Category Archives: Finance

Advertisements Considering cryptocurrencies as a portfolio diversification tool is no longer in the minds of investors. Even before Sam Bankman-Fried’s FTX exchange collapsed, investors were fed up with cryptocurrencies. The FTX shock may have permanently snuffed out hopes for investors to include cryptocurrencies in their portfolios. While there are still many people who have not givenContinue reading “Big investors turn away from crypto”

Advertisements On the afternoon of November 11, with the majority of delegates in agreement, the National Assembly voted to pass a resolution on the state budget estimate for 2023. Accordingly, from July 1, 2023, the basic salary for employees will be increased to 1.8 million VND/month. The National Assembly voted to pass the resolution onContinue reading “From 1/7/2023, base salary increased to 1.8 million”

Advertisements The State Bank of Vietnam (SBV) has just released a statement saying that Vietnam is no longer on the US currency manipulation monitoring list. On November 10, 2022, the US Department of Treasury issued a Report on “Macroeconomic and foreign exchange policies of major US trading partners”. Accordingly, the US has removed Vietnam fromContinue reading “Vietnam no longer on currency manipulation monitoring list”

Advertisements According to data from the Vietnam Securities Depository (VSD), the total number of accounts on the market is now 6,709,181 accounts, equivalent to about 6.8% of the population. Since the beginning of 2022, the market has added nearly 2.4 million new securities trading accounts. Data from the Vietnam Securities Depository (VSD) showed that domesticContinue reading “6.8% of Vietnam’s population participates in securities investment”

Advertisements Currently, Vietnam is a destination for many foreign investors from many countries. In particular, the world’s largest economy has continued to pour money into Vietnam for many years. According to the International Monetary Fund (IMF), in 2021, the United States is the country with the largest GDP in the world, reaching about 22,940 billionContinue reading “World’s largest economy increases investment in Vietnam”

Advertisements For the first time, Vietnam has 7 billionaires according to Forbes’ 2022 list of world billionaires, with the latest example being NovaGroup founder Bui Thanh Nhon and the richest person in Vietnam is Mr. Pham Nhat Vuong, Chairman of Vingroup’s Board of Directors. The Forbes World Billionaires List 2022 has just been released showingContinue reading “Appears a new face in the list of Vietnamese billionaires”

Advertisements Gold prices not only rebounded strongly from 2-year lows but also gained nearly 3% on Friday session (November 4), helping Wall Street analysts have an optimistic sentiment on a sustained rally steady. However, some are also noting that the precious metals market still needs some more important factors to reverse a months-long downtrend. TheContinue reading “Gold price forecast will increase next week”

Advertisements In the first 6 months of this year, the country had more than 50,000 phishing attacks targeting banks. Many messages entice users to visit a strange link coming from a fake banking domain. Photo: Thuy Hanh. Kaspersky – the world-famous security software distributor and manufacturer – has just released data showing that in theContinue reading “Vietnam has 50,000 online fraud cases in first half of 2022”