vietnam unlikely to loosen lending Vietnam unlikely to loosen lending

10:18 | 17/09/2015 Finance - Banking

Despite low inflation this year, the Government should remain cautious when offering support to boost economic growth, said director of the State Bank of Vietnam's Credit Department, Nguyen Tien Dong.
eight month credit growth reaches 1023 Eight-month credit growth reaches 10.23%

14:16 | 16/09/2015 Finance - Banking

Credit growth from early this year to August 31 increased 10.23% compared to the end of 2014, a double increase in comparison with the growth rate of the same period last year, according to Director of the State Bank of Vietnam's Credit Department, Dang Tien Dong.
Foreign banks join e-tax registration system

10:29 | 16/09/2015 Finance - Banking

As of late August, the online tax filing system was deployed in 63 provinces and cities nationwide, according to the General Department of Taxation.
bank governor meets with new adb country director Bank governor meets with new ADB country director

09:51 | 15/09/2015 Finance - Banking

Governor Nguyen Van Binh of the State Bank of Vietnam (SBV) met with the newly-appointed Asian Development Bank (ADB) Country Director in Vietnam, Eric Sidgwick, in Hanoi on September 14.
ministry may adjust tariff rates Ministry may adjust tariff rates

14:48 | 14/09/2015 Finance - Banking

The Ministry of Finance has proposed an adjustment to import and export tax rates for some groups of goods from January 1, 2016.
bidv to provide loans for phu quoc projects BIDV to provide loans for Phu Quoc projects

15:04 | 11/09/2015 Finance - Banking

The Bank for Investment and Development (BIDV) will give a VND12-trillion (US$571 million) loan to property developers VinGroup and the Sun Group, which are developing projects in Phu Quoc Island.
asean banks to accelerate branch presence in viet nam ASEAN banks to accelerate branch presence in Viet Nam

10:26 | 10/09/2015 Finance - Banking

The number of banks from ASEAN countries is expected to increase in Viet Nam in the coming years as the domestic banking market opens following the carrying out of regional integration commitments.
coping with chinas yuan devaluation Coping with China’s yuan devaluation

11:47 | 09/09/2015 Finance - Banking

(VEN) - China’s devaluation of the yuan has affected Vietnamese businesses. For this reason, the Ministry of Industry and Trade has recommended that businesses take urgent measures to mitigate the adverse affects of the devaluation.
banks face tough balancing act Banks face tough balancing act

11:03 | 08/09/2015 Finance - Banking

Credit this year has grown robustly and might surpass the 15-17 per cent annual target, however, commercial banks will find it difficult to balance lending and deposit sources, according to experts.
vamc to buy bad loans from lenders VAMC to buy bad loans from lenders

10:21 | 07/09/2015 Finance - Banking

The State Bank of Vietnam has issued a circular with new regulations on encouraging credit institutions to handle non-performing loans (NPLs).
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