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Friday, January 31, 2025

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Financial Markets

Over VND80 trillion raised via G-bond sales in Q1

HCMC – The Vietnam State Treasury (VST) had raised more than VND80.2 trillion through 18 G-bond auction sessions on the Hanoi Stock Exchange by...

SBV adopts new liquidity management approach

HCMC—The State Bank of Vietnam (SBV) has altered its liquidity management strategy for April, transitioning from a focus on net withdrawals in March to...

U.S. dollar climbs to record high against Vietnamese dong

HCMC - The U.S. dollar has soared against the Vietnamese dong to an all-time high of over VND25,000 per dollar at commercial banks. The State Bank...

Banks must contact card holders with overdue debt: SBV

HCMC – Banks must proactively contact credit card holders whose debt is overdue, according to a State Bank of Vietnam (SBV) directive. The directive comes...

Corporate bond market remains subdued

HCMC – The corporate bond market has stagnated, with new issues taking a nosedive to a mere VND14.8 trillion year-to-date. Despite a 2.4 percentage point...

Insurance firms, banks hold lion’s shares of G-bonds

HCMC – Insurance firms and banks continue to dominate the G-bond market, collectively holding 99.4% of outstanding bonds as of late 2023, the Asian...

Savings rates decline further

HCMC - Commercial banks have continued savings interest rate cuts, with BIDV taking the lead by reducing rates by 10 to 20 basis points...

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