Exchange and interest rates forecast to remain stable after US election

Exchange and interest rates forecast to remain stable after US election

Experts believe that Vietnam's economic fundamentals are strong enough to withstand the volatility stemming from the US presidential election results.
US stock momentum bodes well for others

US stock momentum bodes well for others

The US Federal Reserve will meet in early November and is likely to cut interest rates again, which is expected to have a positive impact on the stock market in Vietnam.
Several banks suspend interest payments for typhoon-affected borrowers

Several banks suspend interest payments for typhoon-affected borrowers

Several banks have granted interest waivers or reductions to borrowers affected by Typhoon Yagi.
Fed rate cut expands Vietnamese monetary policy flexibility

Fed rate cut expands Vietnamese monetary policy flexibility

The 50 basis-point cut in last week's Fed meeting is expected to have as positive impact on the Vietnamese economy.
'A good strong start' to Fed’s rate cut cycle

'A good strong start' to Fed’s rate cut cycle

The recent interest rate cut announced by the US Federal Reserve may increase the likelihood of the SBV to follow suit, say experts.
Expectations of rate cut ahead of Fed meeting

Expectations of rate cut ahead of Fed meeting

Easing monetary policy may continue given the high chance of a Fed pivot with rate cuts.
SBV offers fresh catalyst for growth

SBV offers fresh catalyst for growth

The State Bank of Vietnam’s efforts to lower interbank interest rates and increase credit limits for banks will provide additional momentum for growth, with economic recovery pace being crucial to sustaining credit demand.
Vietnam prepares as Fed closer to cutting interest rates

Vietnam prepares as Fed closer to cutting interest rates

The US Federal Reserve is likely to start cutting interest rates, which, if becoming true, would affect Vietnam’s trade activities late this year.
Fluctuations to be expected ahead of Fed cut and election

Fluctuations to be expected ahead of Fed cut and election

The global economy is awaiting moves from the US Federal Reserve to cut interest rates. Nguyen Tri Hieu, senior financial expert, shared with VIR’s Nhue Man implications of eminent global standing on Vietnam’s economy and weighing efficient channels for investment in the rest of 2024.
Homebuyers reluctant to take out loans despite low interest rates

Homebuyers reluctant to take out loans despite low interest rates

Concerns about rising floating interest rates and stringent borrowing conditions have subdued the demand for home loans among individuals and investors.
US Fed vice chair says interest rates should remain on pause

US Fed vice chair says interest rates should remain on pause

The US central bank should keep interest rates at their current "restrictive" levels until it sees real progress in the fight to lower inflation, a senior Fed official said Monday.
Economic experts mull over best way to aid growth

Economic experts mull over best way to aid growth

Financial experts are considering options on how to support Vietnam's still nascent economic growth.
Exchange rate pressures could affect interest rates

Exchange rate pressures could affect interest rates

Recent exchange rate pressures are expected to lead to an increase in interest rates, according to the SBV.
Interest rates likely to remain fairly levelled

Interest rates likely to remain fairly levelled

Encouraging credit expansion amid declining interest rates is crucial, but maintaining stringent standards is imperative to prevent a resurgence of non-performing loans.
Upward trend anticipated in forex rate

Upward trend anticipated in forex rate

The forex market faces pressures in the second quarter.
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