This week, the global gold price surged by VND 4.4 million per tael, recovering most of the loss from the previous two weeks' decline of over VND 5 million per tael.

The retail banking sector is rapidly taking on FMCG-like characteristics. This is a notable trend, driven by the increasingly fierce competition fueled by digital technology.

In Q3, most banks witnessed a decline in their CASA ratios. CASA accounts seem to be mere "pit stops" for funds before they are directed towards more "serious" business operations.

Former SCB chairman claims that he misremembered the amount of his Lunar New Year bonus due to confusion and fear.

The afternoon saw a decent profit for bottom-fishing traders, with selling pressure remaining subdued. Volume stayed low, and most stocks exhibited narrow fluctuations. This is a positive sign, indicating a potential shift in market sentiment and a possible opportunity for investors to capitalize on undervalued stocks.

To support international businesses, especially European enterprises, in seeking product information, business partners, and market expansion in Vietnam, the Trade Promotion Agency - Ministry of Industry and Trade of Vietnam is pleased to introduce the “Vietnam National Pavilion - Vietnam Pavilion” on the Alibaba.com e-commerce platform.

The banking sector report, released by VIS Rating on November 20, 2024, revealed a concerning trend. According to the report, nearly 20% of the assessed banks demonstrated weak capital safety profiles. This issue was particularly prominent among small and medium-sized banks, which also faced heightened liquidity risks due to their reliance on short-term market funds and the rise in interbank interest rates.

From June 2024 until their arrest, a "loan shark" group operating in Thanh Hoa city offered loans with an interest rate of 3,000 - 20,000 VND per million per day, equivalent to an annual rate of 100-600%. This illegal operation generated over 1 billion VND in illicit profits.

From now until March 31, 2025, Sacombank is offering a special promotion, “International Money Transfers - Bridging the Distance,” where personal customers receiving remittances through their Sacombank Visa payment cards can enjoy a reward of up to 1 million VND.

Many customers were left with a bitter taste in their mouths, having to pay a hefty sum due to their oversight of the bank's notification regarding changes in SMS Banking service fee policies.