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dong deposits

Viet Nam enters home stretch in fight against dollarisation

Viet Nam enters home stretch in fight against dollarisation

From October 1 lenders including banks will not be allowed to provide medium- and long-term foreign currency loans to businesses to pay for imports. Many market observers said this is the State Bank of Viet Nam’s final step in its...
Vietcombank raises rates after a year

Vietcombank raises rates after a year

State-owned Vietcombank raised interest rates for long-term dong deposits last week after more than a year of rates remaining unchanged.
Lending rates likely steady as deposit rates higher

Lending rates likely steady as deposit rates higher

Lending interest rates will remain steady despite a recent upward trend in deposit rates, experts have forecast.
Lending rises by 11.8 per cent on track to hit annual target

Lending rises by 11.8 per cent on track to hit annual target

The total payment means by December 19 rose by 15.65 per cent, while credit rose by 11.8 per cent against late last year, announced the State Bank of Viet Nam (SBV).
Vietinbank slashes deposit rate cap

Vietinbank slashes deposit rate cap

Vietinbank slashed the ceiling interest rate for dong deposits, which apply to individuals who take loans for terms less than 36 months, by 0.2 percentage point on November 27.
Vietcombank slashes dong deposit rates

Vietcombank slashes dong deposit rates

The head office of Vietcombank slashed the annual interest rates for dong deposits by 0.2 percentage point for almost all terms on Monday, reported VnEconomy online.
Banks reduce interest rates on deposits

Banks reduce interest rates on deposits

Facing difficulties in lending, many commercial banks have reduced their interest rate on dong deposits.