Building Hanoi's smart city with smart banking
In Hanoi's smart city development strategy, smart payment and open banking ecosystems are critically important.
In Hanoi's smart city development strategy, smart payment and open banking ecosystems are critically important.
The launch of the gene bank will help determine the identities of unknown martyrs in cemeteries.
The surge in credit following a period of stagnation is partly attributed to increased borrowing and corporate bond issuance in the latter half of the year.
Once completed, the Long Thanh Airport is expected to help Vietnam become a leading hub for air transport and logistics in Southeast Asia and the world.
The move is aimed at stabilizing the gold market.
As a long-term solution, experts urged the State Bank of Vietnam (SBV) to consider revising Decree 24 on gold market management and ending the monopoly on SJC gold bars.
Funds should be allocated to major transformative projects to maximize the efficiency of the investment and streamline procedures.
The Vietnamese bank earns a string of awards from the prestigious financial platform.
Given the unique economic conditions of Vietnam, if banks increase credit growth without control measures, the system could return to the hot credit growth period seen before 2011.
Efforts should be made to increase the competitiveness of domestic enterprises to capture a larger market share and elevate the position of Vietnam's logistics sector.
Administrative measures, such as market audits, mandatory electronic invoicing, and investigations into price manipulation, would have an immediate stabilizing effect on the gold market.
The minimum bid amount will be reduced from 700 to 500 taels to attract more bidders.
The authorities would continue to inspect, monitor, and deal with gold smuggling, speculation, or the exploitation of hoarding policies to drive up prices and cause market instability.
Local lenders are encouraged to provide incentives and attract individuals to take out consumer loans.
The auction was postponed due to a lack of bidders and escrow deposits.
The return of gold auctioning after more than 10 years is expected to bring gold prices closer to the global levels.
The move is aimed at alleviating market concerns, increasing foreign exchange supply, and ensuring smooth liquidity.