31 enterprises receive licenses for trading gold bars

31 enterprises receive licenses for trading gold bars 1

The State Bank of Vietnam (SBV) has granted licenses for the trading of gold bars to 31 enterprises.
Banks move to cut deposit interest rates

Banks move to cut deposit interest rates

A State Bank of Vietnam (SBV) announcement about a possible cut in deposit interest rates has spurred many banks into action even before an official decision is taken.
Banks bid to attract fresh gold deposits

Banks bid to attract fresh gold deposits

Banks in Ho Chi Minh City are vying to increase interest rates on gold and deposits in unpopular foreign currencies, considering it as a solution to improve liquidity.
Banks rely on foreign partners to raise capital

Banks rely on foreign partners to raise capital

One of the ways in which banks are planning to increase their charter capital this year is to have their strategic partners acquire a greater stake – from the current 10 to 20 per cent.