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.
Billions Flow Through Dubious Bank Accounts in Vietnam
Recent investigations reveal that tens of trillions of Vietnamese dong have been transferred through questionable bank accounts, raising concerns about financial transparency and potential fraud in the banking sector.
Fed Likely to Raise Interest Rates Amid Inflation Concerns
The Federal Reserve is increasingly expected to raise interest rates next week due to persistent inflation pressures. Recent economic indicators suggest that further increases may follow before the end of the year.
Fed Expected to Raise Interest Rates Next Week
The Federal Reserve is anticipated to increase interest rates during its upcoming meeting next week. A recent report from UBS Wealth Management predicts a 0.25% hike in September, with another possible increase in December.
HDBank to Hold Final Lottery for Gold Savings Program
HDBank is set to conduct the final lottery draw for its gold savings program on September 15. This draw will determine the winners of 26 SJC gold bars, including a grand prize of 16 gold bars.
Foreign Investors Continue to Sell Off Banking Stocks
On September 8, foreign investors continued their selling spree, offloading significant amounts of shares in two major banking stocks. The VN-Index saw fluctuations but ultimately closed higher.
Liquid Network Suffers $320 Million Attack Linked to Bitcoin
The Liquid Network, a sidechain associated with Bitcoin, has been compromised, resulting in the theft of approximately 4,000 Bitcoin valued at $320 million. This incident has raised serious concerns about the security of blockchain infrastructure supporting Bitcoin transactions.
Bitcoin Price Update: Whales Stir After 16 Years of Dormancy
Bitcoin continues to trade below $80,000 as data reveals that 600 BTC held by 'whales' has been moved after 16 years of inactivity. The cryptocurrency market sees slight fluctuations amid these developments.
Five More Stocks Cut from Margin Trading List in Vietnam
The Ho Chi Minh Stock Exchange has added five more stocks to its list of those not eligible for margin trading, bringing the total to 69. This decision follows a review of the companies' financial performances.
Druckenmiller Warns: Bond Market Already Priced In Risks
Stanley Druckenmiller has issued a warning regarding the bond market, suggesting that it has already priced in significant risks. As the S&P 500 approaches its previous highs, underlying market momentum appears to be weakening.
Investment Flows into Blue-Chip Stocks as VN-Index Surpasses 1850
The VN-Index has surpassed the 1850 mark, driven by significant investments in blue-chip stocks, particularly within the VN30 index. This surge comes despite a general decline in market liquidity.
US Stock Market Declines Amid Geopolitical Tensions
The US stock market faced a downturn today, with the Dow Jones Industrial Average falling 370 points. This decline was influenced by rising oil prices and geopolitical tensions in the Middle East, particularly concerning Iran.
Mortgage Rates Hit Highest Level Since June 2025 Amid Oil Price Surge
Mortgage rates have surged to their highest level since June 2025, reaching an average of 6.87% for a 30-year fixed mortgage. This increase is attributed to rising oil prices following renewed conflicts in the Middle East.
