Major banks lower deposit interest rates
HCMC – Deposit interest rates at many major banks in Vietnam have been lowered by 0.1 to 1.1 percentage points compared to those in early May, making it possible to offer lower lending rates, according to the local media. Vietcombank has recently lowered its deposit rates for tenors of one to two,
The May fear factor
Data in the past showed that the market performance in May was not always the worst. In recent years, the “selloff in May” phenomenon seems no longer a significant concern. So, is the fear of May exaggerated? The past was not too bad After a rise of 3.7% in March, the VN-Index reversed course and