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Sunday, February 8, 2026

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Financial Markets

U.S. dollar climbs to record high against Vietnamese dong

HCMC - The U.S. dollar has soared against the Vietnamese dong to an all-time high of over VND25,000 per dollar at commercial banks. The State Bank...

Banks must contact card holders with overdue debt: SBV

HCMC – Banks must proactively contact credit card holders whose debt is overdue, according to a State Bank of Vietnam (SBV) directive. The directive comes...

Corporate bond market remains subdued

HCMC – The corporate bond market has stagnated, with new issues taking a nosedive to a mere VND14.8 trillion year-to-date. Despite a 2.4 percentage point...

Insurance firms, banks hold lion’s shares of G-bonds

HCMC – Insurance firms and banks continue to dominate the G-bond market, collectively holding 99.4% of outstanding bonds as of late 2023, the Asian...

Savings rates decline further

HCMC - Commercial banks have continued savings interest rate cuts, with BIDV taking the lead by reducing rates by 10 to 20 basis points...

SBV withdraws VND30 trillion from system

HCMC – The State Bank of Vietnam (SBV), the central bank, has issued nearly VND30 trillion of G-bonds after a four-month hiatus. The central bank...

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