Finance

SBV makes significant net withdrawal to stabilise exchange rate

Analysis shows it's an intervention to manage system liquidity.

Majority of credit institutions expect profit growth in 2025

According to an SBV survey, In 2025, 85.1 per cent of credit institutions expect their pre-tax profits to grow positively compared to 2024.

​Vietnam’s 4 major state-run banks report record $5bn profit in 2024

Four major state-run Vietnamese banks -- Vietcombank, BIDV, Agribank, and VietinBank -- achieved a combined pre-tax profit of nearly US$5 billion in...

State budget revenues rise compared to previous year

Vietnam’s state budget landscape in 2024 witnessed a major surplus, fuelled by an increase in revenues from many sources.

Banks launch promotions to hail Year of the Snake

Banks in Vietnam are trying to attract customers with a variety of promotions at the start of the year.

Bank credit pours into the economy reaching $611 billion

Announcing performance results of the banking industry in Hà Nội,  the deputy governor of the SBV said monetary policy in 2024 was reasonable...

Remittances to Ho Chi Minh City top $9.6 billion in 2024

Remittances to Ho Chi Minh City reached a record $9.6 billion in 2024, up $140 million from the previous year.

Banking sector seeks to build on last year’s strong growth

2024 marked a successful year for the banking system, with achievements in monetary policy and credit institution performance, setting the stage for...

Credit growth confronts new pressure

Credit activities are projected to achieve 16 per cent growth in 2025, though it will be a challenge due to inflation pressures and the sluggish...

Rate policies to be managed strategically

Significant adjustments in exchange rates are expected in 2025 to maintain macroeconomic balance, with volatility due to the unconventional economic...





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