Banking & Finance

Foreign divestment in Vietnam's equity markets accelerated in March, with real estate and dairy sectors bearing the brunt of sell-offs. VN-Index posts gains amidst strong liquidity.

Prime Minister Pham Minh Chinh demands proactive measures to address technical failures, ensure security, and protect investor interests in the wake of trading system issues.

Central bank orders banks to disclose all fees and interest rates upfront following a scandal where a forgotten $335 debt became $348,000 in 11 years.

Two major foreign banks offer varying projections for Vietnam's economic performance in Q1 and 2024, highlighting the interplay between domestic momentum and external uncertainties.

The increase aims to improve workers' lives, staying ahead of inflation and aligning with recommendations by the National Wage Council.

ADB report highlights bond market decline due to central bank maturity outflows, balanced by a modest rise in corporate bond issuance.