Challenges for banks in recovering bad debts

Vietnam News | 24/10/2022 3:46:24 PM

Commercial banks have been facing difficulties in recovering bad debts as they were unable to find buyers for high-value collateral despite big discounts.

Increased pressure to raise interest rates

Sài gòn đầu tư | 13/10/2022 3:49:34 PM

Liquidity in banks is currently under great stress after overnight interbank interest rates neared 8% a year, and the interest rate on market 1 is also rising day by day.

Investors warned of the possibility of corporate bond default

Vietnamnews | 07/10/2022 4:33:22 PM

In the financial market, investors need to keep in mind the principle of high risk, high return. Therefore, the higher the bond yield, the greater the probability of default.

Commercial banks raise deposit rates after SBV’s adjustment

Vietnam News | 28/09/2022 9:50:14 PM

Many commercial banks have increased interest rates for Vietnamese đồng deposits over the past few days after the State Bank of Việt Nam raised its policy rate by 100 basis points last Thursday.

Foreign investment disbursement hits record high in nine months

Vietnam News | 28/09/2022 9:47:04 PM

This positive figures showed that foreign-invested enterprises have been constantly recovering and expanding their production and business activities in Việt Nam, FIA said in its report.

Reference exchange rate up 8 VND

Vietnamplus | 23/09/2022 4:42:30 PM

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,324 VND/USD on September 23, up 8 VND from the previous day.