Unraveling Techcombank’s Surge in 2024
The experts shared at the "Prospects of the Banking Industry in 2024" conference organized by Ho Chi Minh City Securities Corporation (HSC) believe that the banking industry in 2024 will have many favorable factors. However, investors should consider the positioning and individual story of each bank, as well as the overall valuation of the industry and the specific banks.
Newest interest rates at Vietcombank: Best interest rates for 12-month deposits
In March 2024, Vietcombank offers the highest savings interest rate of 4.7% per year, applicable to personal deposits of 12 months or more with interest paid at the end of the term.
Gold price plummets on the first day of Tet
Gold prices in the country plummeted on the afternoon of the first day of Tet, with many places trading below 78 million dong per tael.
VPBank aims to double retail CASA growth by 2024.
Building on the momentum of nearly doubling in 2023, VPBank is targeting to continue doubling its retail current account and savings account (CASA) deposits in 2024, in order to reduce funding costs, through a segment distribution strategy and the bank's superior digital payment solutions.
How will the price of gold rings change on the occasion of the God...
The current price of gold rings is very high, around 65 million dong per tael, which is about ten million dong higher than a year ago.
How to Handle High Bank Loan Default Rates
In the grim backdrop of 2023, despite loan extensions and deferred payments, non-performing bank loans still surged towards the end of the year, surpassing the initial figures.
What does accused Truong My Lan say about “Rewards” of billions of dollars for...
Defendant Truong My Lan states that the giving of rewards and bonuses was not intended for any specific purpose, but rather as a recognition of the efforts and dedication put forth by individuals.
Is it easy to improve NIM of a bank immediately?
In a low interest rate and low credit demand environment, NIM compression is inevitable. So how can banks improve their NIM in 2024 when interest rates are expected to remain low for at least the next 6-9 months?
Credit Growth Decreases in January 2024
The figures were released at the online annual banking credit conference for 2024 by the State Bank of Vietnam (SBV) on the morning of February 20, 2024.
The Latest Agribank’s Interest Rates for March 2024: Best Interest Rates for 24-month Deposits
According to Agribank's latest interest rate survey, the highest deposit interest rate is 4.9% p.a. for individual customers with a 24-month term.
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The Ultimate Investment Opportunity: Majestic City – Investing in the Right Project at the...
With its prime location and well-thought-out urban planning, Majestic City is poised to become the next investment hotspot. The project offers a triple-threat proposition with its strategic position, well-designed infrastructure, and the current investment trend, creating a perfect storm for potential price increases. This is the golden opportunity for savvy investors to get in early and ride the wave of what promises to be an exceptional price surge.
Trade Tax Talks Begin, Markets Await News With Bated Breath
The Vietnamese market cautiously welcomed the news of Vietnam initiating negotiations with the US on the evening of April 23rd. While it was expected that this would happen and the "scheduling" is a positive step, the market is essentially waiting for results. The balanced tug-of-war between buyers and sellers, coupled with a significant drop in liquidity, indicates that both sides are mostly observing for now.
The Great Sell-Off: Foreigners Dump Real Estate Stocks en Masse
Individual investors sold a net amount of 516.1 billion VND, including 541.1 billion VND in matched orders. The top stocks sold were VHM, VIC, MSN, ACB, STB, BAF, DXG, MWG, and HPG.
