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.
VN-Index Sees Strongest Surge in a Month
The VN-Index experienced its most significant increase in a month, rising by 24 points to reclaim the psychological milestone of 1,700 points. The surge was largely driven by Vingroup stocks, prompting analysts to recommend cautious buying.
Dow Jones Plummets 800 Points Ahead of Fed Decision
The Dow Jones Industrial Average dropped by 800 points as market losses intensified in anticipation of the Federal Reserve's interest rate decision. This decline was further exacerbated by rising oil prices and ongoing tensions in the Middle East.
SSI Invests 500 Billion VND in New Technology Fund
SSI Securities Corporation has announced a significant investment of 500 billion VND into the SSI-NextGen Technology Fund. This move aims to enhance its portfolio and strengthen its position in the market.
Bank Interest Rates Today: Five Banks Offer Over 8.2%
As of July 28, 2026, several banks in Vietnam are offering competitive interest rates, with five institutions exceeding 8.2% for certain deposit terms. The leading bank is PVcomBank, offering a remarkable 10% for specific large deposits.
Gold Prices Dip Below $4,100 Ahead of Fed Meeting
Gold prices fell slightly below $4,100 per ounce on July 27, as the market awaits the upcoming Federal Reserve meeting. This decline comes amid easing tensions in the Middle East, which have contributed to reduced inflation concerns.
Bank Interest Rates Update: New 9% Rate for 6-Month Deposits
As of July 27, 2026, several banks in Vietnam are offering attractive interest rates for savings accounts. Notably, a new rate of 9% per annum is available for deposits with a term of six months.
Record Bank Deposits Exceed 10.82 Quadrillion VND Amid High Interest Rates
Vietnam's bank deposits have reached a record high of over 10.82 quadrillion VND as of May 2026, driven by sustained high interest rates. This marks a significant increase from previous months, reflecting strong public confidence in the banking system.
Walmart's Stock Decline Challenges Private-Label Growth Strategy
Walmart's stock fell 4.2% this week, raising questions about its private-label growth strategy. Despite a slight recovery on Friday, the company's valuation remains significantly higher than its competitors.
Six-Month Savings Interest Rates Reach Up to 9%
Savings interest rates for six-month terms in Vietnam have surged, with some banks offering rates as high as 9% per year. Depositors can earn up to 45 million VND in interest on a deposit of 1 billion VND after six months.
Vietnamese Stock Market Approaches 1,700 Points
The Vietnamese stock market is nearing the psychological threshold of 1,700 points, driven by strong demand from the real estate and securities sectors. The VN-Index saw its most significant increase in a month, closing at 1,699.4 points.
Nasdaq Volatility Index Highlights Divergence with VIX
The Nasdaq 100 Volatility Index (VXN) recently closed at 26.91, significantly higher than the CBOE Volatility Index (VIX), which was near 15. This notable spread of 11.8 points raises questions about market conditions and investment strategies focused on Nasdaq exposure.
Nguyen Duy Hung: Stock Prices Have Become Attractive
Nguyen Duy Hung, Chairman of SSI Securities Corporation, has commented on the current state of stock prices in Vietnam, stating that many have reached attractive levels for value investors. This statement comes after a significant decline in the Vietnamese stock market.
