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Saturday, February 22, 2025

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Financial Markets

Banking sector ramps up support for economic growth

HCMC – Vietnam's central bank has pledged to intensify efforts to boost economic growth by expanding credit and ensuring financial stability. The State Bank of...

HCMC credit continues expanding in January

HCMC - Credit totaled VND3,940 trillion in HCMC in January, up a mere 0.04% against the end of 2024 but a staggering 12.43% year-on-year,...

Gold prices surge in Vietnam

HCMC – Gold prices in Vietnam surged on February 13, with SJC gold bars selling at VND90.7 million per tael and gold rings surpassing...

Central bank to phase out credit growth quotas

HCMC – The State Bank of Vietnam (SBV) plans to phase out credit growth quotas for banks, targeting a 16% expansion in overall lending,...

Gold prices ease off record highs

HCMC – Gold prices in Vietnam fell sharply on the afternoon of February 11, reversing earlier gains that had pushed them to record levels. SJC...

Banks adjust interest rates after Lunar New Year

HCMC – Vietnamese banks made mixed adjustments to deposit rates in the first week following the Lunar New Year holiday, with some raising rates...

Vietnam raises nearly VND16 trillion through bond auctions

HCMC – The Government raised nearly VND16 trillion through bond auctions in January, according to the Hanoi Stock Exchange (HNX). The State Treasury issued bonds...

Local gold prices rebound to VND90 million per tael

HCMC – SJC-brand gold bar prices rebounded to VND90 million per tael at some jewelry firms around 9 a.m. on February 7, coinciding with...

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