banks asked to warn customers about money theft from atms Banks asked to warn customers about money theft from ATMs

11:09 | 15/01/2019 Finance - Banking

The State Bank of Vietnam (SBV) has issued a new circular requiring commercial banks to regularly update customers on the theft of money from ATMs, ensuring smooth ATM operation and preventing card crimes.
deputy pm hails advisory role of national financial and monetary policy advisory council Deputy PM hails advisory role of National Financial and Monetary Policy Advisory Council

10:20 | 14/01/2019 Finance - Banking

Deputy Prime Minister Vuong Dinh Hue cum head of the National Financial and Monetary Policy Advisory Council hailed the council for providing effective consultancy for the Government to reach positive economic results in 2018.
four vietnamese banks cut rates to boost economy Four Vietnamese banks cut rates to boost economy

15:33 | 12/01/2019 Finance - Banking

Four major state-owned commercial banks in Vietnam have announced that they will lower their lending rates to priority sectors in a move to support enterprises.
tax collection up 123 percent in 2018 Tax collection up 12.3 percent in 2018

10:46 | 11/01/2019 Finance - Banking

The taxation sector collected more than VND1.14 quadrillion (US$49.46 billion) in tax for the State budget in 2018, equal to 107.2 percent of estimates and up 12.3 percent from 2017, as heard a conference of the Vietnam General Department of Taxation (GDT) on January 10.
banking sector urged to unfreeze resources to boost growth Banking sector urged to unfreeze resources to boost growth

09:39 | 10/01/2019 Finance - Banking

Prime Minister Nguyen Xuan Phuc asked the banking sector to continue unfreezing and promoting resources in order to facilitate the country’s growth, during a conference to deploy tasks for the sector in 2019 on January 9.
cash withdrawal limit in foreign countries set at 30 million vnd Cash withdrawal limit in foreign countries set at 30 million VND

14:19 | 09/01/2019 Finance - Banking

Commercial banks have to adjust the limit of cash withdrawals in foreign currency abroad to the maximum equivalent of 30 million VND (some 1,300 USD) per day for international credit and debit cards from early this year to meet a central bank regulation.
credit growth rises 14 percent in 2018 Credit growth rises 14 percent in 2018

14:15 | 08/01/2019 Finance - Banking

The total outstanding loans of the banking system are estimated to rise 14% in 2018 with the focus on production and business sectors, contributing to supporting economic growth, the State Bank of Vietnam (SBV) said on January 7.
new circular on securities related service prices issued New circular on securities-related service prices issued

16:02 | 07/01/2019 Finance - Banking

The Ministry of Finance has issued new securities-related service regulations for trading organisations and commercial banks doing business in Vietnam’s stock market.
vietnam wants urban residents to pay bills without cash Vietnam wants urban residents to pay bills without cash

15:29 | 05/01/2019 Finance - Banking

A recent government resolution on changing the business environment to improve competitiveness and labor productivity contains a push to accelerate use of cashless transactions.
finance minister launches first trading day of vietnamese stock market Finance Minister launches first trading day of Vietnamese stock market

14:45 | 03/01/2019 Finance - Banking

Minister of Finance Dinh Tien Dung attended a gong-striking ceremony on January 2 to open the first trading day of Vietnam’s stock market in 2019, voicing hopes of a better outlook in the New Year.
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