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Friday, October 25, 2024

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Financial Markets

Vietnam dong weakens ahead of Fed meeting

HCMC – The Vietnamese dong currency has dropped against the U.S. dollar in the lead up to the U.S. Federal Reserve (Fed) meeting where...

Interbank interest rates stay high

HCMC – Interbank interest rates rose to a 10-year high before dropping a little last weekend. The liquidity of the banking system was tighter last...

Cryptocurrency proposed for addition to anti-money laundering law

HCMC - National Assembly (NA) deputies have proposed adding cryptocurrency and virtual assets to the draft of the anti-money laundering law. The State Bank of Vietnam...

Several banks get extra room to lend

HCMC – The State Bank of Vietnam (SBV) on September 7 raised credit growth quotas for several banks, paving the way for these lenders...

Bond coupons outpace savings rates

HCMC - The bond market is showing signs of bouncing back as banks are rushing to hike savings rates. The Vietnam Bond Market Association (VBMA)...

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