Trang Chủ
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
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Banks urge Gov't to establish State debt trading company
Leaders in the banking industry are calling for the establishment of a debt trading company with the capacity to buy up about VND100 trillion (US$4.8 billion) worth of bad debt, although questions remain about how it will be organized.
18/06/2012
Interest rates to be kept relatively stable
The State Bank of Vietnam will hold interest rates "relatively stable" during the remainder of the year, says the director of the central bank's monetary policy department, Nguyen Thi Hong, calling significant recent cuts in interest rates a...
18/06/2012
World Bank rolls out new country strategy
The World Bank in Vietnam announced the official launch of the Country Partnership Strategy (CPS) 2012-2016, which puts less focus on financial flows and more focus on how the bank can assist the country to capitalize on new ideas and manage its own resources better.
14/06/2012
Vietnam Central Bank to Set up a Company to Trade Bank Bad Debts
The State Bank of Vietnam (SBV) said it sought to set up a company specializing in trading bad debts of banks; a move aims to clean up banks' balance sheets and promote lending to the economy, the local online newspaper VnEconomy.vn reported.
06/06/2012
Vietnam may cut dong deposit ceiling to 9 pct-newspaper
Vietnam's central bank may cut the ceiling rate on dong deposits by another 2 percentage points to 9 percent later this year to help boost lending and spur economic growth, a state-run newspaper said on Friday, as lingering across Asia eye fresh stimulus to fight the global downturn.
06/06/2012
M&A in banking sector: pros and cons
Merger and Acquisition (M&A) deals in the banking sector are cheap at present, but if the risks are not effectively managed, they could become expensive because merged banks may remain weak.
06/06/2012
Vietcombank offers preferential rates to overcome difficulties
Vietcombank has been providing US$95.2 million in loans with a preferential interest rate to individuals and households from May 21 to September 21 to overcome difficulties in the context of the economic downturn.
06/06/2012
Fitch positive on Lloyd's expansion into emerging markets
The Lloyd's insurance market has planned expansion into emerging markets is a net positive, even though writing insurance outside established markets carries additional risks, Fitch Ratings reports.
25/05/2012
