Tag: Official Dispatch No. 4848/BTC-DT
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The Smart Money Sells: Foreigners Dump Vietnamese Shares, Offloading Bank Stocks
The sell-off continued into the afternoon session, with VCB and VHM bearing the brunt of it. VCB witnessed a substantial sell-off, with approximately VND 184 billion changing hands, while VHM followed suit with a notable sell-off of VND 134 billion.
Unlocking Profitability: MSB’s Strategic Cost-Cutting Measures Yield Fruitful Results, with Q1 Pre-Tax Profits Soaring...
In the recently released consolidated financial statements for the first quarter of 2025, the Vietnam Maritime Commercial Joint Stock Bank (HOSE: MSB) reported a remarkable performance with a pre-tax profit of nearly VND 1,631 billion, reflecting a 7% increase compared to the same period last year. This impressive growth can be attributed to the bank's effective management of credit risk provisions.
Interbank Overnight Interest Rates Remain at a One-Year Low
"Liquidity in the banking system remained relatively stable during the week of April 28 to May 5. The overnight interbank interest rates persisted at low levels ahead of the extended holiday weekend."
