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Category: FinanceSubscribe via RSS Feed

What does SBV say about the sharp movements of foreign exchange rate?

23-May-2019 Intellasia | Tri thuc Tre | 6:00 AM

The State Bank of Vietnam (SBV) has officially talked about the strong fluctuations of exchange rate in the recent time. According to the SBV’s website, Pham Manh Ha, [...]
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Vietnam banks’ charter capital increases 63pct in 7 years to $24.72 billion

23-May-2019 Intellasia | Hanoi Times | 6:00 AM

This showed improvements in financial capacity of credit institutions over the years. The combined charter capital of Vietnam’s banking sector reached VND578.9 trillion [...]
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E-wallet users likely to update personal information

23-May-2019 Intellasia | The Saigon Times | 6:00 AM

The central bank is seeking comments on a draft circular revising and supplementing some articles of Circular 39 on payment intermediaries, including asking e-wallet users to [...]
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VN banks handle $898.4 b through e-payments in Q1

23-May-2019 Intellasia | VNS | 6:00 AM

Vietnam’s interbank e-payment system handled 37 million transactions worth nearly VND21 quadrillion (US$898.4 billion) in the first quarter of the year, up 23 per cent [...]
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Private commercial banks funding the most for medium and long-term capital

23-May-2019 Intellasia | BizLIVE | 6:00 AM

Survey from Q1/2019 financial statements of 20 banks showed that the average medium and long-term loan ratio of the group was at 54.68%. Although this rate showed signs of a [...]
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SBV ready to intervene in forex market

23-May-2019 Intellasia | The Saigon Times | 6:00 AM

The State Bank of Vietnam (SBV) is ready to sell foreign currency to stabilise the forex market in the wake of the sharp strengthening of the greenback against the dong [...]
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Banking event highlights financial inclusion in Vietnam

22-May-2019 Intellasia | VNA | 6:00 AM

The topic on how to apply digital technologies to promote financial inclusion in Vietnam will be discussed at the Banking Vietnam Conference and Expo 2019 (Banking Vietnam), [...]
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Banks speed up resolving bad debts

22-May-2019 Intellasia | VOV | 6:00 AM

Commercial banks have been proactive in handling bad debts with many posting an increasing ratio. Financial statements released by 15 large and medium domestic banks for the [...]
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New motivation for banks

22-May-2019 Intellasia | VnEconomy | 6:00 AM

Although credit is still the core business activity which contributes 70-80 percent to banks’ total revenues and profit, the overly fast credit growth also poses big [...]
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The exchange rate to remain stable

22-May-2019 Intellasia | Dau tu Chung khoan | 6:00 AM

After a quiet movement since the beginning of the year, in the last three weeks, the USD/VND exchange rate increased by 100-150 points, from 23,200 dong to 23,300-23,350 [...]
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Reference exchange rate kept unchanged on May 21

22-May-2019 Intellasia | VNA | 6:00 AM

The State Bank of Vietnam set the daily reference exchange rate at 23,069 VND/USD on the morning of May 21, unchanged from the day ago. With the current trading band of +/- 3 [...]
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Vietnam’s non-cash payment market booms in Q1

22-May-2019 Intellasia | The Saigon Times | 6:00 AM

Online and mobile payments have kept booming, with year-on-year growth in the first quarter of 2019 reaching 70 percent and 97.7%, respectively. The figures suggest that [...]
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State Treasury raises nearly VND88 trillion via G-bond auction

22-May-2019 Intellasia | SGGP News | 6:00 AM

The Hanoi Stock Exchange has recently mobilised VND2.4 trillion worth of government bonds via auction, increasing total mobilised capital by the State Treasury since the [...]
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Real estate borrowings in the first quarter account for 18pct of total outstanding loans

22-May-2019 Intellasia | Lao Dong online | 6:00 AM

By the end of the first quarter of 2019, outstanding loans of real estate with purposes of business and self-use increased 3.29%, accounting for 18.08 percent of the total [...]
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Non-cash payment programme launched

22-May-2019 Intellasia | Vietnamnet | 6:00 AM

The programme on using non-cash payment methods at all schools and hospitals in the locality initiated by HCM City authorities may fail as it has not been welcomed by the [...]
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