Strengthening the role of deposit insurers in protecting financial consumers
Financial consumer protection is one of the important tools to increase people's access to finance, and at the same time to ensure the...
26/11/2021
Vietnam Central Bank Seeks Company to Buy and Sell Bad Debt
The State Bank of Vietnam (SBV), the country's central bank, submitted a plan to establish a debt trading company to the government in an effort to tackle bad debts and improve the capital flow of the economy.
03/10/2012
Interview with Deputy Governor Le Minh Hung on movements of domestic gold market
In response to the recent volatility of the domestic and world gold prices, Deputy Governor Le Minh Hung of the State Bank of Vietnam (SBV) granted an interview on the movements of the gold market. Following is the full text of the interview.
25/09/2012
Banks hike deposit interest
Two leading commercial banks have raised deposit interest rates in a new bid to attract more depositors and accumulate capital for an anticipated rise in demand towards the end of the year.
25/09/2012
Banks set new peak for long-term deposit rates
Some banks have increased the deposit interest rates for savings of a term above 12 months to 13 percent a year from the 12 percent peak they offered last June.
17/09/2012
Credit growth likely to remain stagnant
Commercial banks will be hard-pressed to meet the 8-per-cent credit growth target in the second half of the year despite looser Government monetary policies, said National Advisory Council for Financial and Monetary Policy member Tran Du Lich.
17/09/2012
No IMF loan to solve bad debt
Deputy Governor of the State Bank of Vietnam Le Minh Hung rejected a rumor that Viet Nam had to ask for a loan from the International Monetary Fund (IMF) to deal with bad debts.
17/09/2012
PM: No plan to seek bailout from IMF, ASEAN 3
“Indonesia and other fellow ASEAN members will be ready to help Vietnam through the crisis without the country having to seek a bailout from the International Monetary Fund [IMF],” said Indonesian President Susilo Bambang Yudhoyono on the side of...
17/09/2012
Banking industry recovers from scandal
The domestic monetary market has become more stable after it was shaken by the news that several CEOs of local banks and a financial tycoon were arrested due to allegedly illegal activities.
04/09/2012

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