Remittances boost HCM City growth
Vietnamplus | 09/01/2023 3:21:14 PM
Ho Chi Minh City received some 6.8 billion USD in remittances last year, only a slight decrease compared to 2021 and accounting for 48% of foreign currency deposits at its credit institutions.
Enterprises in HCM City receive credit disbursement, but rates remain high
Vietnamnews | 09/01/2023 3:17:54 PM
The total outstanding loans in the southern city totalled VNĐ3.23 quadrillon in 2022, up by 14 per cent over 2021.
MoF aims to develop the insurance market
Vietnamnews | 04/01/2023 2:43:24 PM
The Vietnamese insurance market currently has 79 insurance businesses.
Banks required to cut rates to support economic recovery
Vietnamnews | 27/12/2022 4:54:16 PM
Nguyễn Thị Hồng, the Governor of the State Bank of Vietnam (SBV), has directed banks to continually reduce input costs with an aim to cut loan interest rates.
Remittances are forecast to increase by 4.4% in 2022
Vietnamnews | 27/12/2022 4:53:24 PM
Việt Nam may be increase by 4.4 per cent in 2022 and 3.6-4.5 per cent the following year, according to organisations.
Improved forex market helps central bank buy greenback
Vietnamnews | 27/12/2022 4:52:36 PM
At a press conference to implement works of the banking industry in 2023 held on Tuesday, deputy governor of the State Bank of Vietnam (SBV) Đào Minh Tú said the devaluation rate of the đồng was lower than that of many countries in the world.