The State Bank of Vietnam asked financial institutions to review the consultancy, introduction and information provision of corporate bonds and investment fund certificates of credit institutions.
International capital has flowed into many Vietnamese banks in 2022, which is a good sign indicating the capacity of domestic joint stock commercial banks.
Many financial experts are now blaming rising interest rates by central banks across the world and the current geopolitical changes across the globe for the drastic plunge in liquidity in the stock market.
The global financial markets are seeing a growing trend that is leaning towards cryptocurrency. This will undoubtedly mark an important milestone in the history of international payment methodology, especially when major financial institutions begin to accept this form of currency.
Vietnamese Prime Minister Nguyen Xuan Phuc has asked people’s committee leaders in cities and provinces to keep an eye on the property market and adopt measures to prevent land price fever and property bubbles.