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Deputy governor of the State Bank of Viet Nam 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.
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.
Viet Nam needs more ADB funding for private sector

Viet Nam needs more ADB funding for private sector

Viet Nam is persuading international financial institutions, including the Asian Development Bank (ADB), to expand their funding for the local private sector and reduce government guarantees for those activities, since Viet Nam is among the countries that will stop being...