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.
Gold skyrockets on back of tariff barrage

Gold skyrockets on back of tariff barrage

Gold prices have surged to an all-time high, driven by fears of an escalating trade war after new US tariffs, but analysts cautioned that the rush to safe-haven assets could overshadow investment in production.
World Bank to help SBV build shared database for banking industry

World Bank to help SBV build shared database for banking industry

The State Bank of Vietnam has initiated a project to build a shared database for the banking industry.
Exchange-traded funds appealing for digital assets

Exchange-traded funds appealing for digital assets

As digital assets gain increasing prominence, many experts believe that exchange-traded funds could be the safest and most feasible approach.
Vietnam to seek US tariff postponement to serve negotiations

Vietnam to seek US tariff postponement to serve negotiations

PM Pham Minh Chinh asked the negotiation delegation to propose the US consider postponing the imposition of the new tariff policy for at least 45 days so that the two sides have more time to discuss and prepare for status transition.
Vietnam strives to alleviate US tariff plan

Vietnam strives to alleviate US tariff plan

Vietnam’s leaders are mobilising to respond effectively to the new tariff rates imposed by the United States last week.
Dutch bank FMO grants $15 million to Phuc Sinh

Dutch bank FMO grants $15 million to Phuc Sinh

The Dutch Entrepreneurial Development Bank (FMO) signed a funding contract worth $15 million with Phuc Sinh Corporation in Ho Chi Minh City on April 4.
Tariff shock poses resilience test for investors

Tariff shock poses resilience test for investors

Investor sentiment was dominated by fear on April 3, as widespread selling pressure negatively impacted nearly all sectors.
Vietnam can leverage advantages to develop a financial centre

Vietnam can leverage advantages to develop a financial centre

Techcombank CEO Jens Lottner shared valuable insights at a Ho Chi Minh City conference on building a financial centre on March 28.
Crypto clarity could offer fresh investment channels

Crypto clarity could offer fresh investment channels

Recognising cryptocurrency and building a comprehensive legal system will not only help Vietnam access foreign currency but also create an alluring environment for domestic businesses.
Pilot policy to set up digital asset tax framework

Pilot policy to set up digital asset tax framework

Amid the complexity of tracking transactions on digital asset exchanges, Vietnam is drafting policies to collect personal income tax on such traders.
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.
Trump tariffs hammer global stocks, dollar and oil

Trump tariffs hammer global stocks, dollar and oil

Stock markets and the dollar tumbled Thursday after President Donald Trump's latest worldwide tariff salvo fanned a trade war that many fear will spark recession and ramp up inflation.
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