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An Ambitious Province: Targeting Record-Breaking Economic Growth Without Mergers
The province of Quang Ninh has set an ambitious target for its economic growth this year, aiming for a 14% increase in GRDP - the highest goal in its history and 2% higher than the government's target. This bold aspiration presents both a challenge and an opportunity to solidify its position as a leading growth hub in Northern Vietnam. To turn this record-breaking vision into reality, Quang Ninh is implementing a comprehensive range of strategic solutions across vital sectors.
The Big Two Catalysts Boosting Vietnam’s Banking Sector Valuations: Spotlight on Vietcombank, VietinBank, HDBank,...
"The banking sector is poised for a valuation uplift, according to Quan Trong Thanh, Director of Analytics at Maybank Investment Bank (MSVN). He asserts that the industry's prospects are closely tied to the nation's economic growth trajectory. With Vietnam's imminent upgrade to Emerging Market status, the country's stock market is expected to witness a significant influx of foreign investment. A substantial portion of this inflow is likely to be directed towards the banking sector, further bolstering its valuation."
What’s Affecting Interest Rates?
In a thriving economic landscape, with surging credit growth and intense competition for funds, banks are offering varying lending rates. Experts predict a slight upward trend in interest rates by the end of 2025, creating a diverse landscape for borrowers.
