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The Golden Rush: Prices Soar to Record Highs

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This afternoon (August 5th), the SJC gold bar price surged to 123.8 million dong per tael, just 200,000 dong shy of the historical peak on April 22nd. The State Bank of Vietnam has announced that it will continue to coordinate with ministries and sectors to ensure transparency and take strict action against speculation and market manipulation in the gold market.

Corporate Bonds Rebound, Redemption Pressure Mounts

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The Vietnamese corporate bond market is witnessing a notable recovery in both issuance and buyback activities, indicating a resurgence of investor and business confidence. However, alongside these positive signals, there is a mounting maturity pressure, particularly from the real estate sector, which faces significant challenges regarding cash flow and repayment capabilities.

The Consensus Among Banks: Maintaining Stable Interest Rates for Sustainable Growth

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As of early 2025, banks have been actively implementing directives from the government and the State Bank to maintain stable interest rates. These efforts have been instrumental in promoting credit growth and providing much-needed support to businesses and individuals alike.