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GDP growth in 2019 likely to reach 7 per cent: experts

GDP growth in 2019 likely to reach 7 per cent: experts

GDP growth rate is likely to reach a decade high of around 7 per cent in 2018 and maintain the pace next year, according to the National Financial Supervision Committee (NFSC).
Exchange rates rise, credit stationary

Exchange rates rise, credit stationary

Exchange rates for both the central bank and other commercial banks rose slightly in February, while the credit sector showed little significant change, said the National Financial Supervisory Commission (NFSC).
Consumer lending in VN surged 65% in 2017

Consumer lending in VN surged 65% in 2017

Consumer lending in 2017 surged sharply by 65 per cent compared to 50.2 per cent in 2016, according to estimates of the National Financial Supervisory Commission (NFSC).
Bank profits enable rate cuts

Bank profits enable rate cuts

The banking sector''s profits were anticipated to rise significantly in 2017, driven by the handling of bad debts and the recovery of the property sector.
Stock market capitalisation equals 61% of VNs GDP

Stock market capitalisation equals 61% of VN’s GDP

Total value of stock market capitalisation in the first 10 months was equal to 61 per cent of Viet Nam’s gross domestic product, the National Financial Supervisory Commission (NFSC) reported.
2017 GDP growth target of 6.7% in sight: NFSC

2017 GDP growth target of 6.7% in sight: NFSC

The National Financial Supervisory Committee (NFSC) anticipates gross economic growth of Viet Nam in 2017 will be more than 6.7 per cent.
Eight-month credit growth rate touches 11.5%

Eight-month credit growth rate touches 11.5%

Credit growth rate in the first eight months of 2017 has been estimated at 11.5 per cent compared to the end of 2016, the National Financial Supervisory Commission (NFSC) reported.
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.
Consumer loans rise nearly 30% by end May

Consumer loans rise nearly 30% by end May

Consumer lending by end May rose 29.7 per cent against the end of 2016, the National Financial Supervisory Commission (NFSC) has said.
Inflation expected at 2.6 per cent this year

Inflation expected at 2.6 per cent this year

The country’s inflation this year is forecast at 2.6 per cent if there is no surge in the world’s goods prices and no adjustment of the public services, said the National Financial Supervisory Commission (NFSC).
Deficit to pressure exchange rates

Deficit to pressure exchange rates

Exchange rates will face pressure to rise this year due to an anticipated trade deficit, according to the National Financial Supervisory Commission (NFSC).
Rising import value caused rates to fluctuate: NFSC

Rising import value caused rates to fluctuate: NFSC

The fluctuation of foreign exchange in the first quarter was due to a sharp rising import value, according to the National Financial Supervisory Commission (NFSC).
Credit grows 1% in January: NFSC

Credit grows 1% in January: NFSC

The National Financial Supervisory Commission (NFSC) has reported that credit in the first month of the year saw a growth rate of 1 per cent, the highest month-on-month increase over the past five years.
Dong interest rates to rise 1% in 2016

Dong interest rates to rise 1% in 2016

Deposit interest rates in the Vietnamese đồng this year are expected to rise 1 per cent against last year, according to a report from the National Financial Supervisory Commission (NFSC).
Markets vital for VNs development: official

Markets vital for VN's development: official

Intensifying the scale and health of the financial market should be one of the top priorities for Viet Nam in its ongoing economic restructuring process, a finance official said.