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December 30th Currency Market Update: Overnight Interest Rates Plummet to 3%, Halving Since Last...
At the close of trading on December 29, the Vietnamese Dong (VND) interbank interest rates saw a sharp decline in the overnight term, while longer-term rates remained elevated. The State Bank of Vietnam continued its net liquidity injection through the Open Market Operations (OMO) channel. Both the central exchange rate and the USD rates across markets experienced a slight downward adjustment.
Earn 8.1% Annual Interest on 6-Month Savings with Deposits Starting at 1 Billion VND
Cake by VPBank, a leading digital bank, has recently introduced a tiered interest rate policy, offering an impressive 8.1% annual interest rate for 6-month term deposits of 1 billion VND or more. This innovative approach rewards customers with higher returns on their savings, setting a new standard in the digital banking landscape.
CC1 Establishes Two Companies for Cát Lái and Đồng Nai 2 Bridge Projects with...
CC1 has established two new enterprises through capital contributions to spearhead the development of the Cát Lái and Long Hưng bridge projects in Đồng Nai. With a preliminary total investment nearing 30 trillion VND, these transformative infrastructure initiatives are slated to commence in 2026.
