Top Lao leader receives Vietnamese Party official Politics

Top Lao leader receives Vietnamese Party official

Chief of Office of the Party Central Committee Le Minh Hung was received by Lao Party General Secretary and President of Laos Thongloun Sisoulith in Vientiane on November 22 within the framework of his two-day working visit starting November 21.
Mobile money pilot project submitted to PM for approval Business

Mobile money pilot project submitted to PM for approval

A mobile money pilot project has been submitted to the Prime Minister for approval, marking a bold step for the development of payments using telecommunication accounts in Vietnam, Governor of the State Bank of Vietnam Le Minh Hung said at the dialogue between the PM and the business community last week.
Vietnam, Cambodia’s central banks look to foster partnership Business

Vietnam, Cambodia’s central banks look to foster partnership

Leaders of the State Bank of Vietnam (SBV) and the National Bank of Cambodia (NBC) met in Phnom Penh on September 16 at an annual conference to share experience in macro-economy management, especially in finance-banking, and seek ways to strengthen cooperation in personnel training.
Credit growth expanded 7.33 percent in H1 Business

Credit growth expanded 7.33 percent in H1

The banking sector reported a credit growth of 7.33 percent in the first half of this year compared to the end of 2018, Governor of the State Bank of Vietnam (SBV) Le Minh Hung said.
Forex reserves reach highest level to date Business

Forex reserves reach highest level to date

The State Bank of Vietnam (SBV) obtained a large amount of foreign currencies in the first half of 2019, pushing foreign exchange reserves recorded in the period to the highest level to date.
Over 6 billion USD purchased to raise forex reserves Business

Over 6 billion USD purchased to raise forex reserves

The country net purchased over 6 billion USD in 2018 to raise its foreign exchange reserves, the State Bank of Vietnam (SBV) reported at a meeting in Hanoi on January 9 to launch tasks for the banking sector this year.
SBV Governor: non-cash payment booming Business

SBV Governor: non-cash payment booming

The number of transactions using new modes of payment has seen strong surges this year, Governor of the State Bank of Vietnam Le Minh Hung reported to the National Assembly during the Question-and-Answer session on November 1.