FINANCIAL AND BANKING NEWS

Gold rush follows decree as prices reach record highs

Vietnamese gold prices soared to historic highs on Wednesday, defying expectations of a cooling market after the Government issued Decree No. 232/2025 to end the State monopoly on gold bullion production and trading....

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Rate race tightens as exchange pressures mount

As Việt Nam eyes higher growth, central bank easing faces limits amid mounting exchange rate pressures. ...

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Banks' net interest margins hit six-year low

The net interest margin (NIM) for listed banks has declined to its lowest level since 2019, but experts expect this trend will reverse in the near future. ...

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Banks focus on increasing charter capital in second half of year

To boost capital, banks are issuing dividend stocks, making private placements, and selling shares to foreign investors. ...

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Banks accelerate digitalisation, non-cash payments

Việt Nam’s per capita cashless transaction volume now trails only China, with total value of VNĐ295.2 quadrillion (US$11.3 trillion), or 26 times of its GDP. ...

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Việt Nam targets to launch international financial centres by the end of 2025

Prime Minister Phạm Minh Chính who also heads the Steering Committee for Việt Nam’s International Financial Centre (IFC), signed a decision on Friday approving an action plan to establish IFC in HCM City and Đà Nẵng by the end of 2025. ...

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Foreign exchange rate to be affected by US reciprocal tariffs in short term

Trong báo cáo triển vọng kinh tế vĩ mô nửa cuối năm 2025 mới đây, các chuyên gia của Công ty Chứng khoán KB (KBSV) cho rằng, trong ngắn hạn, tỷ giá có thể sẽ tiếp tục căng thẳng tại một số thời điểm trong quý III vì ba lý do. ...

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SBV raises 2025 credit growth quota to support economic expansion

The SBV also stated that it will strive to maintain stable deposit rates and reduce lending rates through cost-cutting, digitalisation, streamlined administrative procedures, and internal restructuring. ...

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