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Update news US dollars

Vietnam implementing de-dollarization policy
Vietnamnet global

Vietnam implementing de-dollarization policy

Since October, Vietnamese and foreign commercial banks are no longer allowed to provide mid- and long-term foreign currency loans. 

BIDV, Vietcombank, and Vietinbank amass nearly $2 billion in bad debts
Vietnamnet global

BIDV, Vietcombank, and Vietinbank amass nearly $2 billion in bad debts

Growing bad debts reaching hundreds of millions of US dollars keep pressuring BIDV, Vietcombank, and VietinBank.

 

BUSINESS IN BRIEF 11/7
Vietnamnet global

BUSINESS IN BRIEF 11/7

 Banks buy US dollars at higher prices; Ha Noi's top 10 brokerages chop and change; More IT solutions for small businesses; PVN surpasses first half target; Mondelez International enters Vietnam market