According to experts, the root cause of the market's strong fluctuations last week was due to the unstable psychology of the majority of individual investors, which accounts for a large proportion.
Responding quickly and operating flexibly, the State Bank has reduced interest rates four times in a row, a total of 150 basis points in the first six months of 2023.
After the arrest of Ms. Truong My Lan and the accusations of bondholder Van Thinh Phat with An Dong bonds issued through the consulting and brokerage of SCB Bank-Tri Viet Securities (TVSI), the Vietnamese bond market The South still faces many difficulties.
There have been concerns that the State Bank of Vietnam (SBV) is "standing in front of the gun" when cutting interest rates drastically while the US Federal Reserve (Fed) and many central banks around the world still policy caution.
The Government has just issued Resolution 105/NQ-CP on tasks and solutions to remove difficulties for production and business, continue promoting reform of administrative procedures, and tightening discipline.
In the first 6 months of 2023, the number of real estate businesses withdrawing from the market had the highest increase among 17 sectors.