US Fed vice chair says interest rates should remain on pause

US Fed vice chair says interest rates should remain on pause

The US central bank should keep interest rates at their current "restrictive" levels until it sees real progress in the fight to lower inflation, a senior Fed official said Monday.
Anticipation prolonged after KRX system delayed

Anticipation prolonged after KRX system delayed

The State Securities Commission’s last-minute decision to delay the launch of the KRX trading system, citing insufficient grounds for approval, has surprised investors but gained broad market agreement.
Fiscal deficit to require further economic assistance

Fiscal deficit to require further economic assistance

Despite a state budget surplus so far this year, a fiscal deficit for the whole year is expected due to prolonged difficulties.
Government urged to narrow domestic, global gold price gap

Government urged to narrow domestic, global gold price gap

Permanent Vice Chairman of the National Assembly (NA) Tran Thanh Man on May 13 voiced concern over skyrocketing gold prices, asking the Government to quickly review market management measures to narrow the wide gap between domestic and global prices.
TTC AgriS secures an additional $80 million

TTC AgriS secures an additional $80 million

TTC AgriS has successfully mobilised $80 million, bringing the amount of overseas capital mobilised to $220 million in less than a year.
Lenders increase provisioning to protect against bad debt

Lenders increase provisioning to protect against bad debt

Banks remain worried about bad debt despite an extension of the debt rescheduling period until the end of the year.
HDBank’s faith in ESG pays off for partners and customers

HDBank’s faith in ESG pays off for partners and customers

HDBank is pioneering the internationalisation of its governance practices and is benefiting from the steadfast support of seasoned shareholders and investment funds.
Economic experts mull over best way to aid growth

Economic experts mull over best way to aid growth

Financial experts are considering options on how to support Vietnam's still nascent economic growth.
Leaders up efforts to control domestic gold prices

Leaders up efforts to control domestic gold prices

​​​​​​​The current method of gold bar auctions may not be the optimal direction to effectively control domestic prices, experts have warned.
VIB honoured at digital transformation conference

VIB honoured at digital transformation conference

VIB attended a conference on digital transformation in the banking sector hosted by the SBV at the National Convention Centre.
VIB helps families celebrate this Mother's Day

VIB helps families celebrate this Mother's Day

To celebrate Mother's Day on May 12, VIB is waiving the first-year annual fee when opening a Family Link credit card.
Banks prepare for strategic partnerships

Banks prepare for strategic partnerships

Several Vietnamese banks are strategically positioning themselves to raise capital and court potential investors to expand their market reach.
Weak bank reform to facilitate expansion activities

Weak bank reform to facilitate expansion activities

A number of domestic banks are planning to restructure distressed zero-VND banks, but experts warn that the process is fraught with significant risks, such as rising non-performing loans and unresolved debts.
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