Eight-month credit in Hanoi rises 8.3 percent Business

Eight-month credit in Hanoi rises 8.3 percent

By the end of August, the total outstanding credit of the banking system in the capital city of Hanoi had reached 2.38 quadrillion VND (104 billion USD), an increase of 1 percent over the previous month and 8.3 percent compared to the same period last year.
New money into stock market slows down, growth may miss targets Business

New money into stock market slows down, growth may miss targets

In its recent report, Dragon Capital said that the market uptrend is still led by new individual investors. However, while margin loans were still at a record high and securities companies continued to raise capital, new money deposited into accounts started to show signs of declining.
WB helps Indonesia achieve more resilient financial sector World

WB helps Indonesia achieve more resilient financial sector

The World Bank’s Board of Executive Directors has approved a loan of 400 million USD to support reforms that will help the Government of Indonesia increase the depth, improve the efficiency, and strengthen the resilience of the financial sector.
Books on Vietnamese currency, banking system released Business

Books on Vietnamese currency, banking system released

The State Bank of Vietnam (SBV) introduced two books on the history of the Vietnamese currency and of the central bank at a press conference on April 29, to mark the 70th anniversary of the country’s banking system (May 6, 1951-2021).
VEPR: Vietnamese economy could grow by 6.3 pct in 2021 Business

VEPR: Vietnamese economy could grow by 6.3 pct in 2021

The Vietnamese economy could grow by about 6-6.3 percent in 2021, said chief economist Pham The Anh from the Vietnam Institute for Economic and Policy Research (VEPR) during a workshop recently held to announce the Vietnam Quarterly Macro-Economic Report.