‘Interest rates on deposits likely to bottom out in Q1’
MBS believes that the benchmark interest rate may have bottomed out in Q1 and is unlikely to decrease further, mainly due to the expectation that credit demand will continue to rise in 2024.
Gold prices reach record high, how risky is it?
The continuous surge in domestic gold prices has raised concerns as it may have an impact on the economy, particularly on production and business activities.
Official Price of SJC Gold Surpasses 82 Million VND per Tael
Gold prices in Vietnam continued to soar on the morning of March 9th, reaching a new all-time high. The SJC gold price exceeded 82 million dong per tael at many official stores this morning.
VietinBank allocates 130 trillion VND for long-term preferential business loans
Are you a business owner who is searching for a great source of financing for the next 5 years or even longer? Look no further and join VietinBank's special long-term credit package with a massive scale of up to 130 trillion VND. With an interest rate as low as 5.6% per year, you won't miss out on any business opportunities.
Gold ring sets new record at 70 million VND per tael, investors enjoy substantial...
Over the past year, the price of smooth gold rings has increased by 16 million dong per tael, equivalent to a 30% increase. Compared to bank savings, investing in gold over the past year has generated significantly higher profits.
VietinBank offers 300 trillion VND in preferential credit, supporting businesses to accelerate business growth.
To meet the increasing demand for loans from businesses in early 2024, VietinBank is launching a massive STEP UP interest rate incentive package, totaling VND 300 trillion, with a special preferential interest rate of only 5% per annum for Vietnamese Dong (VNĐ) loans.
3 Internal Factors Experts Identify as Causes for the Depreciation of the Vietnamese Dong...
Since the beginning of the year, the Vietnamese currency has depreciated approximately 1.6% in the interbank market and 2.7% in the free market.
Crying voices echo in court as Ms. Truong My Lan’s multi-million dollar ‘bulletproof vest’...
Nguyen Van Hung (former Deputy Chief Inspector in charge of Bank Inspection and Supervision) broke down in tears in court, pleading for leniency for the inspection team members who unwittingly became victims of Truong My Lan's cunning tactics.
Crying in the courtroom as Truong My Lan gets caught with millions in “road...
Former Deputy Chief Inspector in charge of Inspection and Supervision at the Bank, Nguyen Van Hung burst into tears in court, pleading for leniency for the inspection team members who were unwittingly caught in the crossfire of Truong My Lan's "bulletproof" accusation.
How long will we struggle with virtual currency management?
The Ministry of Finance states that although it was assigned to study the legal framework for digital currencies, there is currently no precedent and it is extremely difficult to implement. Economic experts argue that without swift regulation, there will be a "void" in the management of virtual currencies, posing significant risks.