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Friday, January 10, 2025

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Still a distant dream for most people

Affordable housing is dire need in HCMC. Instead of awaiting big projects, the city authorities should build social housing units of varying sizes in...

Adapting to new situation

During Mayor of Rotterdam Ahmed Aboutaleb’s visit to HCMC, The Saigon Times Weekly spoke to the Mayor and experts from Rotterdam about the city,...

Corporate bond market struggling with challenges

The size of the corporate bond market is estimated at some VND1,374 trillion, equivalent to 15% of GDP. The Government aims to raise this...

A tall order

The Vietnamese dong currency remains remarkably stable while other currencies are sliding against the U.S. dollar. This situation makes foreign exchange rate management increasingly...

Resources for flexible monetary policy

The State Bank of Vietnam (SBV) is now faced with two options, either hiking interest rates to curb inflation or continuing accommodative monetary policy...

Why are interest rates picking up?

The first half of the year saw interest rates edging up 0.5-1 percentage point against the end of last year. Liquidity in the banking system...

Gold loses sheen

With gold seen as a way to protect savings, smart investors will buy 9999 gold rings instead of SJC gold bars as their quality...

Mobile deposit on the rise

Mobile banking often leads clients to using multiple convenient services, such as taking out a loan and registering for a bank card. This is...

Driving forces for social housing development

The HCMC government has set a target of building 93,000 new social homes in the next 10 years, creating good business opportunities for many...

Unavoidable interest rate hikes

Banks’ recent deposit rate hikes indicate a liquidity crunch. Is inflationary pressure huge? Deposit interest rates at banks such as BaoViet Bank, ACB, Techcombank and Sacombank...

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