Trading liquidity key to market growth

Trading liquidity is key to luring foreign capital into the Vietnamese stock market in 2020 when the local equity market is being weighed down by negative ratings and global developments.

Social housing development needs the people's strong support Nguyễn Văn Sinh, Deputy Minister of Construction, talks to the newspaper Thời báo Kinh Tế Việt Nam (Việt Nam Economic Times) on Việt Nam’s target to invest in the construction of 12.5 million square metres of housing floor in the five years from 2016-2020

Bank liquidity abundant ahead of Tết Though Tết (Lunar New Year) is approaching with rising capital demands, the liquidity of the banking system is abundant, helping interest rates in the inter-bank market drop sharply, industry insiders said.

HCM City banking sector urged to keep bad debts low Commercial banks and credit institutions in HCM City need to continue to restructure and strengthen control of credit quality to prevent a return to the days of high bad debt ratios, the deputy governor of the State Bank of Vietnam has warned.

Gov’t bond yields hit record low

Government bond yields hit a record low in December 2019, with the interest rates of Treasury bonds of all terms seeing decreases by between 0.03 and 0.37 percentage points compared to November.

Expand credit to prevent usury, central bank asks The State Bank of Việt Nam has asked domestic credit institutions and foreign banks’ branches to expand credit for business, production and consumption as an effort to prevent usury.

SBV keeps preferential interest rate for social housing unchanged The commercial banks’ preferential interest rates will be remain unchanged at 5 per cent for social housing this year, according to a decision of the State Bank of Việt Nam (SBV).

Brokerages hope for more capital in stock market Việt Nam’s stock market is expected to lure more foreign capital in 2020, according to brokerages.

Bank lending rates expected to fall in the new year

A report by securities firm SSI on the financial and monetary market says deposit interest rates are likely to be cut by 0.5- 1 percentage point this year, and lending interest rates would also be cut by at least 0.5 percentage points as required by the Government.

As securities services go digital, will robots replace brokers? Big securities companies are trying to catch up with the technological revolution in the financial industry by employing robots and artificial intelligence (AI) to provide services for their clients.