Reference exchange rate continues downward on October 1
The State Bank of Vietnam set the daily reference exchange rate at 25,624 VND/USD on October1, down 3 VND from the previous day.
Reference exchange rate goes down on September 8
The opening-hour buying and selling rates at major commercial banks also saw decreases.
PM meets leaders of commercial banks on Vietnam Entrepreneurs’ Day
Prime Minister Pham Minh Chinh on October 16 met with presidents and general directors of commercial banks on the occasion of Vietnam Entrepreneurs' Day.
Commercial banks race to fund green energy projects
Commercial banks are rushing to provide loans for green energy projects amid a wave of investment in the growing industry, dubbed a landmark for the country’s renewable energy outlook.
SOEs to divest from banks on positive market outlook
Many State-owned enterprises (SOEs) are seeking to divest from commercial banks this year, as forecasts for the local stock remain positive.