Lowering interest rates to promote trade

15:35 | 25/03/2014 Finance - Banking

(VEN) - On March 17, 2014, the State Bank of Vietnam (SBV) announced reductions in the interest rate ceilings applied to deposits and short-term loans in VND. Credit institutions began to apply these reductions on March 18.
Improving capital absorbability for agricultural credit

15:03 | 21/03/2014 Finance - Banking

(VEN) - The government has continued to adopt mechanisms and policies to invest in agricultural development. However, finding solutions to effectively use the capital is needed.
Vietinbank to open branch in Laos

11:06 | 20/03/2014 Finance - Banking

The Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) will open a transaction office in PhonKoung Village, Pakse District, Champasak province, on March 29.
Solutions to increase state budget revenue

10:41 | 18/03/2014 Finance - Banking

(VEN) - In the context of slow economic recovery and growing demand for investment in development, appropriate solutions must be taken to create new sources of revenue for the state budget.
Promoting the access to credit

15:09 | 13/03/2014 Finance - Banking

(VEN) - Information from the State Bank of Vietnam (SBV) has shown that the monetary and banking markets underwent positive changes in the first two months of 2014. However, the provision of credit declined.
Connecting businesses with the banks

14:11 | 12/03/2014 Finance - Banking

(VEN) - More than VND12 trillion was already invested in the program for connecting businesses with the banks in Ho Chi Minh City in 2013. The funding is targeted to reach VND20 trillion in 2014.
Surplus possibility and Vietnamese dong to increase in value

16:07 | 10/03/2014 Finance - Banking

(VEN) - National Economics University Associate Professor, Dr. Nguyen Thuong Lang said that in the 2012-2015 period, Vietnamese balance of trade could achieve a surplus, contributing to creating an increase in value of Vietnamese dong.
Accelerating public investment

14:02 | 07/03/2014 Finance - Banking

(VEN) - The status of unmarketable capital still appeared when credit negatively grew in February compared to the same period last year. Commercial banks have made greater efforts to bring capital to the market by preferential credit packages. To overcome difficulties, accelerating public investment to spread capital in the economy is necessary.
Ministry of Finance deals with stagnant goods

15:46 | 05/03/2014 Finance - Banking

(VEN) - The Ministry of Finance will issue regulations to deal with stagnant goods in customs areas in conjunction with provisions laid out in Circular 15/2014/TT-BTC.
Instructions on the use and management of industry promotion funding

14:59 | 03/03/2014 Finance - Banking

(VEN) - The Ministry of Finance (MOF) and the Ministry Industry and Trade recently issued Circular 26/2014/TTLT-BTC-BCT dated February 18, 2013 on the use and management of the national and local industry promotion funding.
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