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Nguyen Thi Hong

SBV to propose establishment of gold exchange at appropriate time

SBV to propose establishment of gold exchange at appropriate time

Governor Hồng said the establishment of a gold exchange has positive aspects such as transparency and more favourable conditions for buying and selling needs of people and businesses, however, it requires investment in infrastructure.
US5 billion package for social housing development sees first disbursements

US$5 billion package for social housing development sees first disbursements

Credit institutions are ready to provide loans with preferential rates from the VND120 trillion (US$5.07 billion) package.
Liquidity of whole banking system remains good: SBVs Governor

Liquidity of whole banking system remains good: SBV’s Governor

The liquidity of the whole banking system has remained good, Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong said on Sunday.
Deposits at banks guaranteed: State Bank Governor

Deposits at banks guaranteed: State Bank Governor

Governor of the State Bank of Viet Nam Nguyen Thi Hong on Monday affirmed that deposits at commercial banks were all guaranteed in every case.
Gap between domestic and global gold prices is reasonable: SBV Governor

Gap between domestic and global gold prices is reasonable: SBV Governor

Governor of the State Bank of Vietnam Nguyen Thi Hong said it is reasonable due to restricted supply according to the country’s policy to restrict gold supply sources with an aim to fight  dollarisation and goldisation in the domestic economy
Credit growth rate estimated at 2.28 per cent in Q1

Credit growth rate estimated at 2.28 per cent in Q1

Total outstanding loans of the banking system rose 2.28 per cent as of March 25 and the total means of payment grew by 2.67 per cent compared to late 2018.
Credit growth of 14% a feasible target for 2019

Credit growth of 14% a feasible target for 2019

The country’s credit growth target of 14 per cent set for this year, the same rate as last year, was reasonable and achievable, economists said.
SBV sets 2019 credit growth target at 14 per cent

SBV sets 2019 credit growth target at 14 per cent

The State Bank of Viet Nam had set a credit growth target for 2019 equivalent at 14 per cent, said SBV Deputy Governor Nguyen Thi Hong.
Exchange rate in 2018 stable despite pressure

Exchange rate in 2018 stable despite pressure

In 2018, the State Bank of Viet Nam (SBV) maintained active and flexible management of the exchange rate to keep the domestic market stable in the face of international pressure. SBV Deputy Governor Nguyen Thi Hong speaks to Vietnam News...
Consumers should learn about food safety to protect themselves: seminar

Consumers should learn about food safety to protect themselves: seminar

With unsafe foods becoming an increasing risk, it is important for people to know about safe and clean food to protect themselves, Nguyen Thi Hong Minh, president of the Association of Food Transparency, told a seminar in HCM City on...
Central bank takes no responsibility for black lending

Central bank takes no responsibility for 'black' lending

Some online lenders that offer very high interest rates are in fact a form of ‘black’ credit and the State Bank of Viet Nam is not responsible for management over such activities.
SBV focuses on flexibility to achieve economic goals

SBV focuses on flexibility to achieve economic goals

The State Bank of Viet Nam will tweak monetary policy this year to help achieve the targets set by the Government and National Assembly.
Central Bank targets 17 per cent credit growth

Central Bank targets 17 per cent credit growth

The State Bank of Viet Nam has set its sights on 17 per cent credit growth this year, slightly down from 18.17 per cent last year.
VNs central bank to keep currency stable: Official

VN’s central bank to keep currency stable: Official

Record-high foreign reserves will enable Viet Nam’s central bank to keep the dong, the local currency, stable for the rest of the year, Bloomberg quoted a central bank official as saying.
Banks circumventing rules on real estate loans

Banks circumventing rules on real estate loans

Relevant authorities should further monitor consumer lending as real estate loans were hidden in consumer loans, experts told Viet Nam Television.