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Le Duc Thuy, Chair of the National Finance Supervision Council, commented that the credit growth rate of the whole banking system in the first six months was too low VnnNews – Le Duc Thuy, Chair of the National Finance Supervision Council, commented that the credit growth rate of the whole banking system in the first six months was too...

Tags: Credit Growth, Credit Growth Rate, Currency Credit, Exchange Rate, Foreign Currencies, Foreign Currency, Foreign Currency Credit, Growth Rate, In Foreign Currencies, Interbank Market, Interest Rates, Le Duc Thuy, Outstanding Loans, The Capital, The Dong, The Interbank, The Interbank Market, The National

VnnNews – The dollar purchase prices quoted by commercial banks now tend to increase VnnNews – The dollar purchase prices quoted by commercial banks now tend to increase, though the sales prices remain at ceiling levels. Businesses complain that they meet difficulties when trying to buy dollars.   Shipping companies refuse...

Tags: By Commercial Banks, Commercial Banks, Dong Per, Dong Per Dollar, Foreign Currencies, Higher Than The, In Foreign Currencies, Of The Year, Per Dollar, The Dollar, The Year

VnnNews – Financial experts believe that a foreign currency loan growth rate rising much higher than the Vietnam dong loan growth rate would be abnormal. VnnNews – Financial experts believe that a foreign currency loan growth rate rising much higher than the Vietnam dong loan growth rate would be abnormal. After rocky spell,...

Tags: Currency Loan Growth, Foreign Currencies, Foreign Currency, Foreign Currency Loan, Foreign Currency Loan Growth, Foreign Currency Loans, In Foreign Currencies, Loan Growth, Loan Growth Rate, The Dong

VnnNews – Businesses are busy buying dollars to pay their debts at the end of the year. VnnNews – Businesses are busy buying dollars to pay their debts at the end of the year. Right now the dollar price is relatively low, but many fear it will become more expensive in the last months of 2010.    Banks join forces to...

Tags: Dollar Price, Foreign Currencies, Foreign Currency, In Foreign Currencies, In The Last, In The Last Months, Last Months, The Dollar, The Dollar Price, The Last, The Last Months

VietNamNet Bridge – SBV has confounded critics who said Vietnam’s currency was getting out of control. VietNamNet Bridge – SBV has confounded critics who said Vietnam’s currency was getting out of control.   Dollar price rises before Tet Dong/dollar exchange rate soars again < />Dong/dollar 2010 exchange rate unpredictable  The...

Tags: Dollar Exchange Rate, Dong Dollar, Dong Dollar Exchange, Dong Dollar Exchange Rate, Exchange Rate, Foreign Currencies, Foreign Currency, Foreign Currency Loans, In Foreign Currencies, The State Bank

VnnNews – SBV Governor Nguyen Van Giau has threatened to discipline commercial banks acting contrary to the Government’s instructions to ease interest rates. VnnNews – Denying the possibility of a tightened monetary policy, State Bank of Vietnam (SBV) Governor Nguyen Van Giau, in an interview with VnExpress, has also threatened...

Tags: Commercial Banks, Credit Growth, Credit Growth Rate, Eight Percent, First Five, First Five Months, Five Months, Foreign Currencies, Growth Rate, In Foreign Currencies, In The First, In The First Five, Interest Rates, Monetary Policy, Non Production Sector, Outstanding Loans, State Bank, the first, The First Five, The First Five Months, The Non Production, The Non Production Sector, The State, The State Bank

VnnNews – Indicators suggest that businesses now have less of a preference for loans in foreign currencies. VnnNews – Indicators suggest that businesses now have less of a preference for loans in foreign currencies. “Provident” businesses, which do not have income in foreign currencies, have shifted to borrowing in...

Tags: Currency Loans, Foreign Currencies, Foreign Currency, Foreign Currency Loans, In Foreign Currencies, Interest Rate, Interest Rates, Lending Interest Rate, Of The Dong, Per Annum, Percent Per, Percent Per Annum, The Dong

Economist Nguyen Dai Lai urges drastic measures to fight what he believes to be the germ of high inflation. Lai is the Deputy Director of the State Bank’s Banking Strategy Department.  He told Tien Phong reporters that Vietnam ought to follow very strict administrative measures to fight inflation.  He suggests formation of...

Tags: Currency Reserve Fund, Foreign Currencies, Foreign Currency, Foreign Currency Reserve, Foreign Currency Reserve Fund, In Foreign Currencies, National Foreign Currency, National Foreign Currency Reserve, The Dong, The Local Currency, The State Bank, Tien Phong