Top Investment Channels for 2024: Safe and Profitable
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
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
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
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
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
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
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?
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?
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%.
Researching a Dedicated Credit Package for the Collective Economic Area
On February 2, Prime Minister Pham Minh Chinh presided over the 2024 Economic Cooperation Forum, focusing on "Enhancing State support policies in accordance with Resolution 20-NQ/TW - Driving force for the development of collective economy and cooperatives in the new phase."
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The New Wave of SMEs: ACB and Prof. Tran Dinh Thien on the Golden...
The inaugural episode of the talk show “Riding the Wave of Resolution 68” will go live at 9:00 AM on July 9, 2025, across CafeF and ACB's ecosystem platforms. The show offers a multifaceted perspective on Vietnam's economic evolution, as the breakthrough opportunities for small and medium-sized enterprises (SMEs) arising from Resolution 68-NQ/TW are comprehensively analyzed through the lens of ACB and economic expert, Dr. Tran Dinh Thien.
“Big Four Bank Posts Impressive H1 Results: Deposits Surge Past VND 2,100 Trillion, Loan...
The bank's H1 business performance has shown positive results compared to the same period last year, marking the best performance since the implementation of the restructuring plan to tackle bad debts for the 2021-2025 period.
“Product Certification: Elevating E-commerce Standards”
In the past, e-commerce platforms allowed small businesses to list their products without verifying their quality. However, new regulations will require these platforms to provide certification of standards for all products listed, ensuring a more transparent and reliable shopping experience for consumers.
