After the SBV’s monetary policy decision to hike its benchmark interest rate by 100 basis points, many commercial banks also announced increases in deposit interest rates.
The State Bank of Viet Nam (SBV) is expected to further take monetary easing measures to support the country’s GDP growth target of above 5 per cent this year in light of a weak economic outlook, experts forecast.
The Vietnamese benchmark VN-Index recorded its largest daily gain in 19 years on Monday, following last week’s late gains thanks to upbeat global mood on the slowdown in COVID-19-related deaths and new cases.
Organisations in Viet Nam are facing longer downtimes caused by cybersecurity breaches, compared to the regional and global averages, according to a recent Cisco study.
The US Federal Reserve (Fed)’s third interest rate hike this week would not affect Viet Nam’s economy significantly as the move was foreseeable, according to experts.
Viet Nam’s benchmark VN Index ended its six-day rally as investor confidence was dampened by negative developments of the US-China trade dispute but strong purchases helped offset some of the losses.
Viet Nam’s benchmark VN Index ended on a negative note for the second day in a row as profit-taking pressure rose in the last minutes to limit the growth of large-cap companies.
Viet Nam’s benchmark VN Index made a three-day increase to near the all-time peak of 1,200 points yesterday on strong growth of property developers and building contractors.
Viet Nam’s benchmark VN Index advanced on Wednesday but narrowed its growth at the end of the session as profit-taking pressure arose when the index approached the 1,200-point level.
Viet Nam’s benchmark VN Index touched its new all-time high on Thursday but investors aired on the side of caution over fear global stocks would move this week amid a possible global trade war.
The VN Index, Viet Nam’s benchmark stock index, grew 12.8 per cent in January, as it joined the top three best performers in the world in the first month of 2018, just behind Argentina (16.21 per cent) and Nigeria (15.95...
The benchmark VN-Index hit an almost decade-high on Wednesday after large cash flows poured into blue-chip stocks on investor optimism over a sustainable uptrend.