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Finance

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.

Image: Investors are "bored" with stocks, and bank deposits set records; what is happening?

Investors are "bored" with stocks, and bank deposits set records; what is happening?

Besides the lack of new money entering the market, the VN-Index losing the important milestone of 1,100 points also significantly affected investor psychology, making trading gloomy.

Image: Technical recession in Europe and the Fed's move affected Vietnam

Technical recession in Europe and the Fed's move affected Vietnam

The tightening monetary policy of the Fed and ECB, the risk of technical recession in Europe, and China's recovery momentum impact Vietnam's imports and exports, according to a newly published report by BIDV Securities (BSC).

Image: Stock focus: Why is the market so volatile, and has it reached a bottom?

Stock focus: Why is the market so volatile, and has it reached a bottom?

According to experts, the root cause of the market's strong fluctuations last week was due to the unstable psychology of the majority of individual investors, which accounts for a large proportion.

Image: Top 5 countries leading in accepting cryptocurrency: Vietnam surpasses the US

Top 5 countries leading in accepting cryptocurrency: Vietnam surpasses the US

According to Chainalysis's Global Crypto Adoption Index 2023 report, Vietnam is among the top countries in the cryptocurrency adoption index, ranking above the United States.

Image: Very quickly, the State Bank cut interest rates by 150 basis points

Very quickly, the State Bank cut interest rates by 150 basis points

Responding quickly and operating flexibly, the State Bank has reduced interest rates four times in a row, a total of 150 basis points in the first six months of 2023.

Image: Forecasting the highlights of the banking industry in the last months of 2023

Forecasting the highlights of the banking industry in the last months of 2023

According to KBSV, good credit recovery will impulse the net interest income. In addition, NIM and non-performing loan ( NPL ) control of the banking industry are expected to become more positive in the year-end period.

Image: Bạn cần những gì để vay tiền bằng cavet xe

Bạn cần những gì để vay tiền bằng cavet xe

Nếu bạn có phương tiện di chuyển và cần tiền gấp để giải quyết khó khăn tài chính tạm thời, bạn có thể vay tiền bằng cavet xe. Hình thức cho vay này được người Việt Nam ưa chuộng cũng như vay tiền bằng sổ nhà hoặc hoá đơn tiền điện. Vì hầu như mỗi người Việt Nam đều có xe máy. Trong bài viết này,

Image: 21 commercial banks and 6 finance companies have been approved to increase charter capital by the State bank.

21 commercial banks and 6 finance companies have been approved to increase charter capital by the State bank.

According to a report sent to the National Assembly, the State Bank (SBV) had informed about coordinating with relevant ministries and branches to submit to the Prime Minister for consideration of supplementing state capital for BIDV from the remaining profit after taxes, After setting up funds in

Image: Pointing out the 'impossible task' of Vietnam's economy

Pointing out the 'impossible task' of Vietnam's economy

In the past 9 months, Vietnam's economy grew by 4.24% over the same period. This is an improvement compared to 3.72% in the first half of 2023 but only half of the growth rate of 8.85% compared to the same period in 2022.

Image: Exploding the e-wallet market, MoMo and ZaloPay lead the list of losses

Exploding the e-wallet market, MoMo and ZaloPay lead the list of losses

The Vietnamese market is witnessing fierce competition from more than 40 e-wallets and is considered to be in a boom period. By the end of 2021, MoMo and ZaloPay are leading the list of losses.

Image: A Vietnamese bank suffered a series of withdrawals, but the economy grew at a record level

A Vietnamese bank suffered a series of withdrawals, but the economy grew at a record level

According to the Board of Executive Directors of the International Monetary Fund (IMF), a fairly large domestic bank had its deposits withdrawn en masse in October 2022 and was placed under the control of the State Bank of Vietnam.

Image: Vinamilk firmly holds its position as a leading listed company after 20 years of equitization

Vinamilk firmly holds its position as a leading listed company after 20 years of equitization

2023 marks the 20th anniversary of Vinamilk's equitization. Over two decades, the "giant" of the dairy industry has proven its production and business model's effectiveness and stable management capacity in the face of market changes.