Fragrant rice price was only VND4,700 a kilogram in Tan Hiep district, Kien Giang province on March 6 (Photo: SGGP)

Central bank steps up rice consumption loaning in Mekong Delta

The State Bank of Vietnam (SBV) has issued a document on speeding up rice production and consumption loaning in the Mekong Delta, in which Governor Le Minh Hung required commercial banks to continue implementing credit policies for agricultural and rural development and rice export.

A customer makes transactions at HCM City Development Bank (HDBank). (Photo: VNA/VNS)

Foreign reserves at record $57b

State Bank of Vietnam (SBV) continues to build up its foreign exchange reserves to cushion external shocks, raising the fund to a new record high of more than US$57 billion till February 6.
Forex reserve reaches $54.5 billion: SBV Chief

Forex reserve reaches $54.5 billion: SBV Chief

Governor of the State Bank of Vietnam (SBV) Le Minh Hung said that the bank purchased about US$22 billion foreign currencies in 2016 and 2017, building the total foreign exchange reserves to over US$54.5 billion now.