Category Archives: Bank

The Fed sparked a market recovery when it signaled an interest rate cut in 2024

(TBTCO) – US Federal Reserve (FED) policymakers have kept interest rates unchanged and are expected to cut interest rates by three-quarters of a point in 2024, as the inflation outlook improves. US Treasury yields fell and stocks rose after central bank officials forecast a 75 basis point contraction next year. The FOMC, the policymaking agency […]

PVcomBank Tay Do signed a cooperation agreement with the City Post Office. Can Tho

(TBTCO) – Continuing the milestone of establishing a comprehensive cooperative relationship between PVcomBank and Vietnam Post Corporation (VietnamPost) signed at the end of September 2023, recently, PVcomBank Tay Do Branch and Can Tho City Post Office (Can Tho Post) successfully organized the cooperation signing ceremony. The cooperation between the two units will further strengthen the […]

Launching the financial education comic “Being smart with money”

(TBTCO) – On December 14, 2023 in Hanoi, Kim Dong Publishing House organized a program to launch the financial comic “Be smart with money – Avoid troubles” by author Le Thi Thuy Sen – Director of the Department of Communications, State Bank of Vietnam (SBV). The comic book “Being smart with money – Avoiding troubles” […]

VinaCapital: Falling interest rates are affecting both real estate and stocks

(TBTCO) – VinaCapital has just released an analysis report stating that the decline in mortgage interest rates has helped boost transactions at a number of recent prominent real estate opening events, thereby attracting significant attention and attention. improve investor sentiment. In the real estate sector, about 80% of the apartments of Khang Dien House (KDH) […]

Merchandise trade in the Mekong region could increase by 58 billion USD/year with additional investment

(TBTCO) – According to a report recently published by the International Finance Corporation (IFC) and the World Trade Organization (WTO), improving access to trade finance at reasonable costs can help Import-export turnover of the Mekong region (Vietnam, Cambodia and Laos) increased by more than 58 billion USD each year. According to the report, trade growth […]

Gold price today (December 15): Domestic price increased by 600 thousand VND/tael

(TBTCO) – This morning, world and domestic gold prices continued to increase. On the world market, the price increased by 14,885 USD/ounce compared to the same time yesterday morning. Domestically, JSC gold of the PNJ brand was also adjusted to increase by 600 thousand VND/tael. Source: Rong Viet Online Services Joint Stock Company VDOS – […]

Exchange rate today (December 15): The USD plummeted without stopping

(TBTCO) – At the beginning of the morning session of December 15, the State Bank (SBV) announced the central exchange rate of Vietnam Dong at 23,945 VND/USD, down 9 VND/USD. On the world market, the US Dollar Index (DXY) measuring greenback fluctuations with 6 major currencies (EUR, JPY, GBP, CAD, SEK, CHF) decreased by 0.92%, […]

There will be new regulations on managing newly printed money series

(TBTCO) – The State Bank of Vietnam is developing a draft circular regulating the management of newly printed money series. Accordingly, it is expected that there will be some amendments and additions compared to the old documents. Accordingly, the draft circular will replace a number of legal bases that have expired and separate the scope […]

Fitch Ratings upgraded Agribank’s credit rating

(TBTCO) – On December 13, 2023, Vietnam Bank for Agriculture and Rural Development (Agribank) was upgraded by the international credit rating organization Fitch Ratings to upgrade its long-term issuer rating from “BB” to “BB+” ” with a “Stable” outlook. Credit rating agency Fitch Ratings has just announced upgrading Agribank’s long-term issuer rating to “BB+”, with […]

Agribank accompanies the sustainable development of 1 million hectares specializing in high-quality rice cultivation

(TBTCO) – The Ministry of Agriculture and Rural Development and the Vietnam Bank for Agriculture and Rural Development (Agribank) have just signed a Memorandum of Understanding to provide products and services to implement the project “Sustainable development of 1 million hectares of rice cultivation”. High quality, low emissions associated with green growth in the Mekong […]