Le Minh Hung

Update news Le Minh Hung

Victorious artist: 40 years as a woman in disguise

Every Lunar New year, a man impersonates a traditionally dressed woman and immerses himself in a ritual dance to pray for blessings for everyone.

VN central bank aims to keep inflation below 4% again

The State Bank of Vietnam aims to again curb the inflation below 4 percent and sustain the monetary market this year, SBV Governor Le Minh Hung told a teleconference of the banking sector in Hanoi on January 2.

Credit growth expanded 7.33 percent in H1

The banking sector reported a credit growth of 7.33 percent in the first half of this year compared to the end of 2018, Governor of the State Bank of Vietnam (SBV) Le Minh Hung said.

Forex reserves reach highest level to date

The State Bank of Vietnam (SBV) obtained a large amount of foreign currencies in the first half of 2019, pushing foreign exchange reserves recorded in the period to the highest level to date.

Vietnam central bank enhances measures against loan sharks

Governor of the State Bank of Vietnam Le Minh Hung on Monday instructed agencies to rapidly research and propose new policies to enable the expansion and diversification of lending and bank services with the aim of fighting loan sharks.

 

Vietnam’s economy 2019: ‘basket of paddy’ and ‘credit leverage’

The Governor of the State Bank of Vietnam (SBV), Le Minh Hung, is standing firm on low credit growth. This is also an issue that S&P emphasized in in its latest report.

What will banks do when their credit quotas run out?

Many banks have had credit growth rates near the ceiling set by the State Bank (SBV), which has warned that it will not consider lifting the rate ceiling for any bank.

New law prevents businesspeople from chairing both banks and companies

The Law on Amending and Supplementing a number of Articles of the Law on Credit Institutions was ratified by the National Assembly on November 20 and will take effect on January 15, 2018. 

Is bitcoin trading prohibited in Vietnam?

VietNamNet Bridge - State management agencies still have not agreed on a way to manage bitcoin and other kinds of digital currencies.

10 outstanding events in the banking sector in 2016

VietNamNet Bridge - Le Minh Hung, the youngest governor in the history of the banking sector, took office in April 2016.

What has SBV’s Governor done in 3 months on the ‘hot seat’?

VietNamNet Bridge - The Governor of the State Bank of Vietnam (SBV), Le Minh Hung, has been in office for only three months, but he has been active in regulating monetary policy.

VN Central Bank keeps eye on credit growth

 The State Bank of Vietnam (SBV) will closely watch credit growth and direct the credit flow into production in the remaining months of this year.

Increase in oil exploitation won’t help GDP: economists

VietNamNet Bridge - In the context of global oversupply and unstable oil prices, oil & gas exports must not be seen as the lifebuoy for the Vietnamese economy.

Restructuring credit institutions top priority: State Bank's Governor

 The State Bank of Vietnam's Governor Le Minh Hung talks about the opportunities and challenges that the banking system will face in the near future.

NA deputies have great expectations for newly-elected State Bank Governor

Approved by the National Assembly as the Governor of the State Bank of Vietnam with a majority of votes on Saturday, Le Minh Hung is the youngest-ever leader of the central bank of Vietnam.