Gold Prices Surge, Exceeding 78 Million Dong per Tael

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This morning (2/2), the domestic gold price continued to soar, surpassing 78 million dong per tael. In just 3 consecutive trading sessions, the domestic gold price has increased by 1.8 million dong per tael.

Invest more than 12,000 trillion in stocks and deposits, an insurance company earns trillions...

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By the end of 2023, PVI's total value of financial investments is over 12,158 billion Vietnamese dong. Out of this, bank deposits account for over 8,500 billion Vietnamese dong. In the past year, the insurance company recorded financial investment operating revenue of 1,330 billion Vietnamese dong, a 41.2% increase compared to 2022.

Banks Sacrificing Profits to Support the Economy

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In 2023, the question "which bank has the lowest interest rates?" is being talked about more than ever. With the prevailing difficult economic situation affecting individuals and businesses, in line with the directive of the State Bank of Vietnam (SBV), banks have unanimously sacrificed their profits by reducing lending rates and introducing credit packages with interest rates as low as 0%.

Overcoming Challenges in Dealing with Bad Debts

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In the newly passed Revised Securities Law, securities companies (SCs) no longer have the privilege to hold collateral. Therefore, SCs need to recognize that debt collection is their responsibility, and they should be extremely strict in assessing borrowers, ensuring compliance with principles, procedures, and conditions before granting loans.

OCB Achieves Strong Business Growth and Efficient Cost Control, Profit Increases by 19.1% in...

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OCB's capital mobilization in 2023 has grown by 23.4% compared to 2022, while credit has also grown by over 20%. In the service sector, OCB's card has experienced a breakthrough growth with the number of cards issued almost doubling compared to 2022 and a strong growth for 3 consecutive years.

VietinBank’s pre-tax profit in 2023 exceeds 25,000 billion VND, total assets surpass 2 million...

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"VietinBank is the third-largest bank with total assets exceeding 2 quadrillion VND."

Surge in Domestic Gold Prices

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At the beginning of February, the domestic gold price witnessed a significant surge.


Deposit Interest Rate Reaches 40.1% by 2023, MB Holds Top Spot in CASA for...

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Thanks to our pioneering efforts in digital banking, 2023 marks the third consecutive year that MB has attracted over 6 million new customers annually, bringing the total number of customers served to 27 million.

Overview of Financial Results of 28 Banks: Updates from Big 4, MB, SHB, Eximbank,…,...

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On the evening of January 30th, banks flooded the market with their financial reports for the fourth quarter of 2023.

Vietnam’s largest bank nets 200 billion VND per day, records historic profit milestone

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With a total operating income of nearly 73,025 billion VND in 2023, this bank earns over 200 billion VND net profit on average each day.

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KienlongBank Appoints Trần Hồng Minh as New CEO

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Following approval from the State Bank of Vietnam, the Board of Directors of Kienlong Commercial Joint Stock Bank (KienlongBank; UPCoM: KLB) has officially announced the appointment of Mr. Trần Hồng Minh as the new Chief Executive Officer, effective December 1, 2025.

Market Pulse 12/01: Foreign Investors Resume Net Selling of Bluechips, VN-Index Struggles at 1,700...

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At the close of trading, the VN-Index climbed 10.68 points (+0.63%) to reach 1,701.67, while the HNX-Index dipped 2 points (-0.77%), settling at 257.91. Overall market breadth leaned bearish, with 379 decliners outpacing 314 advancers. The VN30 basket showed a more balanced performance, with 16 gainers and 14 losers.

Mitsubishi Xforce Slashes Prices by Nearly $100 Million at Dealerships: Top-Tier Variant Now More...

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Mitsubishi Xforce's top-tier variant is aggressively priced, challenging even models from lower segments in the market.