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Wednesday, December 25, 2024

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Financial Markets

Individual investors wary of corporate bonds

HCMC – After warnings from the Ministry of Finance over the corporate bond market, individual investors have become more cautious, leading to a 41.1%...

Exchange rate seen stable this year

HCMC - The exchange rate between the U.S. dollar and the Vietnamese dong is forecast to move in a range of VND23,288 and VND23,515...

Major banks continue deposit rate cuts

HCMC – Many large commercial banks have continued lowering deposit rates for various tenors aimed at reducing lending rates to support businesses and residents...

Banks struggle to raise capital amid Covid-19

HCMC – In light of the unpredictable developments relating to the Covid-19 pandemic, many banks in Vietnam are attempting to raise capital but most...

Eximbank in disarray ahead of second shareholder meeting

HCMC - Sumitomo Mitsui Banking Corporation (SMBC), a majority shareholder of Vietnam Export Import Bank (Eximbank), has requested the bank to convene an extraordinary...

Saving rates continue downward spiral

HCMC – Following deposit rate cuts early this month for tenors from six months onward, many local banks have continued to lower rates for...

Corporate bonds increasingly attractive to investors due to high yield

HCMC – Corporate bonds have attracted a huge cash flow from other investment channels, including depositors, even though the Ministry of Finance has repeatedly...

Zalo Bank not licensed: SBV

HCMC – A representative of the State Bank of Vietnam (SBV) has affirmed that the central bank has not licensed Zalo Bank to provide...

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