The impressive 20-year development journey of VBSP

The impressive 20-year development journey of VBSP

The past 20 years has marked a successful development journey for the Vietnam Bank for Social Policies (VBSP), which has played a key role in alleviating poverty.
Shares tumble, VN-Index falls below 1,100 points

Shares tumble, VN-Index falls below 1,100 points

Stocks stumbled on Monday with the VN-Index falling below the 1,100 point mark as investors’ optimism petered out amid strong selling forces.
Credit growth cap remains indispensable for macroeconomic stability

Credit growth cap remains indispensable for macroeconomic stability

Businesses have faced difficulties in access to capital and commercial banks want to be able to lend freely to meet market demand. However, experts said the imposition of the credit growth cap is still necessary to keep the country’s macro economy stable in the short run.
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The State Bank of Vietnam (SBV) has net withdrawn VND57.6 trillion through open market operation (OMO) and foreign currency selling channels to maintain the liquidity of the banking system at a sufficient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.
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