Finance & Banking

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Central bank may set local gold prices (28/01/2013)

The State Bank of Viet Nam began gathering public comments on a draft decision to be issued by the Prime Minister to govern the sale and purchase of gold bullion on the domestic market.

Banking sector needs to embrace IT innovation (16/05/2013)

(Updated at 14:56, 16/5/2013)

IT was becoming more and more important to the financial security and operational efficiency of banking services, State Bank of Viet Nam (SBV) Governor Nguyen Van Binh said at a banking technology conference in Ha Noi yesterday.

State Bank decides to cut management interest rates (14/05/2013)

(Updated at 8:48, 14/5/2013)

The State Bank of Viet Nam (SBV) has decided to cut interest rates used as management tools by 1 percentage point. The change, Deputy Governor Nguyen Dong Tien said, would take effect next Monday.

Money market shows positive movements in right direction (06/05/2013)

(Updated at 13:58, 6/5/2013)

Thanks to the implementation of synchronous and decisive measures by the State Bank of Vietnam (SBV) right from the beginning of 2013, monetary and banking activities in the first four months of 2013 have obtained positive outcomes and met the management objectives and directions of the whole year.

New regulation requires notification of high value transactions to central bank (22/04/2013)

(Updated at 14:49, 22/4/2013)

Any transaction over VND300 million (US$14,250) must be reported to the State Bank of Viet Nam under a recent decision that goes into effect June 10.

Agribank Appoints New General Director (16/04/2013)

(Updated at 14:12, 16/4/2013)

Agribank appointed as serving bank for Greater Mekong Subregion flood and drought risk management and mitigation project (12/04/2013)

(Updated at 14:27, 15/4/2013)

SBV sets new credit growth limits for individual banks (11/04/2013)

(Updated at 10:4, 11/4/2013)

The State Bank of Viet Nam has assigned this year's specific credit growth limits to local banks based on their economic health.

Free ATM services still available (08/04/2013)

(Updated at 9:16, 9/4/2013)

One month has passed since the new regulation that led to banks starting to charge fees on debit card holders for withdrawing money from ATM machines.

Other News

Bank forecasts strong year for exports (02/04/2013)(Updated at 9:47, 3/4/2013)

SBV has room to further cut deposit rates (03/04/2013)(Updated at 9:44, 3/4/2013)

Enterprises call for support to raise growth (27/03/2013)(Updated at 10:22, 27/3/2013)

Coffee prices highest in two years (20/03/2013)(Updated at 8:46, 20/3/2013)

Can SBV intervention help gold trade? (11/03/2013)(Updated at 9:22, 12/3/2013)

Foreign investment rises by 5% (28/02/2013)(Updated at 9:35, 1/3/2013)

Banks balk at new ATM fees (01/03/2013)(Updated at 9:28, 1/3/2013)

Rising exports help boost trade surplus (26/02/2013)(Updated at 14:50, 26/2/2013)

SBV viewpoint on fluctuation of forex market (25/02/2013)(Updated at 9:7, 25/2/2013)

State promotes bond swaps (20/02/1013)(Updated at 10:54, 20/2/2013)