Banks should tighten assessment controls of their corporate bonds investments - experts

Vietnamnews | 19/08/2022 3:39:46 PM

Concentrating on fast growth while turning a blind eye to the purposes of bond issuance plans has caused risks and insecurity in the corporate bond investments of credit institutions.

Reference exchange rate up 13 VND on August 16

Vietnamplus | 16/08/2022 2:57:42 PM

The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,173 VND/USD on August 16, up 13 VND from the previous day.

Monetary stance points to only mildly higher interest rates in Việt Nam: Fitch Ratings

Vietnamnews | 09/08/2022 2:22:04 PM

Capital account restrictions largely insulate interest rates in Việt Nam from global monetary tightening and the country’s policy rate is expected to rise 50 basis points to 4.5 per cent by end-2023, according to Fitch Ratings.

Banks avoiding further bad debt risks

Sài gòn đầu tư | 09/08/2022 2:11:24 PM

The recent financial statements of commercial banks for the second quarter show that the total amount of bad debts increased by about 17.5% compared to the beginning of the year.

Strict criterion prevents access to loans

Sài gòn đầu tư | 27/07/2022 3:02:32 PM

Although Decree 31/2022/ND-CP of the State Government offers support to businesses, cooperatives, and business householders at 2% interest rate when borrowing from commercial banks, there is still a strict criterion in place. Decree 31 is a lifesaver for businesses and individuals to recover production back to normal, but the interest rate is not favorable for everyone.

Việt Nam in the headwinds of global rate hikes and inflation

Vietnamnews | 25/07/2022 1:48:20 PM

Global rate hike and rising inflation are putting pressure on Việt Nam's monetary management policy.