New colours painted for Vietnam’s recovery

New colours painted for Vietnam’s recovery

After witnessing a series of uncertainty throughout 2022, in particular with interest rates and foreign exchange movement, Vietnam’s economy was expected to adopt a V-shaped recovery in 2023.
Interest rate cutbacks designed to assist borrowers

Interest rate cutbacks designed to assist borrowers

Several Vietnamese banks implemented substantial interest rate reductions in 2023 to stimulate loan uptake across various sectors, despite challenges in meeting credit growth targets.
Exchange rate pressure to soften by year end

Exchange rate pressure to soften by year end

The VND-dollar exchange rate is expected to soften in the coming months.
Exchange rate pressure to soothe by end of 2023: expert

Exchange rate pressure to soothe by end of 2023: expert

Pressure on exchange rates looks to ease up in the final months of the year.
Interest rate anchoring in US supporting VND status

Interest rate anchoring in US supporting VND status

The US Federal Reserve’s July interest rate rise by 0.25 percentage points, resulting in policy rates reaching a 22-year high, may not be the end of the matter given the recent trend of continuously lowering interest rates.
Thai central bank raises interest rate to 9-year high

Thai central bank raises interest rate to 9-year high

The Bank of Thailand (BoT) raised its key interest rate to a nine-year high on August 2, amid concerns about possible inflation and political instability.
Senior Fed official backs July interest rate hike

Senior Fed official backs July interest rate hike

A senior US Federal Reserve official said Thursday he supported another interest rate hike later this month, and backed a second hike before the end of the year to keep tackling inflation.
Stock market positively responds to interest rate cuts

Stock market positively responds to interest rate cuts

The stock market has reportedly shown positive response to recent interest rate cuts.
Interest rate cut contributes to supporting economic growth: economists

Interest rate cut contributes to supporting economic growth: economists

The State Bank of Vietnam (SBV) has cut regulatory interest rates for four consecutive times since the beginning of this year, in the context that world interest rates continue to rise and stay at a high level.
Policy interest rate expected to further reduce in H2 2023

Policy interest rate expected to further reduce in H2 2023

The analysts also expect the average 12-month deposit interest rate will drop to 7 per cent per year in 2023.
Interest rate cuts alone deemed insufficient

Interest rate cuts alone deemed insufficient

Members of the business community and experts are weighing up the diverse aspects of interest rate reductions, focusing on measures to ensure future growth.
Rate reductions deemed well-timed

Rate reductions deemed well-timed

The latest initiative from Vietnam’s central bank to introduce a round of interest rate reductions within a condensed timeframe is regarded as a favourable stride aimed at invigorating economic expansion.
Falling interest rates likely in H2

Falling interest rates likely in H2

Interest rates are likely to soften in the coming months, citing several factors in both the domestic and international markets.
An expert's view on interest rate movements

An expert's view on interest rate movements

A senior economist shared his views on the potential impact of interest rate movements on the banking system and the economy in the coming months.
Asian markets track Wall St losses on rate, recession fears

Asian markets track Wall St losses on rate, recession fears

Asian markets fell Friday on lingering recession worries as data indicated the US economy was slowing down, while Federal Reserve officials pressed their case for further interest rate hikes to battle stubborn inflation.
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