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 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.
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'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 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.
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.
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.
The VN-Index experienced its most significant increase in a month, rising by 24 points to reclaim the psychological milestone of 1,700 points. The surge was largely driven by Vingroup stocks, prompting analysts to recommend cautious buying.
The Dow Jones Industrial Average dropped by 800 points as market losses intensified in anticipation of the Federal Reserve's interest rate decision. This decline was further exacerbated by rising oil prices and ongoing tensions in the Middle East.
SSI Securities Corporation has announced a significant investment of 500 billion VND into the SSI-NextGen Technology Fund. This move aims to enhance its portfolio and strengthen its position in the market.
As of July 28, 2026, several banks in Vietnam are offering competitive interest rates, with five institutions exceeding 8.2% for certain deposit terms. The leading bank is PVcomBank, offering a remarkable 10% for specific large deposits.
Gold prices fell slightly below $4,100 per ounce on July 27, as the market awaits the upcoming Federal Reserve meeting. This decline comes amid easing tensions in the Middle East, which have contributed to reduced inflation concerns.