Vietnam central bank likely to maintain monetary easing policy: Shinhan Bank
Vietnam’s central bank is likely to maintain a monetary easing policy in order to continue supporting economic growth, according to analysts with Shinhan Bank.
Banking - Wed, May 15, 2024 | 3:16 pm
Vietnam central bank eases conditions, sells 48% gold offered at sixth auction
Easier conditions helped Vietnam’s central bank sell 8,100 taels of gold Tuesday, 48.2% of the volume offered in the sixth auction since it resumed auctions last month after 11 years.
Finance - Tue, May 14, 2024 | 3:37 pm
Bank officials selected at random for assets verification
Fifty-eight bank officials in Vietnam have been selected from draws conducted by the State Bank of Vietnam (SBV) for verification of their declared assets and incomes.
Banking - Sun, May 12, 2024 | 9:14 pm
Vietnam central bank unlikely to raise interest rates: HSBC
The State Bank of Vietnam (SBV), the country’s central bank, is not expected to hike interest rates despite pressures from rising inflation and the dong devaluation, said HSBC researchers.
Banking - Fri, May 10, 2024 | 9:42 am
Gold bullion prices in Vietnam still head north, US dollar strengthens
Prices of SJC-branded gold bars have been revised up continuously on Thursday, reaching a record high in the early afternoon, while the U.S. dollar gained against the Vietnamese dong.
Finance - Thu, May 9, 2024 | 3:43 pm
Vietnam central bank sells $500-700 mln forex to cool dollar fever
Vietnam’s central bank is estimated to have sold foreign currency worth $500-700 million via spot transactions to help rein in the recent surge of the greenback.
Banking - Tue, May 7, 2024 | 4:24 pm
PM requests urgent action to prevent cross-ownership, manipulation of credit institutions
Prime Minister Pham Minh Chinh has ordered the Ministry of Public Security to coordinate with the State Bank of Vietnam (SBV) to take urgent action to prevent and deal with cross-ownership and manipulation at credit institutions, ensuring system safety and financial-monetary security.
Banking - Fri, May 3, 2024 | 2:46 pm
Vietnamese dong to slide further 1% by year-end: Bank of America
The Vietnamese dong, the local currency, is projected to weaken by an additional 1% by the year-end after sliding sharply against the U.S. dollar since the start of this year, according to Bank of America.
Banking - Sat, April 27, 2024 | 10:39 pm
Vietnam central bank to keep interest rate steady: deputy governor
The State Bank of Vietnam (SBV), the country’s central bank, will continue to keep policy interest rates unchanged at present and in the coming time, affirmed its deputy governor Dao Minh Tu.
Banking - Fri, April 26, 2024 | 9:11 pm
Sumitomo Mitsui-invested VPBank plans to merge with ailing lender
Hanoi-based VPBank, the biggest private lender by charter capital in Vietnam, will ask for shareholders’ approval to proceed with a plan to acquire a weak bank following a request by the State Bank of Vietnam (SBV).
Banking - Wed, April 24, 2024 | 11:18 am
Vietnam central bank to auction 16,800 taels of gold after 11-year hiatus
The State Bank of Vietnam (SBV), the country’s central bank, will auction 16,800 taels of SJC-branded gold bars next week for the first time in 11 years to help bring prices down in a country where the metal is highly favored as a safe haven asset.
Banking - Sat, April 20, 2024 | 10:32 am
Vietnam central bank ready to cool USD surge: Deputy Governor
The State Bank of Vietnam (SBV) stands ready to make needed interventions to curb the worrisome strengthening of the U.S. dollar against the local currency, a senior official has said.
Banking - Fri, April 19, 2024 | 4:01 pm
Vietnam to increase gold bar supply, narrow global-domestic price difference
The State Bank of Vietnam (SBV) will increase gold bullion supply in order to reduce the disparity between domestic and world prices as locals have rushed to trade the metal in recent weeks.
Finance - Fri, April 12, 2024 | 5:35 pm
Former State Bank of Vietnam inspection chief receives life sentence in Van Thinh Phat scandal
Do Thi Nhan, former head of the State Bank of Vietnam's inspection and supervision department, was sentenced to life imprisonment on Thursday for receiving bribes related to the Van Thinh Phat scandal.
Society - Thu, April 11, 2024 | 10:34 pm
- Editor’s Picks
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LG’s chemicals arm records modest 2023 profits in Vietnam
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Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
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SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
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Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
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AG&P LNG to start operating southern Vietnam LNG terminal in Sept
- Editor’s Picks
-
LG’s chemicals arm records modest 2023 profits in Vietnam
-
Firms with 500,000 kWh per month minimum consumption to become DPPA buyer: draft rule
-
SCG aims to fire up $5.4 bln Long Son Petrochemicals Complex in August
-
Thailand Kasikornbank’s Vietnam branch sees 2023 loss widen to $7.4 mln
-
AG&P LNG to start operating southern Vietnam LNG terminal in Sept
