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The Central Bank’s Aggressive Reduction of Funds Through Bill Channels

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In the week following the Lunar New Year celebrations (03-10/02/2025), the State Bank of Vietnam (SBV) reduced the issuance of treasury bills while ramping up lending through the channel of pledging valuable papers.

The Real Estate Stock Market Soars.

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The morning rally stalled as the market turned mixed. However, the inflows remained robust, with a higher degree of selectivity. Real estate stocks took center stage, with several stocks witnessing strong gains and attracting significant capital inflows.

Post-Lunar New Year: A Slight Dip in Deposit Interest Rates

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The interest rate cut on deposits in early February 2025 was largely a result of ample liquidity post-Tet, reduced demand for credit, a relaxed monetary policy, and banks' cost of capital optimization strategies.