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Financial Markets

VND500-trillion credit package for digital infrastructure rolled out

HCMC – Vietnam’s banking sector will introduce a VND500-trillion credit package to support businesses to invest in digital infrastructure and technology. The decision was announced...

Local gold prices soar to new highs

HCMC - Gold prices at major jewelry firms surged by nearly VND3 million per tael this morning, April 11, sending the selling price of...

Bad debt seen dropping in Q2

HCMC – Vietnamese banks expect non-performing loans (NPLs) to fall and interest rates to remain stable in the second quarter of the year. A survey...

Domestic gold prices climb further

HCMC - Gold prices at several jewelry firms surged by over VND1 million per tael this morning, April 3, to nearly VND103 million per...

VND110.4 trillion raised from G-bond sales in Q1

HCMC - The State Treasury raised VND110.4 trillion from Government bond (G-bond) auctions in the first three months of this year, fulfilling 99.5% of...

Domestic gold prices hit record highs

HCMC - Vietnam's gold bar prices jumped by between VND500,000 and VND1.5 million per tael to a record high of VND100.4 million this morning,...

Banks boost capital to fuel credit growth

HCMC – Vietnamese banks are ramping up efforts to raise charter capital through share issues and stock dividends as they prepare for stronger credit...

Acquirers of weak banks allowed to raise foreign ownership to 49%

HCMC – Private banks that acquire underperforming financial institutions will be permitted to raise their foreign ownership limit from the current 30% to a...

Domestic gold prices exceed VND100 million per tael

HCMC – Gold prices in Vietnam continued their relentless climb, as gold rings surged further this afternoon, March 19, to cross the VND100-million-per-tael mark. As...

Local gold prices surge past VND96 million per tael

HCMC – Domestic gold prices surged further this morning, March 14, with gold rings reaching a record high of over VND96 million per tael,...

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