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The State of Banking: Unlocking the Secrets of 2024’s Third-Quarter Financial Results

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The challenging economic landscape and rising non-performing loans in Q3 2024 forced banks to increase their provisions, impacting their profitability. Despite this headwind, there are predictions of a clear performance divergence between different tiers of banks.

The Golden Rush: Gold Prices Soar Past $2,700/oz Despite a Strong US Dollar

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This week, the global gold price surged by VND 4.4 million per tael, recovering most of the loss from the previous two weeks' decline of over VND 5 million per tael.

Is Vietnam’s Retail Banking Sector Emulating the Fast-Moving Consumer Goods (FMCG) Industry?

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The retail banking sector is rapidly taking on FMCG-like characteristics. This is a notable trend, driven by the increasingly fierce competition fueled by digital technology.