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Saturday, April 20, 2024

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Financial Markets

SBV weighs rule on special loans for bank runs

HCMC – The State Bank of Vietnam (SBV), the central bank, is currently reviewing a regulation on special loans for commercial banks experiencing massive...

VND258 trillion of corporate bonds to fall due by year-end

HCMC – The Vietnam Bond Market Association (VBMA) has reported that more than VND258.2 trillion of corporate bonds will fall due between February 23...

Government urges control of cryptocurrencies

HCMC - In a bid to address concerns over money laundering and terrorist financing linked to virtual assets, the Government has tasked the Ministry...

Outstanding loans at HCMC banks plummet in early 2024

HCMC - The demand for loans in HCMC has remained woefully low, with total outstanding loans declining in the year to date. In January, total...

PM pushes for securities data integrity

HCMC - Prime Minister Pham Minh Chinh has issued Directive 04, urging the validation of data in the securities sector, emphasizing the Government's commitment...

Digital money transfers surge in January

HCMC – The National Payment Corporation of Vietnam (NAPAS) recorded a surge of over 50% in digital money transfer transactions in January compared to...

Major banks cut deposit rates further

HCMC - Commercial banks have continued their interest rate cut cycle, with deposit rates falling by 0.2 to 0.3 percentage point just ahead of...

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