Shares start week on positive note, spurred by securities and real estate groups

Vietnam News | 15/08/2023 10:55:28 AM

The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) gained 0.38 per cent to close at 1,236.84 points.

Policy rate cuts boosting stock prices: VinaCapital

Vietnam News | 15/08/2023 10:51:39 AM

The stock market recovery, which has been driven by lower interest rates in 2023, is likely to be sustained by higher earnings and attractive valuations in 2023, according to Michael Kokalari, chief economist at VinaCapital.

Lending rate forecast to drop sharply in H2 2023

Vietnam News | 11/08/2023 4:33:41 PM

Lending interest rates will drop sharply in the second half of 2023 as capital costs of commercial banks are falling, analysts forecast.

Bad debts skyrocket in wake of poor business performance

Vietnam News | 08/08/2023 11:06:36 AM

Total non-performing loans (NPLs) at many banks surged in the first half of this year due to the poor business performance of the whole economy, and experts forecast the trend will continue.

Corporate bond market hoped to develop sustainably

Vietnam News | 08/08/2023 11:04:10 AM

Following the recent launch of the privately-placed corporate bond trading system, Minister of Finance Hồ Đức Phớc has said if transparency and safety are ensured, privately-placed corporate bonds will effectively prove their role in mobilising capital for businesses.

VCCI disagrees with bank ownership ratio reduction

Vietnam News | 08/08/2023 11:01:43 AM

The proposed changes in the ownership ratio have raised concerns in the banking system, as they fear they may hamper economic growth.