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Local commercial banks reported loan-to-deposit ratio (LDR) of 76.2% in July, meaning that they lent 76.2 out of every 100 mobilized, while the ratio was 79% as of the end of 2012, according to statistics of the State Bank of Vietnam.
Having hit a three-month low on Wednesday, domestic gold prices bounced back strongly to over VND38 million per tael given the global uptrend on Thursday.
The State Bank of Vietnam (SBV) will continue assessing and classifying more banks with ineffective operations in order to get approval from the Prime Minister to restructure them.
Total lending of all credit institutions grew 6.45 per cent in the first eight months of the year, the State Bank of Viet Nam (SBV) has reported.

The State Bank of Vietnam has decided to allow enterprises to import gold to make jewelries domestically, a long awaiting decision to help ease the thirst for materials.

Vietnam’s public debt has increased steadily over the past three years while the public debt supervision process still has shortcomings, said Hoang Hai, deputy director of the Debt Management and Foreign Finance Department under the Ministry of Finance.

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Updated at 08:33, 17/04/2014
Foreign Currency Cash Bid Rate Offer Rate
USD 21,050 21,070 21,120
AUD 19,608 19,644 19,901
CAD 19,014 19,090 19,240
CHF 23,648 23,781 24,110
Currency: VND
View chart of exchange rates
Updated at 08:32, 17/04/2014
Gold Buying Selling
SJC 3,545,000 3,555,000
SBJ 3,545,000 3,555,000
Currency: VND
View chart of gold price