Cash shifts to stock market amid lower interest rates

The most common rate reduction is 0.2 per cent, while some have made sharp decreases from 0.5 to 0.8 per cent per year, including Saigon-Hanoi Bank, BacABank, Ocean Bank, NamABank, Tiên Phong Bank and SeABank.

HCM City gets cracking on social housing development

The HCM City People's Committee has instructed relevant agencies to incorporate social and worker housing projects into the city’s investment stimulus programme and streamline administrative procedures to help achieve the target of building at least one million social units by 2030.

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