Next week's gold price: Impacts from US inflation
The release of US inflation data next week will have a direct impact on gold prices.
The release of US inflation data next week will have a direct impact on gold prices.
Meanwhile, the market continued to witness an outflows from foreign capital as foreign investors net sold on both main exchanges.
According to Mr. Le Hoang Chau, Chairman of HoREA, in order to continue increasing credit supply in the real estate industry, legislative bottlenecks must be removed at...
The State Bank of Vietnam (SBV) will improve credit quality and prioritise capital for spearhead sectors that drive the economic growth in 2024.
This is what Mr. Michael Foong Seong Yew, Country CEO of Maybank Vietnam, said in an exclusive interview with our reporter.
According to many opinions, the asset quality of banks will be temporarily under control at the current level until the end of 2023, but moving into 2024, the situation...
Many analysts projected that gold prices would rise considerably in 2024, reaching a new high, especially if the Federal Reserve cut interest rates.
Following a period of difficulty getting bank credit, real estate firms have lately seen a series of capital assistance packages from banks.
Although interest rates have continued to drop sharply, firms say it is still difficult for them to access loans.
The total value of issued corporate bonds by the end of November 2023 was VNĐ247.59 trillion, of which, the banking industry accounted for the majority with 48.6 per...
Savings interest rates have set a new record low of only 1.9% per year for a 1-2-month term.
Though the asset quality of banks in Vietnam will be temporarily under control until the end of 2023, experts said more attention should be paid to the issue in 2024 as...
The banking industry has experienced a difficult period in 2023 due to global and domestic headwinds. However, the industry outlook is forecast to be more positive next...
Total loans outstanding as of November 30 at credit institutions in HCM City were worth over VNĐ3.4 quadrillion (US$140.15 billion), a 1.3 per cent increase from the...
As this is the last daily commentary of the year we thought that we’d outline some of our assumptions for next year and how these shape our predictions for financial...
VCBS expects the lending interest rate will decrease by another 1-1.5 percentage points in 2024. In particular, banks will consider lowering interest rate for some...
Perhaps understandably, there’s been what might be called ‘rate-cut-creep’ in the markets as it seems that both analysts and market pricing have inched forward the...
Việt Nam’s four largest banks, Agribank, VietinBank, BIDV, and Vietcombank, have continued to sharply reduce savings interest rates since this week.
In a recent report on the banking industry, VNDirect Securities Company said the average NIM ratio of 25 listed banks in the third quarter of 2023 was 3.32 per cent, a...
The other banks in the Big 4 group have altered their interest rates in response to Vietcombank's lead in setting the lowest deposit rates across all terms.
Trust in the Fed Chair is the lowest it has ever been according to Gallup and if you think that this is only a problem in the US, just look at the UK where politicians...
It seems that developed-country central banks have finished their tightening cycle, with the exception of the BoJ which has yet to start. But those banks meeting this...