Agribank continues to lower interest rates on savings: New record low of 1.7% per...

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The interest rate for term deposits ranging from 1 month to less than 3 months at Agribank will be reduced to 1.7% per year, a decrease of 0.1 percentage points compared to the latest adjustment. This interest rate is currently equivalent to the rate applied by Vietcombank for the same term.

Top Investment Channels for 2024: Safe and Profitable

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2023 is a year full of volatility in the global financial market. Against this backdrop, many investors are interested in gold as a store of assets.

Gold prices: SJC gold and plain gold rings surge simultaneously

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On the morning of January 31st, the prices of SJC gold and 24k smooth gold rings in Vietnam saw a simultaneous increase compared to the previous day.

4 Factors Putting Pressure on USD/VND Exchange Rate in Q1/2024

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With the currency exchange rate fluctuating in the first few weeks of 2024, Mr. Ngo Dang Khoa, Director of Foreign Exchange, Capital Markets and Securities Services at HSBC Vietnam, highlights four factors putting pressure on the USD/VND exchange rate in Q1/2024...

New currency exchange service: Rare small denominations

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The demand for exchanging small denominations of money increases during the Lunar New Year, but the availability of small bills is limited. The familiar "money exchange kiosks" are also gradually disappearing from this service.

Gold prices surge as Lunar New Year approaches

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On the morning of February 1st, the domestic gold price continued to surge with an increase of 500,000 VND/tael, approaching the 78 million VND/tael mark. As Tet holiday approaches, the price of gold tends to rise sharply.

Deputy Head of Internal Audit Department of SBV appointed Deputy CEO of Agribank

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After the new appointments, Agribank's Executive Board now consists of 9 members, with Mr. Pham Toan Vuong as the CEO.

Banking: Huge Profits Yet Worried

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Several banks have announced their 2023 financial results, showing outstanding growth. However, they are also facing increased pressure in setting aside provisions for credit risk.

Where does Vietcombank’s profit over 41,000 trillion VND in 2023 come from?

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With these achievements, Vietcombank once again sets a new record for profitability in the banking industry.

Which bank offers the highest interest rate for online savings in early February 2024?

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Beginning February 1st, 2024, several banks have been adjusting their interest rates downwards for savings accounts ranging from 1 to 24 months. Based on a survey conducted across 16 banks, the highest annual interest rate for online savings deposits at a 6-month term is 5%, while for a 12-month term, it is 5.35%.

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