Many banks have adjusted up savings interest rates by 0.2-0.3 percentage point per year since early this months to lure depositors in the context that the savings amount...
Several commercial banks in Vietnam have started to raise their deposit interest rates by 0.5 – 1 percent, leading to the worry of a possible loan interest rate rise as...
Experts believe that if some banks begin to raise deposit interest rates, lending rates will likely follow, particularly in credit institutions with fragile financial...
With deposit interest rates expected to rise by about 100 basis points by the end of the year, the impact on the stock market is minimal; in the meantime, investors can...
According to forecasts, Vietnam's financial sector in 2024 will be more positive, with the exchange rate gradually cooling down from the end of the second quarter of...
The average lending interest rate for new loans by commercial banks is reported at around 6.4% per year, a decrease of 0.7 percentage point per year compared to the end...
There is an enormous focus on when central banks, particularly the Fed, will start to reduce rates and the number of likely cuts in 2024.
Deposit interest rates are expected to remain low until the middle of 2024, with a slight increase anticipated thereafter due to higher credit demand, analysts said.
Proposals regarding social housing loan packages continue to be suggested, with many opinions advocating for a fixed interest rate of 4.8% for social housing...
Prime Minister Pham Minh Chinh has tasked the State Bank of Vietnam (SBV) with leading and coordinating governmental ministries and agencies to keep interest rates low...
According to Mr. Phung Xuan Minh, Chairman of Saigon Ratings, Vietnam's economy steadily recovered in 2023, stabilised, and laid the groundwork for development...
Due to challenging business conditions and high deposit interest rates earlier this year, many companies were quick to increase their deposit amounts to earn interest.
As interest rates are expected to continue declining, businesses and individuals will have the chance to access capital at affordable costs, supporting the recovery of...
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.
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