Banking sector in HCMC prioritizes capital in attractive sectors for investors
The banking sector in Ho Chi Minh City will prioritize capital in attractive sectors for foreign investors following the Resolution 98/2023/QH15.
HCMC needs dynamic economic plan
On the eve of the opening of the 5th session of the 15th National Assembly on 22 May, HCMC plans to introduce a dynamic revival plan for its economy.
Banks banned putting pressure on staff to sell corporate bonds
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 flow restricted to few banks
International capital has flowed into many Vietnamese banks in 2022, which is a good sign indicating the capacity of domestic joint stock commercial banks.
Stock market in turmoil as investors withdraw
The current stock market seems no longer lucrative enough, with both domestic and foreign investors racing to sell off.
Timely action needed to cope with economic uncertainty
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.
SBV allows rescheduling of debt repayments for borrowers
The State Bank of Vietnam (SBV) has told financial institutions to reschedule debt repayments to help customers affected by the COVID-19 pandemic.
Financial markets leaning towards cryptocurrency
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.
PM asks to prevent land price fever, property bubbles
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.