SBV exerting control over inflation
Banking & Finance

SBV exerting control over inflation

After more than two years of being “frozen”, the open market operations (OMO) channel was reopened by the State Bank of Vietnam (SBV) on June 21 with an offering of VND10 trillion ($430 million). This reveals that the central bank is ready to withdraw money from the market to support inflation control.
Banking & Finance

Standard Chartered Vietnam: Prospects good for banking industry

According to Mr. Patrick Lee, Chairman of Standard Chartered Bank Vietnam, with an increasingly important role in international trade and global supply chains and its position as a manufacturing hub, Vietnam has a great deal of potential for development and offers many attractive business opportunities. The prospects for its banking industry are also very good.