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Dao Minh Tu

Credit growth target is within reach to contribute to boosting economic growth: SBV

Credit growth target is within reach to contribute to boosting economic growth: SBV

Another important factor is to increase the capital absorption capacity of enterprises which will require a combination of macro policies to favourable conditions for businesses, SBV''s Deputy Governor Đào Minh Tú said.
Social housing credit package to be made more preferential to increase disbursement

Social housing credit package to be made more preferential to increase disbursement

Statistics of the State Bank of Việt Nam’s Credit Department showed that to date, VNĐ1.344 trillion from the social housing credit package has been disbursed, 96.4 per cent of which was provided to project’s developers, while just a modest sum...
SBV has not tightened credit into real estate: deputy governor

SBV has not tightened credit into real estate: deputy governor

Deputy Governor of the State Bank of Viet Nam Dao Minh Tu dismissed the recent rumours from some associations that the central bank has been squeezing loans for this sector.
Banking sector focuses credit on priority fields in 2022

Banking sector focuses credit on priority fields in 2022

In 2022, the banking sector will continue to favourable conditions for liquidity in the economy. Deputy Governor of the State Bank Dao Minh Tu speaks to the Vietnam News Agency about these issues.
Risky to invest in forex trading plaforms: Deputy Governor

Risky to invest in forex trading plaforms: Deputy Governor

Forex trading via investment platforms had not been licensed in Viet Nam, posing significant risks to investors.
Banks urged to diversify loan products, aiming to keep people away from black credit

Banks urged to diversify loan products, aiming to keep people away from black credit

Commercial banks should diversify their loan products, lower interest rates and simplify procedures to improve accessibility to official credit channels in an effort to keep people away from illegal sources.
E-wallets owners must complete the identity verification before July 7

E-wallets owners must complete the identity verification before July 7

Deputy Governor of the State Bank of Viet Nam Dao Minh Tu has said July 7 is the deadline for e-wallet owners to complete the identity verification.
State bank to remove barriers to preferential-loan access

State bank to remove barriers to preferential-loan access

The State Bank will consider simplifying lending procedures to help COVID-19-affected firms easily access preferential interest rate loans.
HCM City banking sector urged to keep bad debts low

HCM City banking sector urged to keep bad debts low

Commercial banks and credit institutions in HCM City need to continue to restructure and strengthen control of credit quality to prevent a return to the days of high bad debt ratios.
Central bank says small companies should be able to access bank loans

Central bank says small companies should be able to access bank loans

A conference meant to link up banks with companies in the Mekong Delta was held in Can Tho City on August as part of efforts to ease the difficulties small and medium-sized enterprises in the region have in accessing credit.
State Bank to continue administrative reform

State Bank to continue administrative reform

Deputy Governor of the State Bank of Viet Nam (SBV) Dao Minh Tu said that SBV would continue to enhance administrative reform in the near future, with a focus on improving the business environment in monetary and banking fields, and...
Banks need further administrative reforms: conference

Banks need further administrative reforms: conference

More administrative reform is needed in the banking industry to make it easier for businesses and individuals to get credit, experts told a conference in HCM City on May 16.
Higher limits could help end loan-sharking: experts

Higher limits could help end loan-sharking: experts

Increasing the limits of unsecured loans given by banks will prevent people from approaching loan sharks, an online conference hosted by the State Bank of Viet Nam (SBV) heard on Wednesday.
Microfinance crucial for financial inclusion: SBV

Microfinance crucial for financial inclusion: SBV

The State Bank of Viet Nam (SBV) will continue fine-tuning policies on microfinance to achieve the nation’s financial inclusion target, SBV Deputy Governor Dao Minh Tu said at a forum on microfinance held in Ha Noi on Wednesday.
Banks cut fees to improve business climate

Banks cut fees to improve business climate

Banks have cut service fees in response to the Government’s push to improve the business environment, deputy governor of the State Bank of Viet Nam (SBV) Dao Minh Tu said on Thursday.