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Monday, November 25, 2024

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Financial Markets

Credit growth remains sluggish

HCMC - Outstanding loans in Vietnam had surpassed VND12.3 quadrillion in the year to mid-June, a 3.36% increase compared to December 2022 and a...

Vietnam counted out of U.S. currency manipulator list

HCMC -- Vietnam remains out of the U.S. monitoring list for currency manipulators, according to the State Bank of Vietnam. The U.S. Department of the...

Central bank lowers interest rate caps

HCMC – The State Bank of Vietnam (SBV), the country's central bank, has once again lowered the maximum deposit interest rate for tenors below...

Deposits soar in Q1 despite interest rate cuts

HCMC - Individuals’ deposits at commercial banks in the first quarter of 2023 soared by around VND415 trillion, the highest level in over 10...

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