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.
SBV issues $854 mln worth of T-bills
The T-bills offered via auction as part of measures to stabilize the USD/VND exchange rate which kepts increasing since early October.
Domestic gold price hits new record
The selling price of SJC-branded gold bars soaring to VND88 million ($3,471) per tael, the highest increase since June.
Head of Anti-Money Laundering Steering Committee named
Deputy PM Ho Duc Phoc leading the committee under a Prime Ministerial Decision that took place on October 18.
Government plans to borrow over VND815 trillion (more than $32.4 billion) in 2025
It is estimated that the Government's debts and national debts would be around 34-35% and 33-34% of GDP, respectively, by the end of 2025.
Domestic gold ring price hits record high
The selling price of gold ring reaching VND85.6 million ($3,368) per tael on October 18.
Two weak banks transfered to Vietcombank, MB Bank
The mandatory transfer is one of solutions to improve the local banking system and address bad debts, according to the central bank.