Bank liquidity abundant after Tet Business

Bank liquidity abundant after Tet

Liquidity of the banking system has been plentiful again after the Lunar New Year (Tet), helping the central bank net withdraw more than 51.55 trillion VND (2.2 billion USD) in the past week.
Bank profits enable rate cuts Business

Bank profits enable rate cuts

The banking sector’s profits were anticipated to rise significantly in 2017, driven by the handling of bad debts and the recovery of the property sector.
High liquidity, but no drop in interest rates Business

High liquidity, but no drop in interest rates

Despite good liquidity in the banking system, the peculiarities in Vietnam’s monetary policy management has prevented the decline of interest rates on deposits, a central economic report said.
Vietnam needs more cheap housing: VNREA Business

Vietnam needs more cheap housing: VNREA

The local real estate market has recovered but the State should provide policies to develop small and cheap apartments due to increasing demand, according to the Vietnam Real Estate Association.
Real estate inventory drops in January Business

Real estate inventory drops in January

The real estate sector reported a reduction of 1.75 trillion VND (78.2 million USD) in inventory in January from last month to an estimated value of 49.1 trillion VND (2.2 billion USD).
Business

Treasury bills, bonds sell more

Transactions of Treasury bills and Government bonds have risen because of the good liquidity of banks for the second consecutive week.
SBV to maintain current interest rate in 2014 Business

SBV to maintain current interest rate in 2014

The central bank will maintain the current interest rate until the end of the year, provided there is no sudden change in the consumer price index, according to the State Bank’s Monetary Policy Department chief, Nguyen Thi Hong.