State Bank of Vietnam

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

New foreign currency rules for Vietnamese

Dinh DuyBy Dinh Duy - The Saigon Times DailyA teller of Asia Commercial Bank counts foreign banknotes. The Government has issued a new decree on foreign currency management - Photo: Kinh LuanHCMC - The Government has issued a decree allowing Vietnamese ... [Publicerad Saigon Economic Times - 6 hours ago]
First reported 22 hours ago - Updated 22 hours ago - 1 reports

Hopes Pinned on Credit Growth

Credit growth climbed 3.52 percent in the first six months of 2014. This figure was a hot topic of discussion at a recent meeting reviewing monetary policy administration in the first half of 2014 and previewing works for the second half in Hanoi.Confusing ... [Publicerad Vietnam Business Forum - 22 hours ago]
First reported 23 hours ago - Updated 23 hours ago - 1 reports

Vietnam Central Bank Net Withdraws VND98 Bln on July 22

The State Bank of Vietnam (SBV) net withdrew VND98 billion on July 22, 2014, local newswire Tri Thuc Tre reported.In details, the SBV neither pumped nor withdrew any money through reverse repo transactions.As of July 22, there was no outstanding loan ... [Publicerad StoxPlus.com - 23 hours ago]
First reported Jul 23 2014 - Updated Jul 23 2014 - 1 reports

Experts optimistic about credit market

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, ... [Publicerad Vietnam Business News - Jul 23 2014]
First reported Jul 22 2014 - Updated Jul 22 2014 - 1 reports

Banks still concerned about lending to SMEs

Local credit institutions and foreign bank branches will remain cautious about lending to small and medium-sized enterprises (SMEs) in the third quarter of this year due to lingering risks, shows a recent survey conducted by the State Bank of Vietnam ... [Publicerad Vietnam Business News - Jul 22 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

ICT service market grows by 10%

Despite macroeconomic challenges, spending in Vietnam for IT services increased by 9.9% to US$446 million in 2013, according to the International Data Corporation (IDC).As an emerging market, Vietnam’s investments in infrastructure have been growing ... [Publicerad Business Times Vietnam - Jul 21 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 2 reports

Exchange rate hike pays modest gains

Businesses say the appreciation of the US dollar by the State Bank of Vietnam (SBV) in June has positively affected their businesses, although the benefits remain modest... ... [Publicerad People's Army Newspaper Online - Jul 21 2014]
First reported Jul 21 2014 - Updated Jul 21 2014 - 1 reports

Vietnam Central Bank Net Injects VND2.521 Tln on July 18

The State Bank of Vietnam (SBV) net injected VND2.521 trillion on July 18, 2014, local newswire NDH reported citing data from SSI Research.In details, the SBV neither pumped nor withdrew any money through open market operation (OMO).As of July 18, there ... [Publicerad StoxPlus.com - Jul 21 2014]
First reported Jul 17 2014 - Updated Jul 18 2014 - 3 reports

XINHUA - Vietnam, World Bank ink 876 mln USD pacts

Vietnam, World Bank ink 876 mln USD pactsContributed by NAMPA / Xinhua.HANOI, July 17 (Xinhua) -- Vietnam and the World Bank (WB) inked agreements for five WB-financed programs and projects, worth 876 million U.S. dollars in Vietnam's capital Hanoi on ... [Publicerad Namibia Press Agency - Jul 17 2014]
First reported Jul 17 2014 - Updated Jul 17 2014 - 2 reports

Dong appreciates despite devaluation by State Bank

The dollar price has been falling for one week, despite the State Bank of Vietnam’s move to devaluate the dong by one percent one month ago. The dollar price quoted by Vietnamese commercial banks on July 14 was even lower than before the dong/dollar ... [Publicerad Vietnam Business News - Jul 17 2014]
First reported Jul 17 2014 - Updated Jul 17 2014 - 2 reports

SBV announces dollar price hike

The State Bank of Vietnam has announced that it has started buying the US dollar for an additional 100 VND as of July 16... ... [Publicerad People's Army Newspaper Online - Jul 17 2014]
First reported Jul 17 2014 - Updated Jul 17 2014 - 2 reports

Many commercial banks plan listings next year

Hong PhucBy Hong Phuc - The Saigon Times DailyHCMC - Many commercial banks in Vietnam have plans to list their shares on the local stock exchange next year, said Tran Anh Dao, executive vice president of the HCMC Stock Exchange (HOSE).More than 20 commercial ... [Publicerad Saigon Economic Times - Jul 17 2014]

Quotes

"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."
Meanwhile, experts suggested that the government needs to improve macro-policies while they are being carried out. NA deputy Tran Du Lich said, "The problem is how to help enterprises. Government needs to give more support while enterprises must reform and improve their competitiveness."

