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Currency Market Update: USD Rates Plummet, Interbank Interest Rates Surge, and the State Bank...

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The January 26th trading session witnessed a resurgence in interbank VND interest rates, coupled with a sharp decline in the USD exchange rate across both interbank and free markets. Amidst this landscape, the State Bank of Vietnam intensified its net liquidity injection through open market operations.

Is Gold Hitting 200 Million VND per Tael the New Normal?

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The scenario of gold prices reaching 200 million VND per tael has been emphasized by experts, contingent on specific conditions.

Sacombank Addresses Rumors of No Year-End Bonuses for Employees

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On January 27th, social media buzzed with reports claiming that Saigon Thuong Tin Commercial Bank (Sacombank) would not be paying year-end bonuses to its employees this year.