G-bond issuance meets 73 percent of yearly plan Business

G-bond issuance meets 73 percent of yearly plan

The State Treasury has mobilised more than 182.4 trillion VND (7.88 billion USD) through Government bond auctions on the Hanoi Stock Exchange (HNX) so far this year, fulfilling 73 percent of the yearly plan.
HNX raises over 36 trillion VND from G-bonds in January Business

HNX raises over 36 trillion VND from G-bonds in January

More than 36.3 trillion VND (over 1.55 billion USD) was mobilised for the State Treasury of Vietnam from the auction of Government bonds (G-bonds) at the Hanoi Stock Exchange (HNX) in January, a month-on-month fall of 19.2 percent.
Banks cut interest rates to support firms Business

Banks cut interest rates to support firms

Starting from January 10, four State commercial banks will lower interest rates to support domestic firms operating in five prioritised sectors as stipulated by the State Bank of Vietnam.
Banks cut short-term deposit interest rates Business

Banks cut short-term deposit interest rates

After two weeks of lowering lending interest rates for short-term VND loans following the State Bank of Vietnam (SBV)’s cue, several commercial banks have reduced their deposit interest rates.
Gov’t raises depositor compensation Business

Gov’t raises depositor compensation

The maximum insurance payable to a depositor for all deposits in an insured organisation will be raised to 75 million VND (3,289 USD) from 50 million VND with effect from August 5.