Category: Finance
NPL problem on back burner
The State Bank is sticking to its guns despite foreign investors’ frustration over a year-long delay of the application of new debt classification regulations. [...]
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Vietnam C.Bank Drafts Decision on Compulsory Contributed Capital & Stake Transfer in Ailing Lenders
The State Bank of Vietnam (SBV) has drafted a decision on compulsory capital contribution and stake purchase in credit institutions under special supervision and currently [...]
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5-6 Banks Yet to Close All Gold Accounts
Only five or six banks in Vietnam still have outstanding gold accounts to date, the local newswire Gafin.vn reported, quoting its private source from the State Bank of [...]
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Vietnam Central Bank Net Withdraws 108b dong via OMO on June 12
The State Bank of Vietnam (SBV) net withdrew VND108 billion through open market operations (OMO) on June 12, the local newswire NDHMoney.vn reported, citing data compiled by [...]
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Total Lending to Agriculture Grows 4pct by End April
Total outstanding loans to agriculture and rural areas rose 4 percent in Jan-April this year while lending to exporters and firms with hi-tech application increased by 5.74 [...]
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June 13: Vietnam Central Bank Keeps Dollar Exchange at VND20,828, Commercial Bank Rate Up
Vietnam’s Central bank set the US dollar’s exchange rate at VND20,828 on Thursday, unchanged since Dec, 2012. Commercial banks are allowed to apply effective [...]
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Vietnam Banks’ Gold Deposits Fall by 75pct in Jan-May: deputy PM
Outstanding gold deposits of credit institutions in Vietnam fell by 75 percent in the first five months of this year, according to a report by deputy prime minister Nguyen [...]
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Vietnam Central Bank to Auction 26,000 Gold Taels on June 13
The State Bank of Vietnam (SBV) will hold the 30th auction to sell 26,000 taels of gold bars tomorrow [June 13], according to information released by the central bank. The [...]
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Bond market expected to brisk in Q3
The strong decline of banks’ interest rates as well as government-backed bond yield is more or less promoting the demand to invest in corporate bond. According to a [...]
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Government to issue 15-year bonds
The State Treasury will issue VND1.5 trillion worth of 15-year government bonds on June 30 through an underwriter, the first issuance of this type of bond since 2006. This is [...]
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Vietnamese insurers deploy their troops overseas
The Foreign Investment Agency (FIA) has noted the growing tendency of Vietnamese businesses making outward investment when the domestic market has become narrower for them. [...]
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ANZ to reshape saving mindsets
Retail investment banking has yet to find a home in Vietnam. But with other investment channels like real estate, gold and stock markets are ailing, ANZ has a chance to [...]
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Vietnam three-year yield rises most in two years
Vietnam’s government bonds fell, sending the three-year yield to the highest level in more than two years, on speculation rising borrowing costs will crimp demand at an [...]
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NPLs continue to climb north
Vietnam’s bad debt ratio averaged 3.94 per cent per month in the first four months of 2013, according to statistics reported by credit institutions a dramatic slowing [...]
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The myriad of methods for banks to chase for debtors
Chasing for debtors is really a strained race that commercial banks have to use all of their mental power and material resources to obtain their goal. Under the current laws, [...]
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