Economists: exchange rate increases not a concern Business

Economists: exchange rate increases not a concern

The reference exchange rate and exchange rates of commercial banks have increased continuously in recent days, with the reference exchange rate making its record high on May 8 at 23,046 VND. However, economists said that there is nothing to worry about this situation.
G-bond yield hits seven-month low Business

G-bond yield hits seven-month low

The yield of Government bonds (G-bond) has continued to decline and hit seven-month lows as the US Federal Reserve (Fed) seems unlikely to hike interest rates and the domestic monetary market has shown positive movements.
SVB enhances capacity to intervene in foreign currency market Business

SVB enhances capacity to intervene in foreign currency market

The recent increase in the VND/USD exchange rate was due to inside and outside impacts such as some poor sessions in the domestic stock market and the USD price rise globally, according to Pham Thanh Ha, head of the State Bank of Vietnam (SBV)’s Monetary Policy Department.
Local shares dip after four-day rally Business

Local shares dip after four-day rally

Shares fell slightly on January 24 on the Hanoi Stock Exchange after rising for four consecutive sessions, due to investors’ profit-taking attempts that hit the large-cap stocks in the energy and banking sectors.
Derivatives market vibrant in September Business

Derivatives market vibrant in September

Vietnam’s derivatives market posted strong growth in September, the second month of its operation, with 9,679 accounts trading on the market opened as of September 29 – up 34.5 percent from the end of August.
Shares maintain upward trend Business

Shares maintain upward trend

Shares on the two stock exchanges opened this week’s trading with gains as investors demonstrated their rising confidence in the market outlook.