Banking & Finance
Gold prices in Vietnam continue downward trend
Despite the decline, domestic prices remaining about VND20.08 million ($763) per tael higher than international levels.
Banking & Finance
Banks agree to cut interest rates following meeting with new Governor
This move comes as several banks have been aggressively competing for capital, causing market interest rates to spike in recent times.
Banking & Finance
Vietnam's stock market will be upgraded from a frontier market to an emerging market in September
The global index provider FTSE Russell makes the confirmation in its latest mid-cycle review, released on April 8.
Vietnam waives transport fees to ease cost pressures on businesses
The policy taking effect from April 7 to June 30, 2026.
Three-consortium proposes $1.15 billion financial tower for Vietnam’s IFC in HCMC
A consortium comprising REE, HFIC, and VinaCapital has proposed investing $1.15 billion to develop a 99-storey financial tower in Ho Chi Minh City's Thu Thiem New Urban Area, expected to become a landmark of Vietnam’s International Financial Centre.
HCM City jumps 11 positions in Global Financial Centers Index
The improved standing signals meaningful gains in upgrading the financial business environment, strengthening infrastructure and deepening connectivity with international markets.
Special remuneration mechanism proposed for financial center experts
The applicable subjects include the Chairperson, Vice Chairpersons, and members of the Executive Council; personnel working in the Assisting Body and the Advisory Council; and other relevant agencies, organizations, and individuals.
Cross-border QR code payment services between Vietnam and China launched
Under the new arrangement, Chinese tourists can use Alipay - a member wallet of Ant International - to scan VIETQRGlobal codes and make direct payments at merchants within NAPAS’ network across Vietnam.
HCM City's outstanding credits reach $200bln in Q1
Credit growth mainly focused on economic growth drivers as well as businesses and production sectors.