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Financials
SBV to halt issue of new small banknotes
13:49 | 22/01
In a move aimed at saving billions of VND, the State Bank of Vietnam (SBV) has halted production of small denomination banknotes ahead of the coming Tet holiday.
JBIC offers to help Vietnam issue bonds in Japanese yen
The Japan Bank for International Co-operation (JBIC) has offered to assist the Vietnamese Government to issue Japanese yen-dominated bonds on the Japanese market.
10:33 | 19/01
VAMC to buy VND100trn in bad bank debt
Vietnam Asset Management Company (VAMC) plans to buy from VND70-100trn (USD3.3-4.7bn) bad debts this year to help reduce the banking sector's bad debt level to three percent of outstanding loans.
14:43 | 15/01
BIDV offers preferential loans for 5-star hotel construction in Laos
The Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has pledged US$25 million in preferential loans for the construction of a five-star hotel and office complex project in Vientiane, Laos.
14:34 | 15/01
Central bank acts to curb local currency rise
The central bank on January 12 quoted the U.S. dollar at a higher price in a move to prevent the Vietnam dong currency from appreciating as seen in the past few days.
15:44 | 14/01
Illegal gold traders arrested
Police have arrested owners of a Hanoi company operating a VND300bn (USD14.3m) underground gold trading floor after it failed to pay promised returns to investors.
13:35 | 14/01
Banking sector to see major mergers in 2015
Vietnam’s banking sector will step up restructuring measures in 2015, with the expected merging of several major banks.
16:14 | 12/01
Small banknotes come with exorbitant fees
The rising demand for small changes to donate to temples or give out as lucky money during Tet has created a boost in unregulated currency exchange services.
09:53 | 07/01
Central bank''s flexible monetary policy brings in positive results
The State Bank of Vietnam (SBV) has seen positive outcomes while implementing monetary policy in a flexible and synchronous manner in 2014.
11:29 | 05/01
Experts: Local currency fall of 2% next year realistic
Banking and securities experts have said that the central bank could realize its target of keeping the fall of Vietnam dong currency against the U.S. dollar at a slight 2% next year thanks to positive signs of the economy.
16:24 | 31/12
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NFSC: Banking system fares better
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ADB finances infrastructure upgrade in Central region
Banknetvn mulls full conversion to chip cards next year
VietinBank requested to return embezzled money
Banking sector urged to effectively operate monetary policy
Vietnam’s insurance premiums up 14.2%
SBV unveils plans to remove more deposit interest ceilings
BanknetVN, Smartlink plan to strike merger deal
 
Highlights  
December CPI down slightly on falling fuel prices
Nhan Dan newspaper, State Securities Commission sign agreement
Fiercer competition looms in steel sector next year
Ministry keeps price controls on milk for children
CBRE: Office rents remain stable until Q1
 
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