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Financial Markets

HCMC credit grows in Jan-Feb

HCMC – Total outstanding credit in HCMC had totaled VND3,936 billion by the end of February, up by 12.2% year-on-year, with lending primarily directed...

Local gold ring prices soar to new highs

HCMC – Gold prices in Vietnam continued their upward spiral this morning, March 13, with gold rings reaching a record high of VND94.8 million...

Small businesses in HCMC still struggle to secure bank loans

HCMC – Small and medium-sized enterprises (SMEs) in HCMC continue having difficulty securing bank loans, despite the availability of various preferential loan packages, according...

No corporate bonds issued in February

HCMC – Vietnam’s corporate bond market saw no new issuances in February, marking a quiet month for bond sale activity, according to data from...

Over VND29 trillion raised from G-bond sales in February

HCMC – The Hanoi Stock Exchange (HNX) conducted 16 Government bond (G-bond) auctions in February, with VND29.13 trillion raised for the State Treasury, according...

Digital currency exchange to be piloted

HCMC – The Ministry of Finance is set to issue a resolution this month concerning digital assets and cryptocurrencies, which includes plans to pilot...

More banks cut deposit rates

HCMC - Ten commercial banks in Vietnam have lowered deposit interest rates at the counter, while seven banks have also reduced online deposit rates...

Banks slash deposit rates

HCMC – Several commercial banks, including BVBank, Eximbank, MSB, and KienLongBank, have lowered deposit interest rates in response to the directives by the Prime...

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