Banking & Finance
VIS Rating: Banks’ asset risk stable in 9M
Asset risk shielded by limited exposure to typhoon-hit northern region.
Banking & Finance
Domestic gold prices up in line with global moves
Selling price of SJC-branded gold bars rose to VND85 million ($3,330) per tael on November 19.
Banking & Finance
Finance ministry proposes 2% VAT reduction for first half of 2025
The policy aimed at supporting businesses and stimulating the economy.
26.3 mln banking account owners completing biometric verification
The verification aimed at ensuring security for online transactions.
Over $3.8 bln of bad debts handled in 5M
The central bank targetting to reduce bad debt ratio to less than 3%.
Corporate bond issuance reaches $5.8 bln in 7M
The banking sector remainining the largest issuer.
Central bank sets key tasks for second half of the year
Measures to be taken to reduce lending interest rate.
Domestic gold price drops following global trend
The price of SJC-branded gold bars down by $19.6 per tael on July 23.
Green credit growth reaches 22% annually
Total oustanding green credit estimated at $25 bln as of March, 2024.