Tag: economic organizations

While the idle funds of the population going to banks continues to increase sharply, deposits by economic organizations are showing signs of falling. According to analysts, the decline in deposits by the latter is a good thing, proving that the economy is actually recovering. Money is again returning to the economy through production and business activities and not stagnating at banks.

Production and business activities were halted due to Covid-19 last year and deposit interest rates were low, so the deposit balance of corporate customers far exceeded that of individual customers. According to analysts, this abnormal situation will soon return to normal as Vietnam’s economy recovers.