State Bank of Vietnam
Vietnam central bank vows to push growth, limiting credit risks
The trade levies are putting upward pressure on inflation and adding pressure on the currency
Vietnamese dong rises on intervention, yet remains Asean’s worst performer
This follows the central bank’s move to sell US dollars via cancellable forward contracts
Vietnam central bank readies measures to counter tariff impact
The Vietnamese dong has been under pressure in recent weeks, dropping to a record low in June
Life sentence cut to 30 years in prison for Vietnam’s death-row property mogul Truong My Lan
The tycoon’s death penalty for embezzlement is still upheld from a separate appeal trial last year
Vietnam to allow 49% foreign ownership of some banks
Foreign investors cannot hold more than 30% of shares in banks that have government ownership of above 50%
Vietnam central bank ready to sell US dollars to keep exchange rate stable
VIETNAM’S central bank is ready to sell US dollars to the market to keep the exchange rate stable, governor Nguyen Thi Hong said on Monday (Nov 11).
Vietnam sets dong fix rate at record low amid US dollar strength
VIETNAM set its reference rate for the dong at a record low, setting the stage for more weakness in the South-east Asian nation’s currency as the US dollar’s surge pummels emerging markets.
Vietnam plans capital injection into Vietcombank to support policy goals
VIETNAM is planning to inject 20.695 trillion (S$1.1 billion) of capital into state-owned commercial lender Vietcombank, the country’s biggest bank, to boost its capacity to support government policy,...