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CATEGORY

Financial Markets

Financial Markets

Several banks raise deposit rates in August

Ngoc Nguyen -
HCMC - The latest interest rate tables in August 2025 show that Vietnamese dong deposit rates at banks remain low, with some banks raising...
Financial Markets

NA’s resolution on financial centers to take effect next month

Ngoc Nguyen -
HCMC - The National Assembly's (NA) resolution on international financial centers will come into effect on September 1, marking a key legal milestone for...
Financial Markets

Banks get more credit growth quotas

Dat Thanh -
HCMC – The State Bank of Vietnam (SBV), the nation’s central bank, has increased credit growth quotas for banks, aiming for a system-wide loan...
Financial Markets

Outstanding loans in HCMC, Dong Nai exceed VND5.3 quadrillion

Ngoc Nguyen -
HCMC - Outstanding credit in HCMC and Dong Nai Province had amounted to over VND5.3 quadrillion as of the end of June, up 6.31%...
Financial Markets

US$7 billion planned for international financial center in HCMC

Ngoc Nguyen -
HCMC - HCMC is planning to invest around VND172 trillion, equivalent to US$7 billion, in developing an international financial center, according to the HCMC...
Financial Markets

June G-bond sales soar 69%

Dat Thanh -
HCMC — The Government raised VND30.47 trillion through 16 bond auctions in June, up 68.8% from May, showed data from the Hanoi Stock Exchange...
Financial Markets

SBV explains local currency’s fall despite weaker U.S. dollar

Dat Thanh -
HCMC – Vietnam’s central bank has attributed the depreciation of the Vietnamese dong to low domestic interest rates and foreign capital outflows, even as...
Financial Markets

Local gold prices surge

Ngoc Nguyen -
HCMC - SJC gold bars advanced by VND500,000 per tael this morning, July 8, to VND121 million, said local media reports. Around 10 a.m. on...
Financial Markets

Credit expands 9.9% in first half

Dat Thanh -
HCMC – Loans in Vietnam’s banking system expanded by 9.9% in the first half of this year against the end of last year to...
Financial Markets

U.S. dollar rises against Vietnamese dong

Ngoc Nguyen -
HCMC - The U.S. dollar strengthened against the Vietnamese dong on Thursday, with the exchange rate surging to its daily limit of VND26,345 per...

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