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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...

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Some days ago, people had doubts about the possibility of forcing interest rates down. However, now they have every reason to believe interest rates will be lowered. VnnNews – Just some days ago, people had doubts about the possibility of forcing interest rates down. However, now they have every reason to believe interest rates...

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VnnNews – A recent report by the State Bank of Vietnam showed that consumer credit in the first five months of 2010 has not increased from the beginning of the year. VnnNews – A recent report by the State Bank of Vietnam showed that consumer credit in the first five months of 2010 has not increased from the beginning of the year.    High...

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VietNamNet Bridge – Real estate is swiftly becoming the most attractive investment opportunity for Vietnamese financiers. VietNamNet Bridge – Real estate is swiftly becoming the most attractive investment opportunity for Vietnamese financiers, especially as other areas of development become pricier and less desirable to investors.    Challenges...

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Some banks have lashed their interest rates again after SBV threatened to inspect banks applying deposit interest rates of 12 percent and higher. VnnNews – Some commercial banks have lashed their interest rates again after the State Bank of Vietnam (SBV) threatened to inspect banks applying deposit interest rates of 12 percent and higher.   Time...

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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...

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VnnNews – Though some commercial banks have cut their lending interest rates, borrowers still shy away. The interest rates applied by banks in January, February and MarchInterest rates lowered, but still high Deposit interest rates will also fall  The chairman of a joint stock bank said confidentially that the bank is considering...

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