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.
On August 23, gold prices experienced a significant increase, leading to profits for investors. Both domestic and global gold markets reported strong gains as trading concluded for the week.
Bitcoin has surged past $72,000, marking a significant rise after weeks of trading in a narrow range. This increase was accompanied by the liquidation of over $3 billion in short positions across the cryptocurrency market.
As of August 21, gold prices continue to hold at high levels, with the global price listed at $4,528 per ounce. This increase comes amid a decline in the US dollar and bond yields following announcements from the US Treasury.
On August 21, 2026, global gold prices experienced a significant surge after a brief dip. The SJC gold price is expected to continue rising following a strong performance the previous day.
Techcombank has announced its latest interest rates, offering up to 6.9% per annum for online savings accounts. Customers depositing 100 million VND can earn 12 million VND in interest over two years.
Gold prices experienced a significant rebound on August 19, reversing a morning decline of over 1.4%. The shift in the market has drawn attention from investors and analysts alike.
Binance is experiencing a significant surge in its TradFi perpetual contracts, with the SanDisk perpetual contract leading the way. This growth reflects a shift in trading habits as more investors turn to Binance for exposure to traditional finance assets.
Cake by VPBank is offering a promotional savings interest rate of 9.2% per annum for first-time depositors who invest 200 million VND for six months. This rate is significantly higher than the standard rates offered by other banks.
During the 'Digital Transformation in Banking 2026' event, Governor Pham Duc An announced that QR financial transactions have increased by over 100% annually. The value of cashless payments is projected to exceed 28 times the GDP by 2025.
In recent days, interest rates for both loans and savings have cooled down as banks participate in a credit program aimed at stimulating economic growth, particularly for small and medium enterprises. This shift follows a call from the State Bank of Vietnam for banks to lower their rates.
The ongoing debate between the S&P 500 and the TSX is heating up as investors seek to determine which index will take the lead in the coming months. Analysts are closely monitoring market trends and economic indicators to forecast the future performance of these two major stock indices.
Cake by VPBank offers an attractive interest rate of 9.2% for six-month savings deposits. This rate is available for first-time depositors starting from 100,000 VND.