Several major Vietnamese banks, including Agribank, BIDV and Vietcombank, are cutting lending rates by up to 2 percentage points following government and SBV directives, a move expected to support real estate demand and broader economic activity.
CafeF - Bất động sảnVietcombank, VietinBank and about 15 private banks cut deposit rates by 0.5-0.7 percentage points for terms of 6 months or more, following State Bank of Vietnam direction to lower funding rates and create room for lending-rate cuts.
CafeF - Tài chính ngân hàngThe Politburo issued a conclusion on reforming the job-position system and salary/compensation policy for the public sector, moving away from flat, seniority-based pay toward pay tied to job position, competence and work results.
CafeF - Vĩ mô đầu tưThe National Assembly discussed draft amendments to the Criminal Procedure Code and several other laws, including proposed changes to the Commercial Law, Competition Law, Foreign Trade Management Law, Consumer Protection Law, and Electricity Law.
CafeF - Vĩ mô đầu tưHanoi's People's Committee issued an action plan for 2026-2030 to develop tourism as a key economic sector, including piloting 24/7 tourism-entertainment-commerce complexes, adding 3-5 pedestrian streets, and targeting 47-50.5 million visitors and VND295-340 trillion in tourism revenue by 2030.
CafeF - Bất động sảnRemittances to Ho Chi Minh City reached nearly $2.84 billion in Q3, up 39.5% quarter-on-quarter and 3.6% year-on-year, though the nine-month total of $6.87 billion is still down 13.8% year-on-year. The SBV regional branch forecasts full-year remittances of $9.5-9.8 billion, down 5.1-8% from 2025's $10.3 billion.
CafeF - Tài chính ngân hàngAt a meeting with the State Bank of Vietnam, major banks including Vietcombank, BIDV and Sacombank committed to cutting lending rates by 1.5-2 percentage points and launching preferential credit packages to support businesses and households.
CafeF - Tài chính ngân hàngSecurities firm Kafi won two APEA 2026 awards and reported 9-month revenue of VND 3,005 billion (+62.8% YoY) and pre-tax profit of VND 541 billion (+58.3% YoY), with margin lending reaching VND 12,284 billion.
VnEconomy - Chứng khoánDomestic gold bar and plain ring prices fell sharply on October 20, with SJC, PNJ, DOJI and Bao Tin brands dropping about 1.1-1.4 million VND per tael, tracking a pullback in global gold to around 4,132 USD/ounce.
CafeF - Tài chính ngân hàngVinMetal, owned by billionaire Pham Nhat Vuong, signed a contract with Italy's Danieli to deploy a production line for rail and section steel with capacity exceeding 700,000 tonnes per year.
CafeF - Bất động sảnACB's treasury director notes that while full-year FX moves may be modest, short-term volatility around payment dates can hurt importers and exporters, and recommends proactive hedging.
CafeF - Tài chính ngân hàngUS tech indices rebounded on AI stock dip-buying while oil prices hovered around $100/barrel amid Middle East tensions and attacks on energy infrastructure.
VnEconomy - Chứng khoánMasan High-Tech Materials (MSR) is expanding tungsten refining capacity from about 8,000 tonnes per year toward 10,000-12,000 tonnes, processing third-party ore alongside Nui Phao output and serving a long-term contract with US-based Elmet Group for roughly 1,250 tonnes of WO3 per year over more than 8 years.
CafeF - Doanh nghiệpGold fell 0.6% to $4,142/oz as the US dollar and Treasury yields rose, with the Dollar Index up 0.13% to 101.97 and 10-year yields at 5.146%.
VnEconomy - Chứng khoánGold bar and plain ring prices at major Vietnamese dealers including SJC, DOJI, PNJ and Bao Tin Minh Chau stood above 143 million VND per tael on the morning of October 20, while spot gold eased to about 4,132 USD/ounce amid a stronger dollar and higher US Treasury yields.
CafeF - Tài chính ngân hàngInformation provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.
Last updated: 2026-10-20T02:39:48Z.