VND/USD exchange rate expected to rise following Fed decision
The U.S. Federal Reserve’s (Fed) decision to keep interest rates unchanged has eased the USD price decline in Vietnam and some analysts expect it to increase again in the near future.
A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam forecast to see slow growth, more rate cuts in Q3: UOB
Vietnam’s real GDP growth in the third quarter of this year is forecast to see little improvement, dragged down by continued weaknesses in the export and manufacturing sectors, while the central bank may consider further interest rate cuts, the Singapore-based UOB bank said in a report.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam banks cut six-month deposit rates to 7%
The six-month deposit interest rates at banks in Vietnam, barring some outliers, fell to a maximum of 7% starting Wednesday.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
VN-Index up 22 points following central bank’s rate cuts
The VN-Index, which represents the Ho Chi Minh Stock Exchange (HoSE), gained 22.06 points, or 2.12%, to 1,062.19 on Wednesday, ending its three-session losing streak.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
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