Tuesday, December 12, 2017 10:57:54 PM - Markets closed
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Banking & Finance
The State Bank of Vietnam set the daily reference VND/USD exchange rate at 22,450 VND/USD on December 12, down 4 VND from the rate on December 11.   Full Article
Reference exchange rate up at week’s beginning  11/12
The State Bank of Vietnam set the daily reference VND/USD exchange rate at 22,454 VND/USD on December 11, up 2 VND from the rate on the final day of last week (December 8).
Reference exchange rate revised up 7 VND  08/12
The State Bank of Vietnam raised the daily reference VND/USD exchange rate by 7 VND to 22,452 VND per USD on December 8.
First Vietnamese bank completes Basel II project  07/12
The Orient Commercial Joint Stock Bank (OCB) has become the first Vietnamese bank to complete the implementation of a Basel II project, equipping it with the infrastructure of a modern and safe bank that meets capital, supervisory review and transparency requirements
Reference exchange rate adjusted up 2 VND  07/12
The State Bank of Vietnam set the daily reference VND/USD exchange rate for December 7 at 22,445 VND/USD, up 2 VND from the previous day.
Reference exchange rate goes up 4 VND  06/12
Credit growth reaches 15.3% in 11-month period  05/12
The credit growth in November rose 2.8 per cent against the previous month, pushing the total rise in the 11 months of this year to 15.3 per cent.
Banks beset by long-term accumulated losses  05/12
Numerous financial institutions such as Eximbank, Vietbank, CB Bank, Oceanbank, and GP Bank have failed in scraping away their million-dollar accumulated losses despite their ever-growing profitability over the past first three quarters of 2017, causing major concerns to shareholders.
Reference exchange rate down at week’s beginning  04/12
The State Bank of Vietnam set the daily reference VND/USD exchange rate at 22,429 VND/USD on December 4 – the first day of the week -, down 9 VND from the rate at the end of last week.
Vietnam Aims to Raise $4.8 Billion Selling Stake in Brewer  01/12
Vietnam is seeking to raise at least $4.8 billion in the country’s biggest stake sale as an offering in a state-run brewer attracts potential bidders including Anheuser-Busch InBev NV and Asahi Group Holdings Ltd.
Reference exchange rate goes up 5 VND  01/12
The State Bank of Vietnam set its reference VND/USD exchange rate at 22,438 VND/USD on the morning of December 1, up by 5 VND from the day ago.
Moody’s upgrades Vietnam’s banking sector outlook  01/12
Moody’s Investors Service has changed its outlook for Vietnam’s banking system for the next 12-18 months, shifting it from stable to positive.
Ministry targets US$5 billion from sale of Sabeco stake  01/12
The State will sell more than 343 million shares in Saigon Beer-Alcohol-Beverage Corporation (Sabeco) at VND320,000 each, fetching an estimated VND110 trillion, or nearly US$5 billion.
Reference exchange rate up 8 VND  20/04
The daily reference exchange rate for VND/USD was set at 22,330 VND on April 20, up 8 VND from the day before.
State Bank works to maintain stable interest rates  19/04
The State Bank of Vietnam (SBV) will work to maintain interest rate stability, enabling firms to access credit for their production and business, SBV Governor Le Minh Hung has said.
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