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CATEGORY

Financial Markets

Financial Markets

Nearly 20 banks in Vietnam cut interest rates

Trung Châu -
HCMC - Vietnam’s monetary market saw a significant shift last week as nearly 20 commercial banks simultaneously lowered interest rates for deposits and loans. Lending...
Financial Markets

Vietnamese banks reach consensus to lower interest rates

Trung Châu -
HCMC - A unified move to slash borrowing costs for businesses and individuals was reached during a high-level banking sector meeting today, April 9. At...
Financial Markets

Vietnam raises over VND80 trillion through G-bonds in Q1

Trung Châu -
HCMC - The Vietnam State Treasury mobilized VND80.1 trillion through Government bond issues in the first quarter of 2026, fulfilling 73% of the quarterly...
Financial Markets

VDB empowered to waive guarantee fees for bankrupt enterprises

Trung Châu -
Vietnam bans bank account nicknames Vietnam’s big four banks to inject VND1 quadrillion into the economy HCMC - The Vietnam Development Bank (VDB) is...
Financial Markets

HCMC credit up 1.5% in Q1

Dat Thanh -
HCMC – Total outstanding credit in HCMC increased 1.5% in the first quarter of 2026 from the end of last year, according to the...
Financial Markets

Vietnam bans bank account nicknames

Trung Châu -
HCMC - Commercial banks in Vietnam began banning the use of account aliases and nicknames today, mandating that all account names must strictly match...
Financial Markets

Businesses struggle with rising loan rates

Trung Châu -
HCMC - Having stayed at record low levels for a long period, lending rates are rising and thus piling pressure on individual and corporate...
Financial Markets

Vietnam imposes 0.1% tax on crypto asset transfers

Ngoc Nguyen -
HCMC - Domestic and foreign individual investors will be required to pay a 0.1% tax on the transfer value of crypto assets, under Circular...
Financial Markets

Vietnam eyes reasonable fund-raising costs through sovereign credit rating upgrade

Trung Châu -
HCMC - The Ministry of Finance is developing a plan to issue government bonds on international markets, prioritizing feasibility and reasonable fund-raising costs. This information...
Financial Markets

Gold falls, dollar steady

The Ky -
HCMC - Domestic gold prices fell sharply on the morning of March 30, with SJC-branded gold bars dropping by VND1.4 million per tael from...

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