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Asian stocks struggle to track Wall St higher, earnings in focus

By AFP April 12, 2024 | 14:32

Asian markets mostly fell Friday as traders struggled to build on Wall Street's positive lead, with hopes for a June interest rate cut fading, while earnings season gets underway in the United States amid optimism for companies' profit outlooks.

Buy now, pay later transactions to reach $3.33 billion in 2024

By Vy Bui April 12, 2024 | 09:59

Buy now, pay later (BNPL) payments in Vietnam are expected to grow by 41.8 per cent on an annual basis to reach $3.33 billion in 2024, according to an industry report released by ResearchAndMarkets on April 11.

ADB highlights geopolitical tensions in gold market

By Nhat Minh April 12, 2024 | 09:00

The Asian Development Bank office in Vietnam has addressed fluctuating trends in the global gold market.

Bitcoin world faces 'halving': what's happening?

By AFP April 11, 2024 | 15:41

Bitcoin miners, whose computer processors run the world's most popular virtual currency, will soon face the process of "halving" -- a quadrennial phenomenon which alters the profitability of the industry.

PV Power secures $300 million loan to fund LNG plants

By Vy Bui April 10, 2024 | 17:06

PetroVietnam Power has signed a $300 million deal with Citibank and ING to supplement capital for Nhon Trach 3 and 4 power plants.

How supply and demand support the fund market in Vietnam

By Dr. Na Sung Soo April 10, 2024 | 15:36

In the current environment marked by record-low interest rates, unpredictable fluctuations in gold prices, and numerous uncertainties in the stock market, many individual investors are turning to fund certificates as a viable and sustainable investment.

Banks post huge profits despite low credit growth

By Hazy Tran April 10, 2024 | 15:26

Credit growth throughout the banking sector in the first quarter remained low at 0.26 per cent, but many banks still reported significant profits.

Power tickers anticipate rosier future

By Trang Thuy April 10, 2024 | 15:09

Listed power companies are expecting to entice new money streams after being ignored by investors.

Banks eye charter increase

By Nhue Man April 09, 2024 | 09:46

Vietnam’s banks are to set out ambitious plans to raise charter capital this year.

Exchange rates hover near historical highs

By Celine Luu April 09, 2024 | 09:37

Substantial foreign investor outflows from Vietnam’s equity markets might prompt the central bank to introduce measures to stabilise exchange rates, facing heightened volatility.

Dated policies on gold necessitate modernisation

By Luu Huong April 09, 2024 | 09:23

Experts have called for regulatory changes to align Vietnam’s gold prices with global rates, suggesting authorised imports by businesses to reduce smuggling, stabilise the market, and increase foreign reserves.