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Financial Markets

Domestic gold prices shoot up

HCMC – The prices of SJC-brand gold bars and gold rings have increased by VND150,000 to VND400,000 per tael, while the exchange rate of...

Gov’t raises over VND20.7 trillion from bond sales in November

HCMC – The Vietnam State Treasury (VST) raised over VND20.7 trillion through 17 government bond (G-bond) auction sessions on the Hanoi Stock Exchange in...

SBV raises credit growth quotas for banks

HCMC – The State Bank of Vietnam (SBV) has increased credit growth quotas for banks in 2024, allowing lenders to expand lending. This is the...

Penalties proposed against loan-insurance bundling by banks

HCMC – Vietnam’s central bank has drafted a decree proposing fines of up to VND500 million for banks that bundle loans with non-compulsory insurance...

Central bank wants deposit rates stabilized

HCMC – The State Bank of Vietnam (SBV) has urged commercial banks to stabilize deposit interest rates and work towards reducing lending rates to...

Domestic gold prices climb

HCMC – Domestic gold prices rose further today, November 22, as global prices reached their highest levels in over a week, local media reported. As...

Domestic gold prices inch up

HCMC – Local gold prices rose further, with SJC-brand gold bars up by VND700,000 per tael, accompanied by similar increases in gold ring prices,...

Personal deposits near VND7 quadrillion

HCMC – Personal deposits at commercial banks in Vietnam totaled nearly VND7 quadrillion as of August, up by 6% against the end of 2023,...

Unclear standards hinder green loans: SBV

HCMC – Vietnam’s central bank is urging commercial banks to expand green credit, but unclear guidelines are hampering growth in green finance. Nguyen Thi Hong,...

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