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's foreign reserves up by $10 bln: PM Dung
Vietnam’s exchange foreign reserves increased by US$10 billion in the first six months from $9 billion at the end of last year, Prime Minister Nguyen Tan Dung said Wednesday.
09/07/2012
Vietnam’s central bank to take ‘drastic’ measures against bad debts
The government has ordered the central bank to take drastic measures to deal with bad debts and make credit more accessible to businesses in order to boost economic growth.
09/07/2012
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