VNStockNews.com – The State Bank of Vietnam (SBV) has approved the proposal of Hanoi Building Commercial Joint Stock Bank (Habubank) to make list its shares on the Hanoi Stock Exchange (HNX), said SBV governor Nguyen Van Giau.

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Habubank receives central bank’s nod to make IPO

The World Bank (WB) and the State Bank of Vietnam on July 15 signed in Hanoi a credit worth US$100 million to help improve the capacity of Vietnamese governmental agencies.

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WB helps improve governmental agencies’ capacity

Commercial banks have reported satisfactory profit for the first half of the year and they keep optimistic about the operation in the second half of the year. Experts said that banks’ satisfactory profit in the first six months of the year is not a surprise at all. They said the business environment in the first half of the year was good, and this created the most favorable conditions for banks to reap profit

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Commercial banks report satisfactory profit for H1

The foreign exchange situation as reflected in international payments and currency supply and demand was stable, the State Bank of Viet Nam said in a statement issued yesterday in response to rumours that the system was short of US dollars. The rumours helped drive the dollar up 1.32 per cent against the dong between June 23 and July 2 on the black market to VND19,140 per dollar

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Central bank denies rumours, says US dollar supply stable

Viet A Commercial Joint Stock Bank (VietABank) announced on July 12, 2010 the bank’s business results in the first half of this year as well as the plan for the coming six months. In details, within the period of Jan-June, VietABank announced to gain total raising capital of 14.1 trillion dong and outstanding credit of 12.15 trillion dong

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VietABank mobilises capital of 14.1tr dong in first six months

Deputy Head of the Monetary Policy Department under the State Bank of Vietnam Nguyen Danh Trong said that Vietnam’s monetary market is expected to remain stable in the second half of this year, the Vietnam News Agency reported Monday.

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Vietnam’s monetary market to remain stable in H2: central bank

Total credits of local banks at the end of June rose 11.36% from end-2009 while total deposits grew 14.64%, according to a data from the State Bank of Vietnam. The credit growth is on track to reach a full-year target of 25%, fuelling the country’s efforts to secure an economic growth of 6.5% in 2010

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Vietnam H1 Credit Growth +11.36%, Deposits +14.64%

The so-called black market exchange rate for the currency reached 19140 per dollar on July 2, from 18890 on June 23, the State Bank of Vietnam said, without giving a current level. The dong traded at 19175 in the black market, …

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Vietnam Says Recent Dong Weakening 'Unreasonable' – Vietnam …

The State President Office announced the promulgation of three laws on credit institutions, State Bank of Vietnam and taxes on the use of non-farm land at a press briefing on July 7. The 10 chapter, 163 article Law on Credit Institutions legalises State and Party stances and policies on the development of creditors’ systems and operations. It is a good revision of and update on a similar law approved in 1997

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Three new money-bound laws promulgated

The State Bank of Vietnam (SBV) has approved the proposal of SBV-Hanoi Branch for increasing chartered capital of Saigon-Hanoi Commercial Joint Stock Bank (SHB) from two trillion dong to 3.5 trillion dong.

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SHB gets approval for increasing chartered capital to 3.5tr dong