and inordinate use of water from riverhead areas have changed the ecological balance and created a negative environmental impact on the population and habitat of fish and aquatic species" he added
"Additionally, some Vietnamese banks have also improved their governance standards and lowered their risk appetites, thereby improving their credit underwriting standards" added Tarzimanov
According to a release from Moody's Investors Service, in its just-released report titled "Stabilizing Trend for the Macro Environment Will Help Vietnamese Banks Address Problems in Asset Quality" Moody's provides a detailed analysis of the key drivers behind the recent positive rating actions on Vietnamese banks
"As deposit growth outpaced loan growth, the system's loans to deposits ratio improved to 82% in June 2014, from 87% in June 2013" Moody's said

More Content

All (158) | News (103) | Reports (0) | Blogs (53) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
sort by: Date | Relevance
Moody”s sees improved outlook at six banks [Published Business Times Vietnam - 1 hour ago]
Market rebounds but liquidity slumps [Published Saigon Economic Times - 11 hours ago]
HSBC projects robust export growth for VN [Published Saigon Economic Times - 12 hours ago]
Public debt rising fast, macro-economy stabiliz... [Published Tuoitrenews.vn - 21 hours ago]
Social News 21/10 [Published VietNamNet Bridge - 23 hours ago]
Techcombank appointed to support Metro No.2 pro... [Published Vietnamese Investment Review - Oct 21 2014]
Stronger credit growth seen in Q4 [Published Saigon Economic Times - Oct 17 2014]
Domestic gold prices surge [Published Saigon Economic Times - Oct 17 2014]
Importance Attached to Financial Stability and ... [Published Vietnam Business Forum - Oct 17 2014]
ADB huge source of aid [Published Saigon Economic Times - Oct 14 2014]
Credit quality of Vietnamese banks has improved... [Published VietnamPlus - Oct 14 2014]
Monthly Investor Report [Published TrustNet - Oct 13 2014]
Vietnamese banks' credit quality rides improved... [Published Asian Banking and Finance - Oct 13 2014]
33 branches may be weeded out of list of condit... [Published VietNamNet Bridge - Oct 12 2014]
Government proposes using state money to settle... [Published VietNamNet Bridge - Oct 10 2014]
Hanoi a major metropolitan area of the region [Published VOVNews - Oct 10 2014]
Draft law requires banks to offer consumer cred... [Published Vietnam Business News - Oct 10 2014]
Vietnam: Banks' Asset Quality to Improve on Sta... [Published International Business Times UK - Oct 09 2014]
Draft law requires banks to offer consumer cred... [Published VietNamNet Bridge - Oct 09 2014]
Vietnam vows to support Laos’ socio-economic de... [Published VietnamPlus - Oct 07 2014]
Government proposes using state budget to settl... [Published StoxPlus.com - Oct 07 2014]
Central bank quashes rumour of exchange rate ad... [Published StoxPlus.com - Oct 07 2014]
Capital injection needed to cut loan interest r... [Published VietnamPlus - Oct 07 2014]
HCMC asks for loan agreement extension [Published Saigon Economic Times - Oct 06 2014]
SBV upholds inter-bank average exchange rate [Published People's Army Newspaper Online - Oct 06 2014]
SBV upholds inter-bank average exchange rate [Published VietnamPlus - Oct 06 2014]
Young entrepreneurs urge State Bank to loosen m... [Published Business Times Vietnam - Oct 06 2014]
Young entrepreneurs urge State Bank to loosen m... [Published Vietnam Business News - Oct 06 2014]
State Bank leader eases banking sector concerns [Published Vietnamese Investment Review - Oct 06 2014]
HCM City credit grows 6 percent [Published VietnamPlus - Oct 05 2014]
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sort by: Date | Relevance
Draft law requires banks to offer consumer cred... [Published Vietnam Business News - Oct 10 2014]
Commercial banks will be forced to stop providing consumer loans if they don’t have finance companies of their own, under a draft document being compiled by the State Bank of Vietnam. The draft has attracted special attention from bankers as most of ...
Young entrepreneurs urge State Bank to loosen m... [Published Vietnam Business News - Oct 06 2014]
Young entrepreneurs have asked the State Bank of Viet Nam (SBV) to consider loosening monetary policy to inject more capital into the market and stimulate economic growth. Workers select dragonfruits for export at Hoang Hau Dragon Fruit Farm Co,Ltd in ...
SBV governor puts bad debt at VND500 trillion [Published Vietnam Business News - Oct 04 2014]
Governor of the State Bank of Vietnam (SBV) Nguyen Van Binh, speaking at a question-and-answer session of the National Assembly (NA) Standing Committee in Hanoi on September 29, put bad debt in the banking system at VND500 trillion. Binh made no mention ...
State banks told to buy back state-owned instit... [Published Vietnam Business News - Oct 02 2014]
The Prime Minister’s Decision No 51 issued on September 15 requires the State Bank of Vietnam (SBV), or state-owned commercial banks appointed by SBV, to buy back capital contributed by state-owned institutions to credit institutions, if the capital ...
Licenses of two foreign banks revoked [Published Vietnam Business News - Oct 02 2014]
The central bank has withdrawn the licenses of two foreign banks, Laos-Vietnam Joint Venture Bank and Credit Agricole Bank, according to a State Bank of Vietnam’s (SBV) report to the National Assembly Standing Committee. The SBV has also closed branches ...
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