Headlines
Gold treads water as it waits for FED’s decision
Gold price in Vietnam was poised above VND22.2 million a tael (1.2 ounces) on September 22 as global investors’ heavy buying pulled the metal back to above US$1,000 an ounce.
Rate race still on as banks ignore stability pact
Commercial banks in Vietnam continue to raise deposit interest rates to attract more funds despite an industry agreement in September to keep rates stable for the remaining months of the year.
Nearly US$72 million for banking modernisation proje
A seminar was held in Hanoi on September 22-23 to discuss a World Bank sponsored project for management information system and banking modernisation.
Gold rebounds as dollar weakens
Gold prices in Vietnam rose VND30,000 a tael (1.2 ounces) on July 23 as global prices edged up.
Banks expected to face difficulties in second half after happy first half
The satisfactory profit commercial banks got in the first half of the year (H1) has made people think that banks will have an easy six months ahead. However, difficulties are predicted for banks in the second half of the year.