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Update news financial markets
In the context that most capital mobilisation channels are tightening, public investment is considered an important driver for boosting economic growth.
Outstanding financial achievements in 2022
The Ministry of Finance has announced the outstanding achievements of the financial sector in 2022, which contributed significantly to promoting post-pandemic socio-economic development.
Credit growth high amid hikes in loan/deposit ratio
Most of the listed commercial banks in the country recorded a sharp increase in the loan/deposit ratio (LDR) at the end of the third quarter of 2022 compared to last year.
Asian shares, dollar rattled by U.S. election uncertainty
Asian shares stumbled and the U.S. dollar was on the defensive on
Wednesday as signs that Republican U.S. presidential candidate Donald
Trump could be closing the gap with his Democratic rival Hillary Clinton
spooked investors.
G20 will use 'all policy tools' to lift growth as Brexit weighs
The world's biggest economies will work to support global growth and
better share the benefits of trade, policymakers said on Sunday after a
meeting dominated by the impact of Britain's exit from Europe and fears
of rising protectionism.
China anxiety hits stocks, oil still shaky
Sharp losses in Chinese stocks pulled Asian equities further away
from two-month highs on Wednesday as weak trade figures from the world's
second-biggest economy and wobbly oil prices revived concerns about
global growth.
Fed's 'dot plot' looks increasingly out of touch on rates
The Federal Reserve's rate path "dot plot" has become increasingly
detached from financial markets' interest-rate projections and risks
sending an overly hawkish message that may undermine the central bank's
credibility.
Vietnam’s financial markets lack transparency, investors say
VietNamNet Bridge – Unclear financial reports are the biggest problem
of the Vietnamese financial market, hindering the restructuring process
of commercial banks, investors and experts say.
Banking less attractive to students
VietNamNet Bridge – The number of students putting their names down
for entrance exams into the banking and securities faculties of big
universities has tumbled 20% as the financial-banking market has
remained gloomy, meaning fewer job opportunities
Financial markets getting stable despite tensions in the East Sea
VietNamNet Bridge – Financial experts have urged investors to stay
calm and not transfer assets to gold or dollars as the East Sea problem
can be settled.
U.S. Treasury Secretary urges Congress to raise debt limit by late Feb
U.S. Treasury Secretary Jacob Lew said on Wednesday that the
government would run out of borrowing authority by late February if the
Congress does not act to raise the debt limit before that time.
U.S. Congress rejects Obama's funding plan for IMF
The U.S. Treasury Department said Tuesday it was disappointed by
Congress' failure to include a plan that would help the International
Monetary Fund (IMF) carry out its quota and governance reform package.
