Gold market rejuvenation on horizon

Gold market rejuvenation on horizon

Beyond identifying physical gold bars or establishing a gold exchange, fresh proposals have gone further, including the introduction of securities-like accounts at banks and gold trading enterprises.
Steady interest rates before H2 rebound

Steady interest rates before H2 rebound

Vietnam’s deposit rates remain subdued on strong liquidity and policy support, but accelerating credit growth and year-end pressures could trigger a mild upward shift.
Autonomy and stability balanced via credit reform

Autonomy and stability balanced via credit reform

The State Bank of Vietnam is setting out a roadmap towards removing credit growth ceilings, accompanied by efforts to enhance the autonomy of credit institutions.
Policy tools in play as exchange rate rises

Policy tools in play as exchange rate rises

As the VND hits record lows against the USD, Vietnam’s central bank is stepping up liquidity management and signalling readiness for stronger interventions to ease exchange rate volatility and safeguard macroeconomic stability.
Interest rates on downward trajectory

Interest rates on downward trajectory

Persistently low volumes in collateralised open market operations lending, and the central bank’s steady net withdrawals, have underscored a surplus of VND liquidity in the banking system, bolstering market confidence and driving interbank rates to fresh lows.
Purchases put pressure on exchange rate

Purchases put pressure on exchange rate

As the USD/VND exchange rate remains volatile under mounting pressures, all eyes are now on trade negotiation with the US, and State Bank of Vietnam’s next policy moves on balancing market stability.
Private sector framework helping businesses think big

Private sector framework helping businesses think big

Vietnam’s stock market, with 1,740 public companies, is emerging as the locomotive realising the spirit of Resolution No.68-NQ/TW, paving the way for the private sector to rise.
Gold market embarks on transparent path

Gold market embarks on transparent path

Developing a gold exchange in Vietnam will improve market management and is a strategic step toward establishing a regional and international gold trading centre.
Lenders utilise tiered interest rate incentives

Lenders utilise tiered interest rate incentives

Amid persistently low deposit interest rates, banks are flexibly implementing policies or applying tiered interest rate structures to attract deposit inflows.
Credit expects to surge as rates bottom out

Credit expects to surge as rates bottom out

Widespread deposit rate cuts have pushed Vietnamese banks’ interest rates to their lowest in two years, even as the pace of decline begins to slow.
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