Vietnam’s Central Bank Continues to Improve Exchange Rate Flexibility to Ease US Currency Concern
07:45 | 21/07/2021
The State Bank of Vietnam (SBV) will continue to improve exchange rate flexibility over time.
Uncle Ho's iconic image adorns Vietnamese banknotes for over 70 years
13:33 | 04/05/2021
It is said by Ho Trong Minh, an artist who has had the honor of drawing a Vietnamese banknote, that there are only two people who have had their direct portraits drawn on banknotes still alive: Vietnam's President Ho Chi Minh and the UK's Queen Elizabeth ll.
State Bank of Vietnam reject US claims as ‘currency manipulator’
06:49 | 18/12/2020
The State Bank of Vietnam (SBV) has refused the ‘currency manipulator’ label, affirming that its work of managing over exchange rate in recent years only aimed at controlling inflation and stabilizing the macro-economy.
Countries seek ways to secure growth and resilience in ASEAN post-COVID-19
07:12 | 11/11/2020
As one of the activities on the sidelines of the 37th ASEAN Summit, a joint SBV-IMF high-level conference, themed “Securing Growth and Resilience in the ASEAN: Policies for the Post-COVID-19 World” was jointly organised by the State Bank of Vietnam (SBV) and the International Monetary Fund (IMF) in Hanoi on November 10, VGP reported.
Vietnam central bank reports credit growth at 4.81% in Jan-Sept
07:59 | 23/09/2020
Vietnam's credit growth is estimated at only 4.81% as of September 16, which is far away from the target of 14% for this year.
State Bank of Vietnam to simplify procedures for preferential loan access
17:16 | 02/06/2020
The state bank will consider simplifying lending procedures to help COVID-19-affected firms easily access preferential interest rate loans, Deputy Director of the State Bank of Viet Nam Dao Minh Tu said.
Vietnam is supported to stabilize the forex market from sufficient resources by the State Bank
08:05 | 25/03/2020
The State Bank of Vietnam will continue to take monetary measures and tools synchronously to stabilise the foreign exchange market amid the complex development of COVID-19 pandemic.
Service sector as bank rescue in COVID-19
08:38 | 15/03/2020
Due to COVID-19 epidemic, several banks have suffered in terms of both deposit and credit. To raise profits, these banks must push up revenue from the service sector.
State Bank of Vietnam reducing the prime interest rate
08:37 | 15/03/2020
The State Bank of Vietnam (SBV) is to decide on reducing the prime interest rate, according to the bank’s Deputy Governor Dao Minh Tu on March 12.
State Bank of Vietnam urge for cash sterilization to curb COVID-19 spreading
08:36 | 14/03/2020
The State Bank of Vietnam sent an urgent request Thursday that all used banknotes must be disinfected and stored for a while before re-entering circulation.
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