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Cheap money period in Việt Nam forecast to come to an end

The period of cheap money is coming to end as deposit interest rates are increasing, causing lending interest rates next time to be difficult to maintain at the same low level as at the beginning of this year, experts forecast.

Banks limits foreign room, waiting for strategic buyers

Commercial banks have been holding back on increasing their foreign ownership ratio, or foreign room, to wait for suitable strategic buyers in the future, according to industry leaders and insiders.

SeaBank to set up asset management arm

The State Bank of Việt Nam (SBV) will allow Southeast Asia Commercial Joint Stock Bank (SeaBank) to set up its own asset management firm.

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