The insurance revenue of many Vietnamese banks dropped sharply.
Revenue from insurance in the first quarter of many Vietnam banks was only 50% of the same period in the same period, after many years of continuous high growth.
New securities group takes the market by storm
Along with the wave of young investors, the group of securities companies also received a "new wind" when financial technology companies (Fintech) entered the market of providing investment services.
A series of corporations have bad debts, trillions of dollars in losses.
According to the State Audit, corporations using state capital, such as Vinafood1, Vicem, and Satra Group... have large debts, investment losses of trillions of dongs, and financial insecurity.
Deposit interest rates have passed their heyday
Despite a further reduction of 0.2-0.4%, even a 1% reduction within just 1 month, bank deposit interest rates will decrease further in the coming time.
Multi-target monetary policy and interest rate reduction requirements of the SBV
Bank interest rates are gradually decreasing but are considered too slow compared to the recovery requirements of the economy. The evidence is that the number of businesses temporarily suspending operations in the first four months of the year continued to increase sharply, and imports and export
Will billionaire Vuong's VinFast be one of the three largest electric car companies in the world?
With a valuation of 23 billion USD after the combination with Black Spade, VinFast will be the world's third largest electric car manufacturer in terms of market capitalization, behind only Tesla and Li Auto.
Avoid losing money when using domestic credit cards
In the process of using domestic credit cards, customers should pay attention to avoid losing money in their accounts.
Submitting to the National Assembly for consideration to increase VND 17,100 billion of charter capital for Agribank
The National Assembly Standing Committee agreed to add to the program of laws and ordinances 2023 to submit to the National Assembly at the 5th session to consider additional charter capital for Agribank by VND 17,100 billion.
The influence of USD strengthens led to the gold prices reduced sharply
The domestic gold price this morning (May 12) went down following the decline of the world gold price when the dollar strengthened.
Stocks forming a short-term uptrend with strong liquidity
VN-Index continued to increase to approach the resistance level of 1,060 points with the highest liquidity in more than two weeks of the stock market, showing that investor sentiment is improving when the selling pressure of the block outside has cooled down significantly.
Vietnamese gold demand decreased sharply in the first quarter of 2023
In the first quarter of 2023, the Vietnamese gold demand decreased by 12% over the same period, from 19.6 tons to 17.2 tons. At the same time, global gold consumption (excluding the OTC market) is 13% lower than in the same period last year. However, the recovery of the OTC market lifted total
The State Bank proposes a capital increase for Vietcombank, Vietinbank, BIDV, and Agribank
The State Bank has submitted to the Prime Minister a plan to increase capital for the group of 4 largest state-owned banks in Vietnam (including Vietcombank, Agribank, BIDV, and Vietinbank). The Big 4 group is currently leading in terms of total assets, capital base, and prestige in Vietnam.