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HCMC branch of Crédit Agricole Corporate and Investment Bank allowed to conduct debt trading

The Governor of the State Bank of Vietnam (SBV) issued Decision No. 103/QĐ-NHNN on February 2, 2012 to revise the License of Ho Chi Minh City (HCMC) Branch of Crédit Agricole Corporate and Investment Bank.(07/02/2012)

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MB allowed to conduct banking custody

The Governor of the State Bank of Vietnam issued Decision No. 104/QD-NHNN on February 2 to extend operational coverage of the license of the Military Joint – Stock Commercial Bank (MB). (07/02/2012)

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Macro-economic stabilization and inflation curbing-top goals for 2012

Ministries, agencies and localities need to focus on tackling problems, dignifying sense of responsibility, activeness and creativeness as well as bringing into full play advantages to achieve socio-economic development goals set for 2012. (06/02/2012)

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Korea Development Bank permitted to open rep. office in HCMC

The Governor of the State Bank of Vietnam (SBV) issued Document No. 24/GP-NHNN on February 1, 2012 to allow the Korea Development Bank (KDB) to open a Representative Office in Ho Chi Minh City (HCMC). (03/02/2012)

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Several credit institutions are to make reserve requirements under Circular 20

The State Bank of Vietnam (SBV) issued Documents No. 29, 30, 31, 32, and 33/TB-NHNN on February 2 on the application of the reserve requirement ratios for several credit institutions in line with Circular No. 20/2010/TT-NHNN of the SBV dated September 29, 2010. (03/02/2012)

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OTHERS:
SBV announces adjustment of working hours (02/02/2012)
Sacombank’s revised charter capital approved (02/02/2012)
SBV Governor grants interview to VTV and VNEWS (31/01/2012)
SBV and QCB sign MOU on banking cooperation (18/01/2012)
SBV Deputy Governor Dang Thanh Binh meets with QCB delegation (18/01/2012)
LIST OF NEWS:
HCMC branch of Crédit Agricole Corporate and Investment Bank allowed to conduct debt trading (07/02/2012)
MB allowed to conduct banking custody (07/02/2012)
Macro-economic stabilization and inflation curbing-top goals for 2012 (06/02/2012)
Korea Development Bank permitted to open rep. office in HCMC (03/02/2012)
Several credit institutions are to make reserve requirements under Circular 20 (03/02/2012)
SBV announces adjustment of working hours (02/02/2012)
Sacombank’s revised charter capital approved (02/02/2012)
SBV Governor grants interview to VTV and VNEWS (31/01/2012)
SBV and QCB sign MOU on banking cooperation (18/01/2012)
SBV Deputy Governor Dang Thanh Binh meets with QCB delegation (18/01/2012)
ADB provides USD 24.8 million loan for poverty reduction in Vietnam (18/01/2012)
Shinhan Vietnam allowed to change its name (16/01/2012)
WB finances USD 973.5 million for three projects in Vietnam (13/01/2012)
SBV Governor Nguyen Van Binh meets with media workers on occasion of Lunar New Year (13/01/2012)
OCB’s revised charter capital approved (10/01/2012)
SBV issues Circular on forex management of overseas loan extension and recovery of credit institutions (06/01/2012)
PM calls for new momentum for 2012 (05/01/2012)
SBV promulgates Circular on internal control and audit of credit institutions and foreign bank branches (04/01/2012)
Gov’t names key solutions for 2012 (04/01/2012)
Vietinbank Leasing Company’s revised charter capital approved (03/01/2012)
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Interest Rate
Base interest rate 9%
Discount Rate 13%
Refinancing rate 15%
Inter-bank average interest rate
Date 04/02/2012
Term  Value(%p.a) 
Over Night 13,52
1 Weeks 14,34
2 Weeks 14,01 (Lãi suất tham chiếu ngày 03/02/2012)
1 Months 11,95
3 Months 9,50
6 Months
15,38
12 Months 20,64 (Lãi suất tham chiếu ngày 30/01/2012)
Inter-Bank average exchange rate
Date 07/02/2012
1 USD = 20,828.00 VND
Reference rate at the SBV Operations Centre
 
Transaction rates of commercial banks
 
Rate for calculating import & export taxes
 
CPI

CPI of 2010: 9,19%, Target CPI for 2011: below 18%

The English translation provided by the Website of the State Bank of Vietnam (SBV) may only be used for reference. In case a different interpretation of the translated information contained in this website arises, the original Vietnamese shall prevail

Licence No.101GP-BC dated 10/3/2004. Editor-in-chief: Dao Minh Tu
49 Ly Thai To - Hoan Kiem - Ha Noi. Tel:(84-43) 826.5974; Fax:(84-43) 9.349.569;
Email: webmaster@sbv.gov.vn or thuongtrucweb@gmail.com