central bank unveils monetary policy for second half of 2019 Central bank unveils monetary policy for second half of 2019

11:02 | 20/06/2019 Finance - Banking

The State Bank of Vietnam (SBV) will continue to follow a pro-active, flexible and cautious monetary policy as well as working in close conjunction with fiscal and other policies to control inflation, sustain the macro-economy and support economic growth in the second half of this year.
why vietnamese who buy online insist on paying cash Why Vietnamese who buy online insist on paying cash

14:35 | 18/06/2019 Finance - Banking

(VEN) - The Vietnamese e-commerce market has increased to US$8 billion, but only three to five percent of total transactions are non-cash payments. The biggest problem is attributed to consumer habits and trust.
cross ownership in banking system almost resolved Cross-ownership in banking system almost resolved

16:20 | 16/06/2019 Finance - Banking

Cross-ownership in the country’s banking system had almost been eliminated, a recent report by the State Bank of Vietnam (SBV) showed.
deputy pm makes case for cashless society Deputy PM makes case for cashless society

10:30 | 14/06/2019 Finance - Banking

Deputy Prime Minister Vuong Dinh Hue has declared a series of benefits of cashless payment and projected a boom in the service while speaking at a forum on June 11.
portal launched to connect borrowers with credit institutions Portal launched to connect borrowers with credit institutions

14:09 | 13/06/2019 Finance - Banking

The National Credit Information Center of Vietnam (CIC) and the State Bank of Vietnam (SBV) has officially launched a portal connecting borrowers and credit institutions.
banks may assess pollution risks before granting loans Banks may assess pollution risks before granting loans

14:56 | 12/06/2019 Finance - Banking

Banks will assess environmental pollution risks when granting loans to projects in some industries, according to a State Bank of Vietnam (SBV) draft regulation.
commercial banks meet basel ii standards ahead of schedule Commercial banks meet Basel II standards ahead of schedule

10:38 | 11/06/2019 Finance - Banking

(VEN) - The State Bank of Vietnam (SBV) has selected 10 commercial banks to pilot Basel II standards by 2020.
cmsc to supervise finance of 19 state owned groups CMSC to supervise finance of 19 State-owned groups

10:05 | 10/06/2019 Finance - Banking

The Committee for Management of State Capital at Enterprises (CMSC) will oversee the finance of 19 State-owned groups and corporations this year.
vietnam begins to adopt chip bank cards Vietnam begins to adopt chip bank cards

16:00 | 07/06/2019 Finance - Banking

Since the start of the year, the Vietnamese government has underlined the role of cashless payment, which recently received a boost when the State Bank of Vietnam (SBV) has also asked card issuers to switch at least 30% of their cards from magnetic stripe to chip cards, especially contactless cards.
cmsc to receive 109 million usd dividend from petrolimex CMSC to receive 109 million USD dividend from Petrolimex

15:16 | 06/06/2019 Finance - Banking

The Committee for Management of State Capital at Enterprises (CMSC) will receive a cash dividend of more than 2.55 trillion VND (109 million USD) from the Vietnam National Petroleum Group (Petrolimex) for its performance in 2018.
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