Waiting for savings
The stock market has seen quite a positive development since banks have begun lowering their deposit rates, particularly with realty stocks, plus the support from Decree 08 and Resolution 33 recently issued by the Government. Waiting for a shift? The second round of deposit interest rate
Taking issue with interest rates
With banks joining an interest rate hiking race that may lead to economic uncertainties, it is high time to take measures to stabilize this vital macroeconomic issue. A non-beneficial race After the State Bank of Vietnam (SBV) lowered its policy rates twice in September and October, while the
Savings rate hikes ease
HCMC – Commercial banks have been in a race to hike savings rates to attract clients, especially since the State Bank of Vietnam’s two recent interest rate increases. But savings rates have fallen below 10%-11% which were briefly reached. A report from the Analysis Center at SSI Research showed