Major banks continue cutting deposit interest rates
Deposit interest rates at four major banks of Vietnam were adjusted sharply, down by 0.4% per year from the previous listings, bringing the rate to 1.8% per year at the...
Deposit interest rates at four major banks of Vietnam were adjusted sharply, down by 0.4% per year from the previous listings, bringing the rate to 1.8% per year at the...
In 2023, many times the leaders of the State Bank of Vietnam (SBV) had to express that: operating monetary policy has never been so difficult because of impacts from...
Savings interest rates have set a new record low of only 1.9% per year for a 1-2-month term.
Mr. Pham Xuan Hoe, Deputy Director of the State Bank of Vietnam's (SBV) Banking Strategy Institute, feels that releasing commercial banks' capital to...
Caption Maybank IBG economists Brian Lee Shun Rong and Chua Hak Bin forecast that inflation would remain below the State Bank of Vietnam's target range of 4%-4.5%...
Việt Nam's stock market poised for growth in 2024 supported by lower interest rates and improved business performance.
Việt Nam’s four largest banks, Agribank, VietinBank, BIDV, and Vietcombank, have continued to sharply reduce savings interest rates since this week.
Vietnam continues to see export growth, thanks to electronics shipments, but caution on the trade turn remains.
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.
Economists Brian Lee Shun Rong & Chua Hak Bin from Maybank IBG assess that the production recovery process has accelerated, supported by a solid foundation and emerging...
The State Bank of Vietnam (SBV) has ceased bill issue after nearly two months of using the channel to withdraw cash out of the banking system.
In the most optimistic scenario, the market will face at least two more challenging quarters before entering a recovery phase in the second half of 2024, experts have...
Compared to the beginning of this year, lending interest rates are currently considered reasonable and are expected to return to low levels, as seen during the COVID-19...
What is clearly far more uncertain is the level of the “new normal” for inflation and rates.
As of September 29, the total credit for the entire economy reached nearly VNĐ12.7 quadrillion (US$531.2 billion), marking a 6.92 per cent increase since early this year.
The interest rates have dropped strongly over the past few months. This fact will provide support for margin lending activities.
According to Mr. Nguyen Minh Tuan, CEO of AFA Capital, the State Bank's drainage of tens of hundreds of billion VND through the bond channel is still minimal in...
The United Overseas Bank (UOB) has maintained its economic growth forecast for Vietnam at 5.2% for 2023 and 6% for 2024 while forecasting that Vietnam will continue to...
While the Fed has been focused on fighting inflation, Vietnam needs to boost GDP growth. If we haven't accomplished this aim yet, monetary policy must remain...
According to some experts, although rising pressure on the foreign exchange rate and inflation are the main factors affecting the SBV's ability to continue lowering the...
Banks are reducing lending interest rates by 1-3% per year compared to 2022 to stimulate demand for home loans in the wake of the loan decline.
The foreign exchange rate has significantly fluctuated recently but experts forecast the rate in the remaining months of 2023 will not be under great pressure as in 2022.