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 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).
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.
Exchange rates will face pressure to rise this year due to an anticipated trade deficit, according to the National Financial Supervisory Commission (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).
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.
The National Financial Supervisory Commission (NFSC) will supervise
several State-owned enterprises (SOEs)''s financial health this year to
ensure efficiency.
The State Bank of Viet Nam needs to inject privileged capital into the
banking system to help credit institutions cut lending costs without
causing a systematic imbalance in interest rates.
The inflation rate in Viet Nam is expected to reach three to four per
cent this year barring any sudden increase in the prices of goods and
services, the Voice of Viet Nam (VOV) reported.