Banks forecast strong performance despite credit slowdown Business

Banks forecast strong performance despite credit slowdown

Most domestic credit institutions and foreign banks’ branches in Vietnam expect their business performance in 2019 to be better than last year despite the predicted slowdown in credit growth, according to the State Bank of Vietnam's latest survey released late last week.
SBV set to rank local banks, credit institutions Business

SBV set to rank local banks, credit institutions

The State Bank of Vietnam (SBV) will rank credit institutions and foreign bank branches operating in the country in a move to ensure the safety of the banking system and protect legitimate rights of depositors.
Gov’t to fine bad weather forecasters Society

Gov’t to fine bad weather forecasters

Several new Government policies come into effect this month, including fines for incorrect weather forecasts, regulations on credit institutions and foreign bank branches, payments for those involved in searching for and collecting remains of war martyrs.
Business

State Bank lowers interest rates

The State Bank of Vietnam lowered deposit and lending interest rates by one percent each on December 24 in a bid to provide enterprises with easier access to finance.