Market likely to continue to correct this week

Market likely to continue to correct this week

Investors went through a turbulent week as the VN-Index reported the biggest weekly fall since May. Analysts said that in the current environment, financial markets are very likely to continue revaluing.
Central bank acts to tighten dong liquidity

Central bank acts to tighten dong liquidity

The State Bank of Vietnam (SBV) has net withdrawn VND57.6 trillion through open market operation (OMO) and foreign currency selling channels to maintain the liquidity of the banking system at a sufficient level and create indirect impacts on the interbank interest rates.
Standard Chartered named Best ESG Bank in Vietnam in 2022 by Asiamoney

Standard Chartered named Best ESG Bank in Vietnam in 2022 by Asiamoney

Standard Chartered Bank Vietnam has been named the Best ESG Bank in Vietnam in 2022 by Asiamoney.
The 10th anniversary VietinBank - MUFG strategic alliance

The 10th anniversary VietinBank - MUFG strategic alliance

The year 2023 will mark the 10th anniversary of the VietinBank - MUFG strategic alliance and is a significant milestone for the two banks.
MoF proposes to reduce tax for input material of petrol products to 10%

MoF proposes to reduce tax for input material of petrol products to 10%

The Ministry of Finance (MoF) has proposed to reduce the most-favoured-nation (MFN) tariff for some kinds of gasoline products used as input materials for production of other products from 20 per cent to 10 per cent to reduce the price of input materials.
Corporate bond market reform adds safety net for investors

Corporate bond market reform adds safety net for investors

The fresh and stringent legislative framework for the corporate bond market is slated to pave the way for a better debt sector in Vietnam, while the interests of issuers and investors could be safeguarded.
Currency stable amid fresh Fed hike

Currency stable amid fresh Fed hike

Despite the US Federal Reserve’s latest interest rate hike, the Vietnamese currency has seen only limited depreciation when compared to the currencies of its regional partners.
Trading volumes increase in spite of money market jitters

Trading volumes increase in spite of money market jitters

As financial fragility is pushed by uncomfortably high expansion and national banks’ arrangements push investigators to pile back into the market, forex trading volumes are rising again.
VN-Index hits 2-1/2-month low on risk-off sentiment

VN-Index hits 2-1/2-month low on risk-off sentiment

The stock market opened the new week on a negative note, with both benchmark indices dropping more than 2 per cent due to weak risk appetite.
Banks moving to restructure bad debts

Banks moving to restructure bad debts

As a circular on debt rescheduling for clients affected by the pandemic has expired, banks will face increased debt restructuring.
VIR talk show to discuss digital talent and transformation in banking

VIR talk show to discuss digital talent and transformation in banking

On September 26, VIR will host a talk show on the digital transformation in the banking industry.
Assessing the potential of buy now, pay later services

Assessing the potential of buy now, pay later services

Home Credit is betting on the prospects of buy now, pay later services in Vietnam. Michal Skalicky, chief customer officer of Home Credit Vietnam, shared with VIR’s Thanh Van his insight into the growth potential in Vietnam’s e-commerce market.
Keeping on top of crypto legislation

Keeping on top of crypto legislation

The growth of central bank involvement in the digital currency sector has significantly been increased in recent years, with many central banks considering launching a central bank digital currency.
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