Vietnam's real estate market will bounce back starting from the second quarter of 2024, and prosper into 2025, experts have said.

Real estate remains a good investment channel in the long term, and the market will start recovering in 2024, insiders have said.

VOV.VN - Prime Minister Pham Minh Chinh chaired a national conference in Hanoi on December 7 to discuss solutions aimed at unlocking capital sources for businesses that have been crippled with credit access in order to maintain and spur production.

Vietnam's Manufacturing Purchasing Managers' Index (PMI) dropped to a five-month low of 47.3 in November from 49.6 in October, according to international independent credit rating data source and index provider Standard & Poor’s Global (S&P Global).

The Government has proposed the National Assembly (NA) to allow it to continue the 2% interest rate support policy for enterprises, cooperatives, and business households.

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.