KBSV: SBV can loosen credit limit again
Banking & Finance

KBSV: SBV can loosen credit limit again

KB Securities Vietnam (KBSV) has said that if banks use up the new credit limit, then credit in the industry as a whole will increase about 13.2 per cent compared to the beginning of the year. Therefore, the State Bank of Vietnam (SBV) can loosen the limit again, from 0.5-1.2 per cent, to achieve the annual target of 14 per cent.
Banking & Finance

Deputy PM adjusts investment and development expenditure from central budget

Deputy Prime Minister Le Minh Khai has signed a Decision adjusting and supplementing estimates on investment and development expenditures from the central budget in 2022 for ministries, central agencies, and localities. Nearly VND3 trillion ($126 million) was cut from nine ministries and central agencies and two localities, to supplement estimates for the Vietnam Development Bank and the Vietnam Bank for Social Policies.
Banking & Finance

Stock market still offers opportunities

Many securities investors are concerned with the stock market being under a lot of external risk pressure, as it is now. However, analysts have pointed out many advantages in the country’s stock market, such as low price-to-earnings (P/E) ratios and a higher return on equity (ROE) in the VN-Index than in the region.