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State Bank raises interest rate roof

The State Bank of Viet Nam has decided to raise the ceiling interest rate for organisations dollar deposits by between 0.2 and 0.3 per cent with the aim of reducing their losses as the US dollar interest rate rises internationally.


SBV lifts ceiling for EU banks' capital mobilisation

Deputy Governor of the State Bank of Vietnam Tran Minh Tuan has signed a decision to adjust the rate of capital that the banks of the European Union (EU) can raise in Vietnam.


Integration exerting pressure on financial and monetary policies

During year 2004, economic experts continually alarmed that Vietnam’s economy depended too much on the world market as it suffered from shocks caused by increase in prices of steel, fertilizer, cement, gold, oil, etc.



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