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Financial Markets

Finance Ministry urges corporate bond investors to exercise prudence

HCMC – The Ministry of Finance has advised investors to adequately assess and carefully consider the pros and cons of investment in corporate bonds. Individuals...

Banks report hefty profits in H1

HCMC - The first half of this year saw many commercial banks produce positive business results, with their before-tax profits exceeding VND10 trillion. A report...

HSBC supports Techcombank to access US$1 billion loan facility

HCMC - HSBC Vietnam has cooperated with several other banks to provide the Vietnam Technological and Commercial Joint Stock Bank (Techcombank) with a US$700...

Deposit rates rise in July

HCMC - Many commercial banks, big and small alike, offered higher long-term deposit rates in early July, at up to 7% per year. The Asian...

HoREA suggests continuing lending to borrowers with secured assets

HCMC – The HCMC Real Estate Association (HoREA) has written to the prime minister and the State Bank of Vietnam proposing continued lending to...

SBV says will maintain forex market stability

HCMC – The State Bank of Vietnam (SBV) will likely pump more foreign currencies this year to keep the forex market stable as the...

Vietnam to complete handling of poor-performing banks by 2025

HCMC – The Government has approved a banking sector restructuring and bad debt settlement plan in which the handling of poor-performing commercial banks will...

Extending bad debt settlement scheme can minimize potential risks

HANOI - The extension and improvement of several regulations on bad debt settlement in Resolution 42/2017 will help credit institutions handle potential bad debts...

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