Banks Race to Raise Capital with Bonds Offering 10% Interest
In a competitive effort to raise capital, Vietnamese banks are increasingly turning to bonds, with interest rates soaring to 10% as of early August. This marks a significant rise from 8% at the end of June and 9% in July.
Gold Prices Surpass $4,200 Amid Disappointing US Economic Data
Gold prices surged over $150 in a single session, surpassing $4,200 per ounce, reaching their highest level in six weeks. Silver prices also saw a significant increase, climbing above $62 per ounce.
Bank Interest Rates Update: 10-Month Term Reaches 9.2%
As of August 4, 2026, bank interest rates in Vietnam have seen a significant increase, with the highest rate for a 10-month term reaching 9.2%. This surge reflects intense competition among banks to attract deposits.
Saving 100 Million VND for 12 Months Yields 9.2% Interest
Recent surveys indicate that the interest rate for a 12-month savings deposit in Vietnam's banking system is currently at 9.2%. Several banks are offering competitive rates for such deposits.
AstraZeneca in Talks with Bristol Myers Squibb for Major Merger
AstraZeneca is reportedly in discussions with Bristol Myers Squibb regarding a potential merger valued at $400 billion. This move could reshape the pharmaceutical landscape significantly.
Bank Interest Rates in Vietnam Reach 9% for 12-Month Terms
As of August 2, 2023, several banks in Vietnam are offering interest rates of up to 9% for 12-month deposits. This marks a significant trend in the banking sector aimed at attracting more customers.
Experts Caution on VN-Index Recovery Amid Market Uncertainty
Experts suggest that while the VN-Index shows potential for upward movement, the market remains uncertain. Investors are advised to strategically adjust their portfolios during this recovery phase.
VN-Index in August: Opportunities or a Bull Trap?
As the VN-Index shows signs of recovery, experts debate whether this trend will sustain or if it is merely a temporary bounce. Key factors influencing the market's direction this August include liquidity, foreign investment, and potential upgrades.
Agribank Savings Interest Rates: Earn 114 Million from 950 Million Deposit
Agribank's savings interest rates remain stable, with a maximum rate of 6.0% per annum. A deposit of 950 million VND can yield up to 114 million VND in interest.
Coinbase Reports Record Crypto Trading Volume in Q2 2026
Coinbase has announced its Q2 2026 earnings, showcasing a record crypto trading volume market share of 10.3%. This marks the third consecutive quarter of market share gains, driven by revenue diversification and cost discipline.
Bank of England Maintains Interest Rate at 3.75%
On July 30, 2026, the Bank of England decided to keep its base interest rate unchanged at 3.75%. The central bank warned that inflation is expected to rise again due to ongoing conflicts affecting energy prices.
Fed Holds Interest Rates Steady, Gold Prices Surge
The U.S. Federal Reserve has decided to keep interest rates unchanged, leading to a significant surge in global gold prices. This marks the fifth consecutive meeting without a policy adjustment as the Fed aims to maintain ample reserves in the banking system.
