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Deposit Interest Rates Remain Stable in Early August

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The beginning of August witnessed a stable landscape for deposit interest rates across banks, with minimal fluctuations compared to the previous month.

A Strong Currency Doesn’t Mean a Weak Economy

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"At first glance, the exchange rate of over 25,000 VND to 1 USD might lead some to conclude that the Vietnamese dong is significantly weaker than the US dollar. However, a single exchange rate at a frozen moment in time reveals nothing about the inherent strength or weakness of a currency."

Why the Rush to Buy Real Estate Stocks?

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"The VinaCapital member fund demonstrates its confidence in the real estate sector by purchasing 850,000 KDH shares of Khang Dien House Trading and Investment Joint Stock Company. In a similar move, Mr. Pham Hong Chau, a member of the Board of Management and CEO of Van Phu - Invest Real Estate Joint Stock Company, has registered to purchase 400,000 VPI shares. This strategic acquisition will boost his stake in the company to an impressive 1.75 million shares."