Experts have predicted that gold prices, which reached a record high last week, may continue to rise in the short term, but the upward trend would be hard to sustain in the medium and long term.
Foreign investors are expected to plough large amounts of money into the Vietnamese property market in 2024-26.
The flow of overseas remittances to Ho Chi Minh City is estimated to reach about US$8.92 billion in 2023, up 35% year on year, said Deputy Director of the State Bank of Vietnam (SBV)’s Branch in HCM City Nguyen Duc Lenh.
Credit ratings agency Fitch Ratings has recently revealed upgrades for several banks, in the wake of its decision to raise Vietnam's national credit rating to BB+ with a long-term outlook of "Stable".
Deposit interest rates at four major banks of Vietnam have been adjusted sharply, down by 0.2-0.4% per year from the previous listings, bringing the rate to 2.2% per year at the lowest.
The multidimensional poverty rate in Vietnam will reduce to 2.93% in 2023, a drop of 1.1 percentage points compared to last year, according to the Government’s report on the implementation of the national programme on sustainable poverty reduction.
With the pace of economic activities on the mend and inflation rates already easing below the target level, the State Bank of Vietnam (SBV) will maintain its refinancing rate at the current level of 4.5% to support economic recovery, the United Overseas Bank (UOB) said in a report.
VOV.VN - Vietnamese beef noodle soup, known locally as Phở Bò, has been named among the top 10 best rated soups with beef, as compiled by international food magazine TasteAtlas.
The State Bank of Vietnam (SBV) has ceased bill issue after nearly two months of using the channel to withdraw cash out of the banking system.
VOV.VN - Vietnam's economic growth is forecast to accelerate to 6.3% ahead in 2024 before reaching 7.0% in 2025, according to the latest projection made by global credit ratings agency Fitch Ratings.