Finance

SBV charts roadmap towards market-based credit control

Vietnam is preparing to eliminate administrative credit growth quotas, aiming for a market-based approach by 2026 to better manage inflation, support...

Small banks forecast to lead growth in H2 2025

Analysts believe that private banks will benefit from policies to encourage the private economy and improve asset quality.

Bank credit growth hits two-year high in first half of year

The 9.9 per cent first-half credit growth was announced at the press conference to review the performance of the banking industry in H1 2025 and...

PM asks for enhanced efficiency in managing monetary, fiscal policies

The Prime Minister directed the State Bank of Vietnam to work with relevant agencies to monitor global and domestic economic trends and manage...

Policy tools in play as exchange rate rises

As the VND hits record lows against the USD, Vietnam’s central bank is stepping up liquidity management and signalling readiness for stronger...

Interest rates on downward trajectory

Persistently low volumes in collateralised open market operations lending, and the central bank’s steady net withdrawals, have underscored a surplus...

Banks end magnetic cards, require biometrics for firms from July 1

From July 1, banks across Việt Nam stopped using magnetic stripe cards and now require biometrics for company accounts to prevent fraud and improve...

Platforms to help online sellers pay taxes from July 1

Economic experts described this as a major shift in tax administration aimed at enhancing the efficiency of tax collection from the fast-growing...

Amended Law on Credit Institution is positive for banks, say analysts

The National Assembly last Friday approved revisions to the 2024 Credit Institution Law, significantly strengthening banks’ ability to recover bad...

Central bank resumes issuing bills after four months of suspension

Four commercial banks won the SBV’s bid for VNĐ3.1 trillion worth of bills with a term of seven days and an interest rate of 3.5 per cent per year.





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