Non-performing loans are still increasing despite slow credit expansion as the COVID-19 pandemic stretches many businesses to their limits.
VOV.VN - The price of SJC gold on the morning of July 27 reached a new record high, exceeding VND56 million per tael for the first time in domestic transaction history.
VOV.VN - The global price of gold climbed to above US$1,870 per ounce for the first time this year on July 23, prompting local gold prices to reach a new peak of over VND54 million per tael.
Domestic banks are expected to face increasing competition, especially as European banks will be able to access the Vietnamese market when the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect.
VOV.VN - Domestic gold prices continued to reach new highs, rising to VND52.9 million per tael on July 22, representing their highest price to date.
VOV.VN - The domestic SJC gold price moved higher to surpass VND51 million per tael for the first time on July 21, marking its highest level since August 2011.