Gold monopoly policy retooling in the works

Gold monopoly policy retooling in the works

In a landmark move to liberalise its gold market, Vietnam is set to dismantle the state’s long-standing monopoly on gold bullion production and use e-invoices for transactions.
Banks remain decisive to push against headwinds

Banks remain decisive to push against headwinds

Credit growth is becoming increasingly difficult to sustain amid mounting external pressures. Nguyen Quoc Hung, vice chairman and general secretary of the Vietnam Banks Association, talked with VIR’s Vy Vy how banks must go beyond restructuring growth models.
Financial sector heats up with strategic M&A moves

Financial sector heats up with strategic M&A moves

Financial sector deals are shifting from traditional dealmaking to mandatory transfers of weak banks and strategic exits from fintech arms, with experts urging insurers to play a central role in bank restructuring.
Exchange rates react sharply to US tariffs

Exchange rates react sharply to US tariffs

Banking experts are attempting to piece together the likely impacts of tough worldwide tariffs imposed by the United States, with Vietnam’s central bank under the microscope when it comes to maintaining low interest rates.
Digital assets create prospects for financial securities products

Digital assets create prospects for financial securities products

While the rising popularity of digital assets may pressure stock market liquidity, it also presents opportunities for businesses to adjust models to stay ahead, securities firms acknowledge.
Deposit rate drops ensure banking system stability

Deposit rate drops ensure banking system stability

Vietnam’s move to cut treasury bill rates, inject long-term liquidity, and support lower deposit rates is a strategic step to ensure banking system stability and reduce capital costs.
Corporate bond market impacted with restructure

Corporate bond market impacted with restructure

The corporate bond market, as a key channel for medium- and long-term capital supply to the economy, is expected to rebound strongly following recent restructuring in Vietnam.
Banks adjust to balance and cut costs

Banks adjust to balance and cut costs

With simultaneous interest rate cuts and accelerated credit disbursement, banks are fuelling Vietnam’s economic breakthrough, driving towards the ambitious targets of 8 per cent GDP growth and 16 per cent credit expansion this year.
Lenders use Lunar New Year to offer alluring rates

Lenders use Lunar New Year to offer alluring rates

Following the Lunar New Year holiday, many banks simultaneously adjusted deposit interest rates to attract idle capital from customers, while lending rates also showed an upward trend, presenting attractive opportunities, but also significant challenges for borrowers.
High-tech methodology can conquer agri-market

High-tech methodology can conquer agri-market

By 2050, Vietnam aims to lead global agriculture with sustainable, modern agri-processing, driven by technology. Yaron Mayer, Israeli Ambassador to Vietnam, told VIR’s Vy Vy how Israel can be part of this journey by bringing its expertise in agriculture and other industries.
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