WB acknowledges the resilience of Vietnamese economy

The international reserves held by the State Bank of Việt Nam (SBV) were equal to US$92billion at the end of August, up from $80 billion at the end of December.

SBV eyes further interest cut

The State Bank of Vietnam (SBV) sought to further cut interest rate in an effort to boost the country's economic recovery, said its deputy-governor Nguyễn Thị Hồng in an SBV's press conference held by yesterday in Hà Nội.  

Banks ask for higher credit quota to prepare for peak lending season

Despite a credit slowdown in the first half of 2020, some private commercial banks have still asked the State Bank of Việt Nam (SBV) for a credit growth expansion to prepare for a peak lending season expected at the end of the year.

Việt Nam's GDP revised down to 1.8% in 2020: ADB outlook Việt Nam's economic growth would bounce back in 2021 if the country successfully controls the COVID-19 spread.

Brokerages forecast shares to rise while experts brace for corrections While brokerages are forecasting shares to climb higher this week, market experts expect they will correct first before advancing to the next support zone.

BUSINESS BEAT BUSINESS BEAT

Shares gain as Fed signals to keep rates low

Vietnamese shares advanced on Friday thanks to global upbeat sentiment as investors cheered the speech by the US’s FED chairman Jerome Powell at a conference overnight.

Japan's PM Abe to step down due to health concerns

Japanese Prime Minister Shinzo Abe on Friday announced his intention to resign at a meeting of his ruling Liberal Democratic Party, saying he made the decision to minimize the impact of his deteriorating health on the party.

Gold demand up sharply in HCM City in July Gold sales increased sharply in HCM City in July, according to the State Bank of Vietnam.

Abe returns to hospital on day he becomes Japan's longest-serving PM Prime Minister Shinzo Abe returned Monday to a Tokyo hospital where a week ago he underwent what an aide called "a regular health checkup," the visit coming on the same day he marks a record as Japan's longest-serving prime minister in terms of consecutive days in office.