ADB Country Director Andrew Jeffries has talked on the recent interest rate hike by the State Bank of Vietnam in the context of the Fed, ECB and a number of countries raising their rates to curb inflation.

What came as a surprise is that after two stressful weeks, the foreign exchange rate on August 29 showed signs of stabilizing though the U.S. dollar climbed further on global markets.

About 15 commercial banks have just been allowed to expand their credit limit by 1 percent to 4 percent by the State Bank, but this time expansion has not satisfied the market's thirst for capital after a long wait.

The State Bank of Vietnam (SBV) decided to sharply increase the selling price of the US dollar by 300 VND to 23,700 VND/USD on September 7.

The open market operations (OMO) have been more stable this month after the State Bank of Vietnam (SBV) reduced its intervention in the market.

The State Bank of Vietnam (SBV) is mulling over stricter lending regulations, especially to finance purchases of properties and stocks, according to inside sources.

Some recent reports have indicated that the monetary policy of the State Bank of Vietnam (SBV) is not in sync with the global trend.

The mechanism of granting credit room for each commercial bank is often called an administrative order by experts and it was proposed to remove this mechanism five to seven years ago after banks made new strides in the restructuring process.

The State Bank of Vietnam (SBV) has affirmed that it will apply a flexible monetary policy amid global uncertainties.

The State Bank of Vietnam will increase its interference in the foreign currency market and stay ready to pump money to the market more frequently.

The HCM City branch of the State Bank of Viet Nam has asked credit institutions to tighten the management on credit flow into the real estate sector and the transfer of money collected from real estate transactions abroad.

The State Bank of Vietnam (SBV) has recently sold US dollar forward for the first time since 2018 to support the liquidity of the foreign exchange market.

The State Bank of Vietnam (SBV) intends to establish the State Foreign Exchange Reserve Management Department due to the rise in foreign currency reserves.

Reports from the US Treasury Department reaffirming that Vietnam is not manipulating its currency for trade advantage is expected to benefit the stock and banking system.

Many banks have reached their respective credit limits in the first nine months of 2021.

The move is part of a national strategy to promote non-cash payment in Vietnam in the 2021-2025 period.

The State Bank and the Ministry of Transport led ministries and ministry-level agencies in the cyber security readiness rankings in 2020,

State Bank of Vietnam Governor Nguyen Thi Hong has sent a document replying to Ha Sy Dong, a National Assembly Deputy from the central province of Quang Tri, who spoke about property bubbles at the first session of the 15th NA on July 25.

The State Bank of Vietnam (SBV) has agreed to extend debt rescheduling for customers for a further six months.

Vietnam welcomes the US’s latest decision not to take any trade action against the nation concerning the Vietnam Currency Section 301 investigation.