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
Vietnam banks rush to raise chartered capital
Additional capital attraction should be encouraged, yet massive mobilization could very much hurt the banking industry in the current context, say experts.
09/07/2012
Bad debt still under control at 3%, says Vietcombank
The Bank for Foreign Trade of Vietnam (Vietcombank) announced on Tuesday that its bad debt is still under control at 3 per cent.
09/07/2012
Banks ordered to cut interest on old loans
State Bank of Viet Nam Governor Nguyen Van Binh has asked commercial banks to refinance outstanding loans at lower interest rates in a bid to help businesses facing difficulties.
09/07/2012
SBV requirements of inter-bank lending and depositing transactions
The State Bank of Vietnam (SBV) issued Document No.4080/NHNN-TD on July 5 to require credit institutions, foreign bank branches, and SBV provincial and municipal branches to implement several tasks related to inter-bank lending and depositing transactions.
09/07/2012
Vietnam to see more franchise deals in 2012, market boom from 2014
More and more international brands are seeking the way to penetrate the Vietnamese market through franchising contracts. Analysts believe that 2012 will be another bustling year for franchising deals.
18/06/2012
Cutting interest rates for capital restructuring
Interest rates for short-term deposits had remained high for a long time before being adjusted lower than those for medium- and long-term ones. Economists say the adjustments are appropriate as both inflation and interest rates are following a...
18/06/2012
Interest rates lower, exchange rate under harder pressure
The continued interest rate reductions are thought to put a hard pressure on the dong/dollar exchange rate. However, Economists do not think that the dong will depreciate sharply this year.
18/06/2012
Cbank pledges steady 9pct depositing rate until year-end
The State Bank of Vietnam has pledged to maintain a 9 percent depositing rate for one-year term deposits from now to the end of the year.
18/06/2012