Interest rates for VND-denominated for long term deposits at commercial banks have reached 7.4% per year, according to the State Bank of Vietnam (SBV).
Many indicators show that financial investment activities might suffer from many variables in the second half of 2024. However, due to the current economy vitality,...
After savings interest rates dipped to around 4 percent in March 2024, the market has now witnessed the emergence of the highest interest rates surpassing 6 percent per...
According to many experts, the aim of 5-6% credit growth by the end of 2Q24 is challenging because the Vietnam economy's credit demand has not improved much despite...
Since early May, many banks have continued to increase deposit interest rates to ensure a balance of capital sources in the context of a rapid increase in credit.
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...
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.
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.
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