The Greenback Gallops On: USD Bank Rates Surge to New Highs

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Today, the bank has increased its USD selling price to a record high of VND 25,512. This move underscores the bank's confidence in the strength of the USD and its commitment to offering competitive exchange rates. With this new rate, customers can expect to get even more value for their money when conducting transactions involving the USD.

The New Regulations on Housing Guarantees and Corporate Bonds: Unlocking December’s Opportunities

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The new regulations regarding the sponsorship of future-built homes, along with guidelines for reporting on corporate bond offerings and transactions, and the revocation of five circulars in the field of finance and banking, are among the latest policies that will come into effect in December 2024.

The Golden Question: How Much Has Gold Price Dropped in the Past Month?

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This morning (December 1st), gold bar prices hovered around the 85 million VND per tael mark, while gold rings dropped to 84 million VND per tael. Over the past month, gold bar prices have fallen by nearly 4 million VND per tael.

The Ultimate Guide to Scoring Super-Savvy Tet Flight Deals with MyVIB – Save up...

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With the new flight and hotel booking feature on the MyVIB digital banking platform, users can now effortlessly plan their trips and save significantly on travel and accommodation costs this Tet holiday. Enjoy a seamless and cost-effective travel experience with exclusive promotions and discounts.

The Golden Opportunity: Unveiling the Power of Words in the Digital Age

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On the morning of November 28, domestic gold prices reversed course and fell after a strong recovery in the previous session.

Is There a Way to Get the Highest Interest Rate by Depositing Money at...

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In the short term, Agribank currently offers the highest savings interest rates among the Big 4 banks. For long-term deposits of 24 months and above, VietinBank remains at the forefront with a competitive 5% annual interest rate.

Who Qualifies for the 3.2% Interest Rate Home Loan in Ho Chi Minh City?

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On November 28, at a press conference on socio-economic issues, Mr. Phan Huu Vinh, Head of the Appraisal Division of the Housing Development Fund in Ho Chi Minh City, provided information related to borrowers, loan conditions, interest rates, and other relevant details for individuals seeking to establish housing in the area.

The Power of NAPAS: Facilitating 26 Million Transactions Daily in 2024

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The NAPAS system processes an average of over 26 million transactions per day, a significant increase from 2023 with a 30.8% rise in volume and a 15.9% surge in transaction value. Notably, the NAPAS 247 instant money transfer service witnessed a remarkable performance, accounting for 93.5% of NAPAS' total services, with a 34.7% volume growth and a 16.4% increase in value.

The Latest Developments in the Ngo May People’s Credit Fund Scandal

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A member of the Board of Directors of the Ngo May People's Credit Fund has been fined for failing to comply with inspection-related conclusions, recommendations, and handling decisions.

The Greenback’s Freefall: A Sudden Drop

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The U.S. dollar's relentless rally on international markets came to an end last week (November 25-29, 2024) as President-elect Donald Trump's comments on tariffs stirred up anxiety in the financial world.

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A New Era for Thuduc House: Introducing Our Dynamic, Visionary New CEO

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Mrs. Tran Thi Lien has been appointed as the new CEO of Thuduc House for the term 2020 - 2025, effective from November 29, 2024.

China’s Premier Trading Group Enters the Vietnamese Market

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Sourcing quality products at competitive prices has always been a challenge for Vietnamese businesses. Yiwu Selection, a leading trading corporation, offers a unique solution with direct imports from factories, helping businesses optimize costs and gain a competitive edge in the market.

‘Bank Health Check’: Capital Raising Race

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"Amidst a surge in non-performing loans, banks are engaged in a capital-raising race to bolster their risk buffers. The magnitude of risk provisions depends on each bank's financial health, resulting in varying levels of non-performing loan coverage across the industry."