Vietreader's Finance section covers Vietnam's financial industry and personal finance topics. It reports on banking, stocks, taxes, accounting, insurance, financial technology, money management and more.
Gold prices continue to weaken amid rising USD strength and expectations of prolonged high interest rates from the Federal Reserve. Analysts warn that the potential for deeper declines remains significant.
Gold prices have sharply declined, causing significant losses for investors who bought at peak levels. As of
Gold prices have sharply declined, causing significant losses for investors who bought at peak levels. As of June 20, the price of SJC gold was reported at 144.2-147.2 million VND per tael.
Gold prices continue to weaken amid rising USD strength and expectations of prolonged high interest rates from the Federal Reserve. Analysts warn that the potential for deeper declines remains significant.
The stock of Yeah1 Group Corporation (YEG) touched its ceiling price just after the opening of today's trading session and maintained a purple hue throughout the day. The share price reached VND 14,350, the highest level since June 2022, over two and a half years ago. Around 5.7 million YEG shares
Decision Lab, the exclusive partner of YouGov in Vietnam, has released the annual Decision Lab Bank Satisfaction Rankings 2024. The report assesses the Vietnamese banking sector's performance through the lens of customer satisfaction, offering invaluable insights into how well each bank has met the
The bitcoin market has been stirring up again with signs that the price may rise sharply. Some analysts believe Bitcoin could hit $100,000 as large players increase buying volume and market sentiment shifts. This surge would mirror what happened in 2019, sparking debate around bitcoin's future
The Ho Chi Minh Stock Exchange (HoSE) will conduct testing of the new Korea Exchange (KRX) technology system from March 4th after previously delaying the official launch that was originally planned for late last year.
Interfood Joint Stock Company (HOSE: IFS), the owner of the popular Wonderfarm herbal tea brand in Vietnam, has reported strong financial recovery in recent years after going through a period of losses from 2008 to 2015. The company has fully distributed its profits to shareholders as dividends,
Vinhomes, one of the leading real estate developers in Vietnam, is expected to launch three major new projects in the second half of 2024 which is forecasted to significantly boost the company's sales and profits for the year.
On the morning of February 20th, 2024, Vietnam's state bank SBV announced the reference exchange rate between the VND and USD increased by 9 dong to 23,988 dong. Exchange rates at commercial banks also saw uniform increases across the board.
Following the recovery of gold prices in the global market to surpass $2,000 per ounce, prices of gold bars and jewelry in Vietnam have also turned upward by several hundred thousand VND per tael in the morning of February 16th, which falls on the seventh day of the first month in the lunar
In early 2024, ACB officially launched a 2,000 billion VND Green/Social Credit package with many incentives for businesses with production and business plans that benefit the environment and society.
In 2023, in addition to the complex difficulties of the world economic situation, the mass withdrawal incident at SCB Bank at the end of 2022 will have a strong impact on liquidity and market psychology in 2023, according to the Governor of the State Bank of Vietnam Nguyen Thi Hong.
