stricter penalties for bank share violations Stricter penalties for bank share violations

19:13 | 04/06/2015 Finance - Banking

The State Bank of Vietnam (SBV) will take bold actions against any breach of its rules on bank share ownership restriction.
deputy pm affirms closer cooperation with wb Deputy PM affirms closer cooperation with WB

09:42 | 03/06/2015 Finance - Banking

Deputy Prime Minister Hoang Trung Hai reiterated Vietnamese agencies’ willingness to closely working with the World Bank (WB) on building programs to ensure the receipt of all loans at a June 2 reception for WB Vice President Joachim Von Amsberg in Hanoi.
forex rate stable after dong devaluation Forex rate stable after dong devaluation

11:50 | 02/06/2015 Finance - Banking

The foreign exchange market has stabilised after fluctuations caused by the State Bank's recent decision to devalue the Vietnamese dong by 1%, according to independent market analysts.
rising pressure on deposit interest rates Rising pressure on deposit interest rates

09:29 | 01/06/2015 Finance - Banking

Deposit interest rates are set to rise as growth rate of deposits has been lower than that of credit, according to a report from the National Financial Supervisory Commission (NFSC).
securities market expects new policies Securities market expects new policies

08:21 | 30/05/2015 Finance - Banking

(VEN) - Upgrading the domestic securities market to make it more attractive to foreign investors, and improving legal documents and policies to solve its difficulties are expected to promote better growth in the securities market.
credit pours into production Credit pours into production

15:49 | 28/05/2015 Finance - Banking

(VEN) - Credit pouring into the economy during April was the highest in the last three years. Capital flows were especially healthy in major sectors such as industry, construction, and other prioritized areas clearly indicating Vietnam’s economic recovery.
bourses rise as money keeps flowing Bourses rise as money keeps flowing

10:41 | 27/05/2015 Finance - Banking

Both bourses extended their upward tick on May 26 due to the continuance of strong money flows into the markets.
us dollar exchange rate increases US dollar exchange rate increases

14:03 | 22/05/2015 Finance - Banking

(VEN) - Commercial banks continued to increase the trading price for US dollars on May 12. The bid prices of banks increased by VND5-40/dollar to reach VND21,650-21,680/dollar while the ask prices increasing by VND10-30/dollar to range between VND21,725-21,745/dollar. The inter-bank average exchange rate was maintained at VND21,673 per dollar. In general, the rise of the exchange rate has affected Vietnam’s socioeconomic targets and capacity to respond to negative impacts on the international financial market.
remittances to hcm city hit us 14 billion in four months Remittances to HCM City hit US$1.4 billion in four months

14:36 | 20/05/2015 Finance - Banking

Vietnamese living abroad remitted around US$1.4 billion to HCM City in the first four months this year, 19.6% higher than last year’s same period.
dai ichi life vietnam and hdbank enter into exclusive long term bancassurance partnership Dai-ichi Life Vietnam and HDBank enter into exclusive long-term bancassurance partnership

18:49 | 18/05/2015 Finance - Banking

(VEN) - Dai-ichi Life Vietnam and HDBank organized the signing ceremony of their exclusive 10-year bancassurance partnership agreement at Ho Chi Minh City.
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