Banking & Finance
Real estate capital flows show signs of recovery
Outstanding credit for real estate business activities reaching VND2.24 quadrillion ($88.9 billion) as of late February.
Banking & Finance
Vietnam-RoK cross-border QR payment service launched
The move aiming to promote cross-border digital payments and tourism between the two countries.
Banking & Finance
Vietnam grants license to first foreign bank since 2008
The Industrial Bank of Korea (IBK)'s Vietnam subsidiary has been licensed to establish a wholly foreign-owned, locally incorporated bank.
Domestic gold prices drop four days in a row
Prices of SJC-branded gold bars slipping to the lowest level in a month.
MoF forecasts $38.2 bln ODA mobilization for 2026–2030 period
According to the Ministry of Finance, foreign borrowing will be managed with a reasonable scale and structure, prioritizing key projects with significant "spillover effects."
HCMC remittances drop 15.6% to $2 bln in Q1 2026
This downward shift not only highlights the current challenges facing the Vietnamese economy but also presents new opportunities for strategic adjustments and sustainable development.
Domestic gold prices drop to lowest level in a month
Domestic prices remaining significantly higher than global levels, with a gap of about VND16.56 million (roughly $629) per tael (roughly 1.2 ounces).
Ho Chi Minh City an expected international financial hub
Launched late last year, the task now for Vietnam’s International Finance Center in Ho Chi Minh City is to ensure it is set up to deliver on its objectives.
2025 Vietnam Banking Brand Health Ranking released
The results highlighting intensifying competition as the gap between leading banks and their challengers continues to narrow.