Vietnam
Trial opens in Vietnam over alleged multi-billion dollar fraud
Accused include real estate tycoon and 15 former central bank officials
Former executives of troubled lender wanted by Vietnam police
Central bank is looking for investors to acquire failed Saigon Commercial Bank
Vietnam joins South-east Asian cross-border payment bloc
Six Asian central banks have joined forces to build faster and cheaper cross-border payments
Book notes: The crisis of democratic capitalism, by Martin Wolf
A sincere attempt to explain and fix the failing of capitalism in liberal democracies
US Treasury bolsters ties with Vietnam’s central bank
Treasury secretary Janet Yellen says US will promote “friendshoring” with Vietnam
State Bank of Vietnam cuts interest rates
Move comes after government’s call on the central bank to support businesses and economic growth
State Bank of Vietnam cuts interest rate
Central bank says Vietnam’s economic growth has faced difficulties
Vietnam cuts rates after PM demands real estate action
SBV cuts rates as property developers face growing debt problems
Banknotes: October to December 2022
A round-up of news and salient issues that have affected central bankers in the past three months
Vietnam’s central bank tells banks to lend to fuel companies
Mounting crisis sees petrol stations running out of fuel as oil and gasoline firms struggle to secure loans
Vietnamese governor tries to calm fears over banks
Nguyen Thi Hong says banks face liquidity bottlenecks and falling currency is causing pressure
Vietnam raises rates for second consecutive month
Move comes after SBV devalued currency against dollar as inflation is close to central bank target
State Bank of Vietnam expands exchange rate trading band
Move effectively allows the dong to fall further against a strong US dollar
Vietnam’s central bank reassures depositors amid bank run
Arrest of a prominent businesswoman triggers a run on a major Vietnamese bank
Russia’s Mir forced into retreat
Banks and payment systems across Asia banish Russian cards after US warnings
Vietnam and Taiwan raise interest rates after Fed hike
SBV raises key rate by 100 basis points, while Taiwan delivers modest 12.5bp hike
Crypto assets may threaten Asian stability, IMF officials warn
Rising correlation between crypto and equity markets poses financial stability risk, say economists
Cash, not trash: the second lives of substrate
Central banks and their banknote providers are taking a range of approaches to recycling cash
Vietnam developing crypto legal framework
Country banned crypto as a means of payment in 2017
Initiative: BoT and MAS’s PromptPay-PayNow link
Connecting the two nations’ instant payment systems is empowering citizens
Vietnam’s central bank warns of high inflation risk in 2022
Governor Nguyen Thi Hong admits bad debts have increased, as banks struggle with impact of Covid