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Friday, October 25, 2024

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Financial Markets

Large commercial banks agree to further cut interest rates

HCMC - Four state-owned commercial banks have agreed to further reduce interest rates following their meetings with the Government and the State Bank of...

Central bank eases control over corporate bond buybacks

HCMC – The State Bank of Vietnam (SBV), the central bank, is providing much-needed support for the illiquid corporate bond market by making it...

Bad debt looms large for real estate

HCMC – Non-performing corporate bonds are looming large due to a high financial leverage ratio and negative cash flow of unlisted, cash-strapped real estate...

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