Commercial banks have committed to lower deposit and lending rates to support economic growth and manage inflation risks at the meeting with Governor of the State Bank of Việt Nam Phạm Đức Ấn on April 9.
Banks must continue publicly disclosing average lending rates, the spread between deposit and lending rates, and interest rates of credit schemes and packages on their websites, making it easier for individuals and firms to access capital.
The maximum credit exposure for a single borrower would not exceed 38 per cent of a bank’s owned capital, while lending to a borrower and related parties would be capped at 52 per cent of bank capital when financing large...
A draft circular proposes increasing the threshold to VNĐ400 million for loans issued by credit institutions and VNĐ200 million for those provided by people’s credit funds.
In the coming period, the SBV will adjust interest rate policy in line with macroeconomic conditions and inflation trends, and require credit institutions to publicly disclose lending rates to improve transparency.
The Asian Development Bank (ADB) and the State Bank of Vietnam (SBV) jointly launched a $2 million initiative on green banking capacity development, aiming at helping Việt Nam scale up green and climate finance, the ADB said on Friday.
Directive 01/CT-NHNN sets a 4.5 per cent inflation goal and targets around 15 per cent credit growth to safeguard macro stability and sustainable growth.
Under Document 951/NHNN-TD issued on Tuesday, SBV has asked commercial banks, branches of foreign banks and SBV’s regional offices in areas affected by storms to promptly restore operations and support affected customers.
In a draft Circular now under consultation, the central bank outlines measures to identify, assess and contain systemic risks in the monetary, banking and financial sectors.
Việt Nam wants to receive support from international financial organisations, including SWIFT, so that its international financial centre could be aligned with global financial system.
The country recorded a high surplus of the current account balance, which reached US$8.72 billion in the second quarter of 2025, an increase of 120 per cent compared to the first quarter of 2025.
The Vietnamese Government is giving one-time payment of VNĐ100,000 per person as a gift on the 80th anniversary of the August Revolution and National Day. With around 107 million people, the budget was estimated at nearly VNĐ11 trillion ($417.53 million).
The State Bank of Việt Nam has proposed that all international electronic money transfers valued at US$1,000 or more within the country’s forthcoming international Financial Centre (IFC) must be reported to strengthen monitoring mechanisms and anti-money laundering (AML) efforts.