Less stress on banking system
Banking & Finance

Less stress on banking system

The credit balance in February was down by VND96 trillion ($4.1 billion) while cash outflows seen before the Lunar New Year (Tet) returned, meaning less stress on liquidity in the banking system. This is most evident in the decline in interbank interest rates.
Banking & Finance

Stocks market not overly affected by Russia- Ukraine conflict

According to Mr. Petri Deryng, Portfolio Manager at the PYN Elite fund, the response of Vietnam’s stock market to the Russia-Ukraine crisis has been only moderate, with 95 per cent of transaction value coming from individual domestic investors. If the conflict become worse and lasts longer, however, the market will see negative developments in the weeks to come.
Banking & Finance

Dragon Capital: 2022 inflation may hit 4.18%

According to Dragon Capital, oil prices may exceed $150 a barrel this year due to the crisis between Russia and Ukraine. Stock market investors therefore need to prepare for a worst-case scenario of inflation reaching 4.18 per cent in 2022, exceeding the target set by the government of less than 4 per cent.