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Financial Markets

Four state-owned banks cut deposit rates

Ngoc Nguyen -
HCMC – Vietnam’s big four state-owned commercial banks today, March 15, lowered their 12-month-term deposit interest rate by 20 basis points to 7.2%, just a day after the central bank decided to lower key interest rates. The four banks are the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank), the Joint Stock Commercial […]
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Vietnam’s central bank cuts interest rates

Kim Ngan -
HCMC - The State Bank of Vietnam (SBV) made two separate decisions today to lower interest rates by 0.5 to one percentage point, with...
podcast

Nearly 51,400 firms exit market in Jan-Feb

Kim Ngan -
HCMC – Nearly 51,400 businesses have pulled out of the market in the year to date, up 14.5% year-on-year, according to the General Statistics...
podcast

Administrative bottlenecks impede social housing projects

Kim Ngan -
 HCMC – Despite the Government’s financial packages, low-income buyers still have difficulty acquiring a social home in HCMC due to red tape.
podcast

PM wants 95% of public investments disbursed in 2023

Kim Ngan -
 HCMC - Prime Minister Pham Minh Chinh has set a target to achieve a disbursement rate of at least 95% of all public investments...
podcast

Corporate restructuring gets underway

Kim Ngan -
 HCMC – In the context of disrupted cash flows and restricted access to capital, the corporate circle is rolling up its sleeves to drastically...
In the news

Wise moves needed

Hong Ngan -
The bond market has continued deteriorating since leaders of Tan Hoang Minh Group and Van Thinh Phat Holdings Group Corporation were detained Bond issues plunge Attention...
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Vietnam’s economy rebounds strongly

Kim Ngan -
 HCMC – Vietnam’s economy has seen strong recovery this year, according to data from the General Statistics Office of Vietnam.
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State-run firms incur huge losses from overseas projects

Kim Ngan -
 HCMC - Thirty projects invested overseas by State-run enterprises racked up total losses of US$335.5 million in 2021, up 42% year-on-year.
Video News

Wrongdoings leave VND32 trillion wasted on public investment projects

Kim Ngan -
HCMC - Wrongdoings have been draining public investment funds, wasting nearly VND32 trillion, the 15th National Assembly’s supervisory delegation reported.
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