Banking & Finance
Corporate bond issuances total $4.6 bln in 5M
Banking sector accounting for the largest proportion with 67.1%.
Digital Biz
Legal framework key to Da Nang's digital asset hub ambitions
Da Nang has approved a controlled pilot mechanism for a stablecoin payment project. This model allows international tourists visiting the city to make payments using USDT.
VET Exclusive
Banking sector’s commitment to green growth
The State Bank of Vietnam has introduced an action plan to ensure sustainability within the country’s financial system.
Many banks cut deposit interest rates
Deposit interest rates from some commercial banks cut by 0.1-0.5 percentage points.
Gold price gap between domestic and global markets further down
Gold price in Vietnam is higher than the global price around VND280,000 ($10.9) a tael.
A resolution on a financial center proposed
Vietnam ranks among the leading markets in the adoption rate of future financial technologies.
PM asks for further lending rate cut
The move aimed at supporting businesses and spuring economic growth.
Consumer credit surges in HCMC, driven by property loans
Medium- and long-term loans for buying, leasing, building, and repairing houses for residential purposes accounted for the highest proportion.
PVcomBank and Generali Vietnam sign exclusive life insurance distribution agreement
PVcomBank and Generali Vietnam have entered into a strategic partnership for the exclusive distribution of life insurance products.