Mr. Le Ngoc Lam, CEO of BIDV, believes that Vietnam's current interest rate environment is highly competitive compared to regional and global standards. This favorable condition presents an excellent opportunity for businesses to ramp up their investments, as the State Bank of Vietnam has not imposed any credit growth limits.
Gold experienced a dramatic session, plunging over $250 per ounce in a shocking downturn. Most gold investors were caught off guard as the precious metal swiftly breached the $4,300, $4,200, and $4,100 per ounce levels in less than seven hours.