Economic difficulties cause gold demand to drop sharply
Local demand for gold bars and coins dropped by 5 per cent year-on-year from 9.6 tonnes in the second quarter last year to 9.1 tonnes in the same period this year.
Local demand for gold bars and coins dropped by 5 per cent year-on-year from 9.6 tonnes in the second quarter last year to 9.1 tonnes in the same period this year.
The USD/VND rate remains under strong pressure towards the end of this year as a result of the contrasting monetary policies of the United States and Vietnam, while the...
Commercial bank interest rate cuts have a beneficial influence on the real estate market, accompanied by anticipation of capital inflow.
The Government Office on July 31 issued a notice on Prime Minister Pham Minh Chinh’s opinions at a recent conference reviewing the performance of the banking sector in...
Monetary policy was changed from "tight and firm" to "flexible and loosened", that is, both ensuring the goal of macroeconomic stability and supporting economic...
The USD/VND exchange rate may be more volatile in 2H23. It might, however, change by no more than +/- 2.0% from the beginning of 2023.
Economic growth was lower than the projected scenario, expanding at 3.72 per cent from January to June in the context of declining global demand and emerging internal...
Given the current state of Vietnam's corporate bond market's problems, all restructuring initiatives must be founded on a plan and a roadmap.
There is undoubtedly potential to lower loan interest rates in Vietnam's current macroeconomic climate, where inflation is below 4% and deposit rates have...
Many firms lack collateral; if banks refuse to endorse unsecured and cash flow-based loans, it will be difficult to stimulate credit growth.
Although the Vietnam stock market has enjoyed a strong recovery phase, there are still concerns to consider in the second half of this year, according to KB Securities...
Mr. Nguyen Minh Tuan, CEO of AFA Capital, believes that the exchange rate and inflation remain buffers for Vietnam's growth this year. If the exchange rate rises,...
Vietnam can return to high growth rates over the medium term, as structural reforms are implemented, Division Chief of the International Monetary Fund (IMF)’s Fiscal...
Supporting economic recovery, controlling inflation, stabilizing interest rates, and ensuring credit demand... are the goals targeted by the monetary policy amid the...
Kis Vietnam expected that the USD/VND exchange rate would maintain stability in the near future.
The fourth cut in policy rates by the State Bank of Vietnam (SBV) would make it easier for commercial banks to continue lowering deposit and lending rates. This will...
Monthly exports and imports continue to fall, while domestic expenditure is expected to stay poor. As a result, more interest rate reduction are not ruled out.,...
The State Bank of Vietnam (SBV) has decided to further reduce some operating interest rates for the fourth time this year since June 19. This move is considered by...
It is to be seen if the decision made by the State Bank of Vietnam to cut interest rates will prove effective when capital flow pours into the stock market once again...
The State Bank of Vietnam (SBV) decided to reduce some policy rates, such as the refinancing rate (down 0.5% points), the ceiling deposit interest rate for 1-month to...
The draft revised Law on Credit Institutions regulates the application of early intervention to credit institutions which fail to maintain the solvency ratio after...
Credit growth since the start of 2023 remains low, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said, blaming that fact on both subjective and...