More Content

All (309) | News (175) | Reports (0) | Blogs (132) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
sort by: Date | Relevance
New foreign currency rules for Vietnamese [Publicerad Saigon Economic Times - 6 hours ago]
Hopes Pinned on Credit Growth [Publicerad Vietnam Business Forum - 22 hours ago]
Vietnam Central Bank Net Withdraws VND98 Bln on... [Publicerad StoxPlus.com - 23 hours ago]
Experts optimistic about credit market [Publicerad Vietnam Business News - Jul 23 2014]
Banks still concerned about lending to SMEs [Publicerad Vietnam Business News - Jul 22 2014]
Banks still concerned about lending to SMEs [Publicerad Saigon Economic Times - Jul 21 2014]
ICT service market grows by 10% [Publicerad Business Times Vietnam - Jul 21 2014]
Exchange rate hike pays modest gains [Publicerad People's Army Newspaper Online - Jul 21 2014]
Exchange Rate Risks Challenge Japan Investors i... [Publicerad StoxPlus.com - Jul 21 2014]
Total Assets of Credit Institutions Rose 1.33% ... [Publicerad StoxPlus.com - Jul 21 2014]
Total Assets of Credit Institutions Rose 1.33% ... [Publicerad Vietnam Business News - Jul 21 2014]
Exchange rate hike pays modest gains [Publicerad VietnamPlus - Jul 21 2014]
Foreign Currency Credit Growth Rate: Too Rapid ... [Publicerad Vietnam Business Forum - Jul 21 2014]
Vietnam Central Bank Net Injects VND2.521 Tln o... [Publicerad StoxPlus.com - Jul 21 2014]
Cbank buys greenback to anchor Vietnam... [Publicerad Tuoitrenews.vn - Jul 20 2014]
Japan,Vietnam : VIETNAM signs deals with WB for... [Publicerad Street Sweeper - Jul 19 2014]
Businesses die, capital flow stagnates as banks... [Publicerad VietNamNet Bridge - Jul 19 2014]
WB makes huge loans to fuel Vietnam growth [Publicerad Saigon Economic Times - Jul 18 2014]
Vietnam’s 2th largest bank divests... [Publicerad Tuoitrenews.vn - Jul 18 2014]
World Bank to grant Vietnam $3.8bn soft... [Publicerad Tuoitrenews.vn - Jul 18 2014]
Experts optimistic about credit market [Publicerad VietnamPlus - Jul 18 2014]
Vietnam Airlines launched Da Nang – Narita route [Publicerad Dang Cong San - Jul 18 2014]
Vietnam Central Bank Net Injects VND1.331 Tln o... [Publicerad StoxPlus.com - Jul 18 2014]
XINHUA - Vietnam, World Bank ink 876 mln USD pacts [Publicerad Namibia Press Agency - Jul 17 2014]
Dong appreciates despite devaluation by State Bank [Publicerad Vietnam Business News - Jul 17 2014]
Vietnam Central Bank Buys More Than USD60 Mln o... [Publicerad Vietnam Business News - Jul 17 2014]
National Australia Bank Limited Approved to Ope... [Publicerad Vietnam Business News - Jul 17 2014]
WB provides soft loans for five projects in Vie... [Publicerad VietnamPlus - Jul 17 2014]
SBV announces dollar price hike [Publicerad People's Army Newspaper Online - Jul 17 2014]
Many commercial banks plan listings next year [Publicerad Saigon Economic Times - Jul 17 2014]
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sort by: Date | Relevance
Experts optimistic about credit market [Publicerad 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, ...
Banks still concerned about lending to SMEs [Publicerad Vietnam Business News - Jul 22 2014]
Local credit institutions and foreign bank branches will remain cautious about lending to small and medium-sized enterprises (SMEs) in the third quarter of this year due to lingering risks, shows a recent survey conducted by the State Bank of Vietnam ...
Total Assets of Credit Institutions Rose 1.33% ... [Publicerad Vietnam Business News - Jul 21 2014]
The State Bank of Vietnam (SBV) has announced the basic criteria of the credit institution system as of May 31, 2014, local newswire Tri Thuc Tre reported. Accordingly, total assets of credit institutions by the end of May reached nearly VND5,830 trillion, ...
Dong appreciates despite devaluation by State Bank [Publicerad Vietnam Business News - Jul 17 2014]
The dollar price has been falling for one week, despite the State Bank of Vietnam’s move to devaluate the dong by one percent one month ago. The dollar price quoted by Vietnamese commercial banks on July 14 was even lower than before the dong/dollar ...
Vietnam Central Bank Buys More Than USD60 Mln o... [Publicerad Vietnam Business News - Jul 17 2014]
The State Bank of Vietnam (SBV) bought in more than USD60 million on the same day its Operations Center raised USD bid price from VND21,100 to VND21,200, local newswire VnEconomy reported. On July 15, 2014, the SBV’s Operations Center suddenly raised ...
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