The government is studying raising the limit on State Treasury deposits at commercial banks from 50% to potentially over 50% of idle state funds, aiming to boost banking system liquidity and support 2026 economic growth of 10% or more.
Phat Dat Real Estate Development (PDR) secured a loan of up to 8,835 billion VND from MB Bank to acquire a 35% stake in the Lotte Eco Smart City mega-project in Thu Thiem, with total investment of about 60,000 billion VND.
Middle Eastern countries are accelerating oil and LNG exports, putting downward pressure on Brent crude prices, which fell 10.6% last week. However, renewed attacks have caused a slight rebound.
Masan Consumer appointed two new deputy general directors and a supply chain digital transformation head, while reporting 12.9% revenue growth in the first five months of the year.
Foreign investors net sold 789 billion VND on June 29, with the strongest selling pressure on VHM (nearly 420 billion VND), while net buying was strongest on MWG (84 billion VND).
VKC Holdings, a cable manufacturer, plans to pivot to garment manufacturing, increase charter capital 9 times, borrow 3,000 billion VND, and build a garment factory in Lam Dong with a capacity of 80 million products per year, targeting exports to Europe, North America, and Japan by 2028.
VnExpress - Kinh doanh
4Mixed
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Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.