Total lending of the banking sector for securities trading has reached VNĐ10 trillion (US$444.4 million), according to State Bank of Việt Nam (SBV) governor Lê Minh Hưng.
People in 14 provinces across Việt Nam will get access to more financial products and services in the next three years.
In contrast to Vietcombank’s move to cut deposit interest rate a week ago, two other large State-owned commercial banks -- Vietinbank and BIDV -- this week announced they were raising the rate.
The National Assembly voted on an amended version of the country’s Law on Credit Institutions on Monday.
There is huge potential for co-operation between Việt Nam and Tatarstan, a federal subject of the Russian Federation, in many sectors, its leader has said.
The Bank for Foreign Trade of Việt Nam (Vietcombank) on Monday was estimated to receive VNĐ342.6 billion (US$15.2 million) from selling its entire stakes in the Saigon Bank for Industry and Trade (SaigonBank) and Việt Nam Cement Finance Company (CFC).
The 47th ASEAN Banking Council Meeting, hosted by the Việt Nam Banks Association (VNBA), is scheduled to take place at Furama Resort in central Đà Nẵng City on November 23-24.
From December 1 this year Vietnamese who can show a minimum income of VNĐ10 million (US$440) a month can gamble in casinos.
Strong economic growth since 2015 has created a thriving domestic property market that is likely to continue next year, said Construction Minister Phạm Hồng Hà.
State Bank of Việt Nam (SBV) Governor Lê Minh Hưng expressed confidence that the central bank would maintain the stability of the đồng/dollar exchange rate.