Category: Finance
Credit growth for real estate reasonable
Amidst difficulties of general credit growth in the first three months of this year, credit for real estate still maintained a reasonable growth, Nguyen Viet Manh, head of [...]
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Foreign and joint venture banks in Vietnam overcome hardships
Currently, there are five joint venture banks, five foreign owned banks and 54 foreign banking branches licensed to operate in Vietnam. The branches and representative [...]
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Loans sought for coffee, pepper farmers
Coffee and pepper farmers should be given loans to stockpile their products instead of selling them on the cheap, said the Vietnam Coffee and Cocoa Association (Vicofa) and [...]
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Small banks look to make bigger waves
Small banks are weighing up whether to hike their chartered capital to foster strength. But, whether their plans are feasible in the current context of market vulnerabilities [...]
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Justice Ministry rules on exclusive gold bar production
The Ministry of Justice has replied to inquiries from National Assembly deputies, clarifying the position on the State monopoly of gold bar production. Deputy Tran Thi Quoc [...]
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Vietnam Cuts Interest Rates as Global Monetary Easing Spreads
Vietnam said it would cut interest rates to boost economic growth, joining nations from Sri Lanka to Australia in easing monetary policy. The State Bank of Vietnam will cut [...]
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Coming soon to Poland – Vietnamese banking
Monoethnic and monocultural Poland is becoming a more interesting place as it becomes wealthier, with the latest sign of its growing international attraction being the plans [...]
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BIDV to arrange loans for CIENCO 4
Bank for Investment and Development of Vietnam (BIDV) and Civil Engineering Construction Corporation No. 4 (CIENCO 4) on Wednesday cut a deal on business cooperation in the [...]
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Bank merger talks continue
A possible merger between HCM City Development Bank and DaiABank revealed two weeks ago was ignored at DaiABank’s annual shareholder meeting on May 10. Only 52 percent [...]
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Tax Incentives for VAMC Agreed
The National Assembly’s finance-budget committee agreed on the draft regulations to give tax incentives for the to-be-established national asset management company [...]
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Jica plans increasing ODA for Vietnam’s agriculture
Vietnam hopes to receive more support from the Japanese government to develop its agricultural sector in a modern direction, ensuring food security and adapting to climate [...]
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Vietnam’s Bonds Gain Most in Almost Three Weeks on Rate Cuts
The yield on Vietnam’s three-year bonds fell by the most in almost three weeks after the central bank said it will lower interest rates to boost economic growth. The [...]
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Vietnam: more rate cuts, little effect?
With Vietnam’s economy still struggling and the IMF recently cutting its GDP forecast for this year to 5.2 per cent – anaemic by emerging market standards – [...]
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Solving all financial issues impossible: SBV
A State Bank of Vietnam (SBV) leader said on Thursday that it is impossible to stabilise the gold market, avoid impacts on foreign reserves and stabilise the exchange rate at [...]
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Resolving bad debts needs political consensus
The common idea of economists’ is that handling bad debts is the most complicated and the centre of the banking system restructuring programme. PhD Le Xuan Nghia, [...]
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