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Unlocking Vietnam’s Economic Potential: Prudential CEO Highlights the Power of Long-Term Capital
"Vietnam's current imperative extends beyond mere growth; it demands an economy characterized by transparency and depth, capable of attracting long-term capital investment," stated Kevin Kwon, CEO of Prudential Vietnam, during the Vietnam Future Economy Summit hosted by Bloomberg Businessweek.
Governor Nguyễn Thị Hồng: Revised Deposit Insurance Law Draft Includes Both Flat and Differential...
According to the Governor, Vietnam currently operates under a flat-rate fee mechanism for deposit insurance. As conditions permit, the country may gradually transition to a differentiated deposit insurance fee structure. This shift aims to incentivize well-performing credit institutions by reducing their deposit insurance costs.
Concerns Rise as Home Prices and Mortgage Rates Surge Simultaneously
Mortgage rates across multiple banks have surged in unison, compounding the relentless rise in apartment prices and raising significant risk concerns for both citizens and the real estate market.
