Viet Nam's non-performing loans (NPL) can be managed even though they might be as high as 10 per cent, says an economist with the Standard Chartered Bank.

The capital city will support post-investment interest rates for medium and long term loans (from one year and longer) in Vietnamese dong for enterprises headquarter-ed in the city.

The rates of return received from investing in government bonds (G-bonds) declined in the past two months. However, market insiders believe this will help boost credit growth.

The decline of the stock market eased yesterday with indices falling below one per cent.On the HCM City Stock Exchange, the VN-Index slid 0.4 per cent to reach 478.07 points.

Commercial banks continue recruiting more officers, and though the average income decreased in 2012, bank officers still had sky high monthly salaries, which were the dream of the workers in [ … ]

The major purpose of the gold bidding is to stabilize the market. However, the goal remains unattainable after 6 bidding sessions were organized.

The State Bank of Vietnam has unexpected allocated the credit growth rate quotas to commercial banks. The disbursement for the national economy must not be higher than 12 percent in 2013.

 Early this year, Fitch Ratings affirmed Viet Nam's sovereign rating at B+ with a stable outlook. With Viet Nam determined to restructure the whole economy with a focus on the banking s [ … ]

The State Bank of Vietnam (SBV) will sell gold until banks no longer need the precious metal with the hope that the gap between local and global gold prices will narrow, stated a senior sour [ … ]

Currently, Vietnam’s interest rates on loans are still highest in the region despite strenuous efforts by the State Bank of Vietnam (SBV) to adjust them since mid-2012.