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.
Global minimum tax delay causes double loss for State and FDI enterprises
From 2024, countries around the world will impose a global Minimum Tax. If Vietnam does not apply, it will lose "the right to tax." Tens of trillions of differences in corporate income tax that the FDI "big man" has to pay flow back to the country every year. If the global
Parkson Vietnam filing for bankruptcy and challenges mentioned
After 18 years of operation, Parkson Vietnam applied to the Ho Chi Minh City Court and began voluntary bankruptcy proceedings on April 28th.
Vietnam's economy expected to surge 6.5% in 2023: OECD report
The Organization for Economic Cooperation and Development (OECD) predicts that Vietnam's economy will steadily grow, with a gross domestic product (GDP) of 6.5% in 2023 and 6.6% in 2024.