Outstanding loans in Vietnam exceeded 8.79 quadrillion VND (378.74 billion USD) as of November 17, an increase of 7.26 percent from the end of 2019, according to the State Bank of Vietnam (SBV).
Connectivity between banks, businesses, and farmers in value chains is essential for Vietnamese goods to enter the EU market, a workshop in Hanoi on November 20 heard.
Prime Minister Nguyen Xuan Phuc on November 16 presented the State President’s decision to appoint Nguyen Thi Hong as the Governor of the State Bank of Vietnam (SBV).
A joint SBV-IMF high-level conference, themed “Securing Growth and Resilience in the ASEAN: Policies for the Post-COVID-19 World”, was held in Hanoi on November 10.
Members of the National Assembly (NA) Standing Committee on November 9 sat for the 50th session to consider and give opinions on a number of contents to be submitted to the 14th NA’s 10th session.
The Party Central Committee (PCC)'s Inspection Commission has proposed the Politburo to consider and apply a disciplinary measure against Politburo member Nguyen Van Binh, Secretary of the PCC and head of the PCC’s Economic Commission, for serious violations he committed when holding different positions some years ago.
“Vietnam Card Day 2020”, the first of its kind, was officially launched on in Hanoi on October 29 with an aim to promote non-cash payments in the country.
Private corporate bonds raised in September dived from the previous month after a decree took effect to tighten the issuance on the corporate bond market.
Standard Chartered expects Vietnam’s economy to grow by 3 per cent in 2020 and surge to 7.8 per cent in 2021. Rising consumption on improving sentiment, and faster manufacturing will drive growth in the last quarter of this year.
Standard Chartered expects Vietnam’s economy to grow by 3 percent in 2020 and surge to 7.8 percent in 2021. Rising consumption on improving sentiment, and faster manufacturing will drive growth in the last quarter of this year.
The Politburo has assigned Le Minh Hung, member of the Party Central Committee and Governor of the State Bank of Vietnam (SBV) as Chief of the Party Central Committee’s Office.
A new decree released by the Government will allow State-owned commercial banks to save cash to increase their strength instead of paying dividends to shareholders.
In the wake of new advances in science and technology that pose challenges to security and confidentiality, the State Bank of Vietnam (SBV) is drafting amendments to Circular 47/2014/TT-NHNN with new technical regulations on security and confidentiality for the card payment system.
Finance Minister Dinh Tien Dung and Governor of the State Bank of Vietnam (SBV) Le Minh Hung on October 2 co-chaired the sixth ASEAN Finance Ministers and Central Bank Governors’ Meeting (AFMGM).
Business
