Banking & Finance
Domestic gold prices fall to three-month low
Domestic prices still higher than global levels, with a gap of about VND14.86 million ($565) per tael.
Vietnam Today
Deputy Prime Minister proposes reduction of electricity prices and gasoline tax in November
These measures are proposed in the context of needing to reduce energy costs and support production, business activities, and people's livelihoods.
Digital Biz
Pressure mounts to speed up science and tech budget payout
With just 41.18 percent of allocated funds disbursed as of late October, Vietnam faces strong pressure to accelerate spending on science, technology, innovation, and digital transformation in the remaining months of the year.
HSBC arranges $105 million green loan for EVNNPC's energy storage investment
The $105-million international syndicated green loan arranged by HSBC will assist the Vietnam Electricity's Northern Power Corporation (EVNNPC) in deploying energy storage systems at 70 existing substations, aiming to enhance load demand response capabilities and mitigate the risk of grid overload.
A step up the capital ladder
FTSE Russell’s upgrade opens Vietnam’s stock market to global capital but retaining long-term investment remains the key challenge.
At least 22 banks commit to cutting lending rates
The reductions generally range from 1.5 to 2 percentage points per year compared with banks’ standard lending rates.
Southeast Region attracts 35% of total bank lending
The region reporting outstanding loans of nearly VND6.8 quadrillion ($258 billion) by the end of September.
HCM City targets $19 billion in foreign investment in 2026
The city is prioritising high-quality FDI in finance, technology, digital transformation, the green economy, sustainable development and innovation.
Taking convenience a step further
Participants at a recent Vietnam Economic Times / VnEconomy forum shared their thoughts on promoting cross-border QR code payments.