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.
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...
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...
Savings interest rates have set a new record low of only 1.9% per year for a 1-2-month term.
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.
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.
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.
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...
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.
One of the primary reasons that medium- and long-term loan rates remain high is because the short-term capital ratio for medium- and long-term loans will continue to...
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