Strengthening the role of deposit insurers in protecting financial consumers
Financial consumer protection is one of the important tools to increase people's access to finance, and at the same time to ensure the legitimate interests of financial consumers as well as...
26/11/2021
Banks promoting growth by boosting individual credit
In order to promote credit growth, commercial banks have recently reduced interest rates for individual customers.
08/11/2012
Bank scandal flattens market
Shares failed to rally on the nation's stock exchanges on Nov. 6, with leading indices closing essentially unchanged as investors remained uncertain about the circumstances surrounding last week's resignation by former Sacombank chairman Dang Van Thanh.
08/11/2012
Controlling credit remains a priority
Tran Van Tan, head of credit office at the State Bank’s Credit Department, talks with VIR’s Trinh Trang about the banking system’s credit growth in 2013 amid the troubling high volume of non-performing loans.
08/11/2012
Resolution of failed institutions
It is timely and effective resolution of failed institutions that represents a remarkable attribute to ensure the stability and safety of the banking system. Honohan and Klingebiel (2003) estimate the average fiscal cost of banking crisis resolution at 13% of GDP.
07/11/2012
Vietnam's public debt under control
Vietnam’s 2011 public debt fell 1.9 percent over 2010 to 55.4 percent of the country’s gross domestic product (GDP), according to a Government report.
07/11/2012
Management of domestic gold market achieves positive results
Governor Nguyen Van Binh of the State Bank of Vietnam (SBV) has said that in response to the Prime Minister’s instruction, the SBV has formulated a plan on management of the domestic gold market with two main objectives: (i) Mitigate the impact of...
06/11/2012
Credit market cools in year-end season
The banks’ doors have been opened widely to welcome businesses in the year end production season. However, businesses do not intend to get in.
05/11/2012
Bank chief plays down gold monopoly fear
State Bank Governor Nguyen Van Binh took responsibility in front of the National Assembly for misinformation and confusion on the gold market about the monopoly for producing gold bars allegedly granted by the State Bank to Sai Gon Jewelry Co (SJC).
05/11/2012