Banking & Finance
Domestic gold prices drop, ending a three-session winning streak
Domestic prices still higher than global levels, with a gap of about VND2.66 million ($101) per tael.
Banking & Finance
Ensuring a unified regulatory framework for IFC
The National Assembly Standing Committee (NASC) continued its deliberations on the draft Law on Urban Development during a session on August 17, with a key focus on the legal framework for the Vietnam International Financial Center (IFC).
Banking & Finance
Domestic gold prices hit one-month high
Gold prices in the domestic market were priced at VND144.8 million ($5,505) per tael for selling and VND141.8 million ($5,391) per tael for buying, their highest levels since mid-July.
Foreign credit institutions allowed to conduct int’l payments via accounts in Vietnam
Under a new circular from the State Bank of Vietnam, such payments and money transfers can be conducted from September 19, 2026.
HCM City disburses 41.2% of 2026 public investment capital
The southern city’s total public investment plan for 2026 stands at VND147.6 trillion ($5.6 billion).
Real estate credit reaches $196bln by end-June
Real estate loans accounting for 25.5% of total outstanding credit to the economy.
Crucial policy direction of the financial market reform
The development of infrastructure bonds has been included in Vietnam’s financial market reform agenda and are geared toward financing projects with long-term investment horizons.
Rethinking capital allocation
Simply mobilizing capital is no longer the name of the game in investment endeavors to support growth as how this capital is deployed becomes the more pressing issue.
Firms from Vietnam and Singapore partner to develop cross-border digital trust infrastructure
The partnership between PILA and TOTM Technologies aims to establish a trusted digital verification platform for cross-border transactions, helping promote digital trade, reduce verification costs and strengthen trust among businesses, financial institutions and regulators.