More steps to be taken to downsize foreign currency loans Commercial banks will no longer allow the provision of mid- and long-term foreign currency loans for offshore payments of imported goods and services from September 30 this year.

Vietnamese travelers abroad still prefer cash: survey Việt Nam’s outbound tourists, who still prefer paying in cash, could surpass the number of Thailand's in the next decade, according to a report from the tourism consulting firm Outbox Consulting.

Gold market demand quiet despite recent strong gains

Gold prices on global markets have made strong gains in the past two months, but investors with short-term appetite seem uninterested in gold.

Credit institutions expect improvemed business results Under the business sentiment survey conducted in June, which covered all domestic and foreign banks in the country, many banks also expect an upward trend in their business for the whole of 2019.

Foreign currency lending abolished – impact on enterprises Enterprises can borrow money in Vietnamese đồng (VNĐ) and then purchase foreign currency for payment when they need the capital to import input materials, say commercial banks.

Credit growth expanded 7.33% in H1 2019: SBV Governor The credit growth of Vietnamese banks in the first half of this year expanded by 7.33 per cent against the end of 2018, Governor of the State Bank of Việt Nam (SBV) Lê Minh Hưng said.

Việt Nam willing to work with the US on currency issues: SBV The State Bank of Việt Nam (SBV), in conjunction with other Vietnamese ministries and agencies, will continue to share information with the US Treasury Department and co-operate to tackle issues of concern.

US won’t label Việt Nam a currency manipulator The US is refraining from labelling Việt Nam a currency manipulator based on new data the country had provided to the Treasury Department.

SBV’s many tools to regulate currency exchange rates

Experts say Việt Nam has many weapons in its armoury to stabilise exchange rates.

Securities companies begin brokerage war as Govt scraps minimum rate Stockbrokers’ revenues are expected to fall sharply after a price war broke out among them in the wake of Circular No 128/2018/TT-BTC, which took effect last February.