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Central bank required to consider proposals on Basel III application

Central bank required to consider proposals on Basel III application

The direction is under the newly-issued Prime Minister's Directive 09/CT-TTg on the tasks and solutions of State-owned enterprises (SOEs) to contribute to the Government’s double-digit economic growth target.

Central bank injects more than 5 trillion VND into market

After many consecutive sessions of net withdrawal, the State Bank of Vietnam (SBV) last week net injected more than 5.09 trillion VND (199.7 million USD) through the open market operation (OMO) and bill channels to support liquidity in the banking system.
Reference exchange rate inches up 9 VND on March 11

Both Vietcombank and BIDV raised their buying and selling rates for the US dollar by 10 VND from March 10.

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