As the governance of the monetary policy has to concurrently guarantee multiple targets, including reducing interest rates, expanding credit, stabilising foreign exchange rates, and ensuring credit institutions’ safety, thorough consideration is needed before any steps are taken, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

The race to lower deposit interest rates among banks is expected to continue until the end of 2023, according to analysts.

CT Group launched its ASEAN Carbon Credit Exchange Joint Stock Company (CCTPA) on September 29, becoming the first Vietnamese enterprise to kick off a voluntary carbon emissions exchange in an attempt to respond to trade policies on international environment, and to develop a low-carbon emission economy.

VOV.VN - A Korean national wanted by police forces in the Republic of Korea (RoK) for robbing a branch of the National Credit Union Federation of Korea was arrested by authorities in the central city of Da Nang.

Thailand’s Kasikornbank (KBank) is exploring an acquisition deal with Home Credit Vietnam as part of its ASEAN business expansion.

The Vietnam National University - Ho Chi Minh City (VNUHCM) boasted 126 training programmes meeting regional and global standards as of July 2023, taking the lead nationwide.

VOV.VN - Popular mobile payment service Apple Pay officially debuted in Vietnam on August 8.

To date, 10 provinces have sent their lists of projects for access to a VND120 trillion (US$5.11 billion) housing credit package, heard an online conference on reviewing a resolution to remove difficulties for the development of the real estate market chaired by Prime Minister Pham Minh Chinh on August 3.

VOV.VN - Prime Minister Pham Minh Chinh, while receiving Mark Tucker, chairman of the Hong Kong Shanghai Banking Corporation (HSBC) Holding plc in Hanoi on August 2, hailed the bank’s commitment to operating in the long-term in Vietnam, contributing to the country’s socio-economic development.

The number of new firms established in the January-July period, at 89,600, was up 0.2% from the same period last year, but their total registered capital reduced by 17.1% to VND834 trillion (US$35.2 billion), reported the General Statistics Office.