Last updated: Friday, January 20, 2012
Many banks in Vietnam fear that bad debts could rise this year.
Many banks in Vietnam say dealing with bad debts rather than credit growth is going to be a priority task for 2012.
According to the Dau Tu (Investment) newspaper, even large banks in the country fear that bad debts could rise this year.
State-owned Bank for...
Last updated: Friday, December 30, 2011
Strong small banks should be allowed greater lending growth
A local commercial bank’s employee counts money next to piles of dong notes in Hanoi on Monday
The application of different credit caps on different banks based on their operational capacity is expected to correct...
Last updated: Friday, September 9, 2011
The central bank has capped credit growth at 20 percent this year
The National Financial Supervisory Committee says Vietnam’s credit growth target should be revised down to 15 percent to ensure loans do not expand too fast in the next few months, putting economic stability at risk.
The central bank has capped credit...
Last updated: Thursday, August 11, 2011
There is room for as much as VND300 trillion for additional credit
Slow credit growth in the first seven months of this year has left room for banks to start boosting lending, but bankers say it’s not that easy.
While large banks no longer have enough money to lend out, smaller lenders with ample funds have used up...
Last updated: Friday, July 15, 2011
As inflation slows and liquidity improves, the high dong deposit rates offered by commercial banks could fall slightly in the coming months, Nguyen Thi Mui, a member of the National Advisory Council for Financial and Monetary Policies, tells Thanh Nien Weekly.
Thanh Nien Weekly: Firms say that interest rates...
Last updated: Monday, May 23, 2011
Vietnam posted credit growth of more than 5 percent in the first four months
The State Bank of Vietnam has banned foreign bank branches from setting credit growth targets of higher than 20 percent, persisting with a tight monetary policy to fight inflation.
According to a statement dated Friday, the central bank said most...
Last updated: Friday, February 25, 2011
An investor checks stock movements at an exchange in Ho Chi Minh City.
Many investors have dumped shares this week as news of a power price hike starting March triggered inflation worries.
In addition, the slower credit growth target could restrict lending for investment in the stock market, experts say.
The Ho Chi Minh Stock...
Last updated: Friday, September 24, 2010
Consumer price index (CPI) increases in Hanoi and HCM City in September are both higher than in previous months
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VnnNews – Consumer price index (CPI) increases in Hanoi and HCM City in September are both higher than in previous months, which has raised concerns that inflation for the whole country in September and during the last...
Last updated: Sunday, September 19, 2010
VnnNews – A number of leading commercial banks expect to reach their profit targets before year’s end, but concerns remain about difficulties . . .
VnnNews – A number of leading commercial banks expect to reach their profit targets before year’s end, but concerns remain about difficulties in achieving necessary levels...
Last updated: Wednesday, August 4, 2010
Seafood export values to increase; Quang Ngai province welcomes more investors; Credit growth nears 13 percent
Seafood export values to increase < />
The total export value of seafood is expected to increase by 13.4 percent to 4.8 billion USD this year, the Ministry of Agriculture and Rural Development’s...
