The State Bank of Việt Nam (SBV) bought US$8.35 billion from credit institutions between the beginning of this year and April 17 to build up the nation’s foreign reserve.
The State Bank of Việt Nam (SBV) has asked control over real estate loans of credit institutions to be enhanced, especially in areas showing signs of land price fevers.
The Government should help Vietnamese banks lure capital and experience from prestigious foreign banks so as to help local firms develop sustainably, experts said.
Governor of the State Bank of Việt Nam Lê Minh Hưng issued a document early this week to ask co-operation from local authorities in expanding credit, part of efforts to prevent loan sharking.
The State Bank of Việt Nam (SBV) has urged credit institutions to ensure adequate funds to meet the capital demands of rice exporters for the winter-spring crop this year.