Foreign banks enlarge operations in Viet Nam

Foreign banks in Việt Nam have been expanding their transaction networks and increasing their charter capital in a bid to increase market share, especially in the retail banking sector.

Responsibilities of SBV for issuance and trading of Government debt instruments

On June 30, 2018, the Government issued Decree No.95/2018/ND-CP stipulating the issuance, registration, depository, listing and trading of the Government debt instruments in the stock market. Accordingly, the State Bank of Vietnam (SBV) is assigned to coordinate with the Ministry of Finance (MoF) to implement a number of relevant tasks.

Credit institution's future bright

A majority of credit institutions in the country expect an upward trend in their business in the remaining months of the year, after making improvements in the first half of 2018, according to a survey released last week by the State Bank of Việt Nam.

ADB helps Vietnam develop green, resilient cities

The Asian Development Bank (ADB) and the provincial People’s Committees of Ha Giang, Vinh Phuc and Thua Thien-Hue on July 6 signed project agreements totaling 223.87 million USD for the Secondary Green Cities Development Project.

SBV enhances capacity to intervene in foreign currency market

The recent increase in the VND/USD exchange rate was due to inside and outside impacts such as some poor sessions in the domestic stock market and the USD price rise globally, according to Pham Thanh Ha, head of the State Bank of Vietnam (SBV)’s Monetary Policy Department.

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