SBV requests control on foreign currency loans

Tuesday, Aug 14, 2018

Governor of the State Bank of Viet Nam (SBV) Le Minh Hung has recently directed the entire banking industry to strictly control foreign currency lending to better minimise dollar speculation and fight against dollarisation in the economy.

Foreign exchange reserves skyrocket

Wednesday, Jun 22, 2016

Viet Nam''s foreign exchange reserves, exclusive of gold, reached a record high of US$38 billion in mid-June, said State Bank of Viet Nam Governor Le Minh Hung.

ADB loans $50m for tourism infrastructure

Wednesday, Nov 26, 2014

The Asian Development Bank (ADB) and the Vietnamese Government yesterday afternoon signed a US$50-million loan agreement to upgrade Viet Nam''s tourism infrastructure.

SBV borrowers asked to report overcharging

Thursday, Sep 25, 2014

The State Bank of Viet Nam Governor Nguyen Van Binh has asked borrowers to report any instance of banks overcharging them for early loan repayments.

SBV Governor plans flexible monetary policy for H2

Thursday, Jul 10, 2014

State Bank of Viet Nam''s Governor Nguyen Van Binh is planning a more flexible monetary policy in the second half of this year to achieve credit growth of 12 to 14 per cent by year-end.

SBV to reduce number of commercial banks

Monday, Feb 24, 2014

Viet Nam''s economy scale would be fine with 14-17 domestic commercial banks instead of 30, State Bank of Viet Nam Governor Nguyen Van Binh told The Sai Gon Times.