Moody's review of Vietnam's Ba3 rating improper: ministry Business

Moody's review of Vietnam's Ba3 rating improper: ministry

The Vietnamese Ministry of Finance (MoF) has said that Moody's Investors Service’s decision to place Vietnam’s Ba3 rating under review for downgrade due to delayed payments on an obligation of the Vietnamese Government was improper as the Government has never delayed meeting debt repayment obligations.
Singapore expected to ease monetary policy soon World

Singapore expected to ease monetary policy soon

As Singapore continues to see sluggish trade and growth data, with core inflation at a three-year low, economists forecast the central bank to ease monetary policy in its upcoming review and provide some support to the economy.
NA Standing Committee discusses draft law on PPP Politics

NA Standing Committee discusses draft law on PPP

The National Assembly Standing Committee discussed a draft law on public-private-partnership (PPP) projects, composed by the Ministry of Planning and Investment (MPI), during its 37th session in Hanoi on September 16.
Techcombank honoured Best Payments Bank in Vietnam Business

Techcombank honoured Best Payments Bank in Vietnam

The Vietnam Technological and Commercial JSC (Techcombank) has been named the Best Payments Bank in Vietnam in 2019 by the Asian Banker thanks to its use of high technology in providing payment solutions to customers.
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.
Central bank to continue managing monetary policy  Business

Central bank to continue managing monetary policy

The State Bank of Vietnam (SBV) said on May 30 that it will continue to coordinate with relevant Vietnamese ministries and agencies regarding the US Department of Treasury’s issues of concern, in the spirit of cooperation.