State Bank
Borderless connection, a new step forward in payment infrastructure
|
Cross-border payments are a step forward in digital infrastructure. Vietnam has connected Thailand, Cambodia, Laos, but expanding to many countries still has barriers.
Speculation and profiteering cause instability in the gold market to be targeted by inspection
|
The Prime Minister requested strict handling and termination of violations... that caused instability in the gold market.
The State Bank coordinates with the Ministry of Public Security to manage the gold market
|
The State Bank will closely coordinate with the Ministry of Public Security, the Government Inspectorate and agencies to implement the management of the gold market.
The State Bank temporarily stops selling SJC gold to the market
|
The Deputy Governor of the State Bank said that the recent gold price increase was due to 3 main factors and is urgently completing a new operating mechanism for gold.
Inspectors of banks only mobilize but do not lend, do not let cash flow go into speculation
|
The Prime Minister requested that cash flow not be into speculation; inspect, check, and control banks that only mobilize without lending or lending little.
The State Bank proposes to eliminate debt suspension and tighten debt restructuring in agricultural credit
|
The State Bank announced a new draft Circular, proposing to remove the debt freeing regulation, at the same time tighten debt restructuring and supplement the loan grace mechanism.
Checking and handling credit granting to backyard enterprises
|
The Prime Minister requested measures to prevent, inspect and strictly handle acts of manipulation, cross-ownership, and credit granting to "backyard" enterprises.
2 public service units under the State Bank of Vietnam
|
2 public service units under the State Bank of Vietnam include the Banking Academy and Ho Chi Minh City Banking University.
The State Bank explains the fluctuations in domestic gold prices
|
According to the State Bank, domestic gold prices depend on world gold price developments. Recently, world gold prices have fluctuated continuously.
Transferring and appointing 2 Deputy Directors of the State Bank of Vietnam, Region 14
|
Can Tho - The State Bank of Vietnam, Region 14 branch, announced personnel and supported the elimination of temporary houses in the national social security program.
The State Bank appoints a series of key personnel at the Central and regional levels
|
In early July 2025, the State Bank appointed a series of officials to important positions at central agencies and regional branches.
lending interest rates decreased to 6.38%, the highest credit growth in 3 years
|
As of June 26, outstanding credit of the whole system reached over VND 16.9 trillion, up 8.3% compared to the end of 2024.
SJC Company talks about overcoming the recommendations of the State Bank
|
HCMC - On June 26, SJC Company informed about the State Bank's issuance of a number of recommendations to overcome errors and violations in gold trading activities.
Banks with heavy losses and special controls may have their charter capital deleted
|
The new Circular allows the State Bank to reduce all charter capital of a bank under special control if accumulated losses exceed the capital contribution and reserve fund.
Transferring 73 tasks and responsibilities in the financial sector from district to commune level
|
Deputy Prime Minister Ho Duc Phoc has just chaired a meeting on decentralization and delegation of authority associated with the division of authority in the fields of finance and banking.
