financial markets

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.