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On Tuesday morning, the U.S. dollar experienced a decrease against the Vietnamese dong, reaching its lowest point since August 4. Vietcombank registered a 0.02% decrease in the dollar’s value, with a selling price set at VND26,398. Concurrently, the State…
The U.S. dollar showed resilience against the Vietnamese dong Wednesday morning, even as it traded at a one-week low against major world currencies. Vietcombank set the greenback at a steady VND26,446, while in the informal market, it remained unchanged at…
Financial services in Asia are undergoing a seismic shift driven by the rapid adoption of digital technologies, notably artificial intelligence (AI), tokenisation, and advanced real-time infrastructure, according to insights from KPMG. Sinchan Banerjee, a…
Ho Chi Minh City (HCMC) has reached a significant milestone, achieving its highest ranking in the Global Financial Centers Index (GFCI) since its inception in 2022. This notable rise, documented in the latest GFCI report released last week, sees HCMC score…
In a fluctuating market, the U.S. dollar is showing signs of weakness against the Vietnamese dong and other major currencies this Monday morning. Vietcombank reported a slight decrease in the dollar selling rate to VND26,451, down by 0.008% since the weekend.…
In recent years, exchange-traded funds (ETFs) have emerged as a straightforward pathway for institutions looking to invest in Bitcoin, shedding the complexities typically associated with digital asset ownership. As regulatory frameworks continue to evolve…
In a remarkable feat, DBS Private Bank’s multi-family office has soared to a record S$1 billion in assets under management (AUM) merely two years post-launch. The DBS Multi Family Office Foundry VCC (DBS MFO), which debuted in 2023, proudly claims the title…
The U.S. dollar faced a downturn against the Vietnamese dong on Wednesday morning, marking a decline of 0.44% from the historic high reached just last month. Vietcombank adjusted its exchange rate, lowering it by 0.01% to VND26,445. Likewise, the State Bank…
Revolut Embarks on Bold Expansion Journey The British fintech giant Revolut marked a significant milestone this Tuesday with the unveiling of its new global headquarters in London, paired with an ambitious growth strategy that promises to reshape the…
UOB has embarked on an exciting collaboration with Hangfeng Bank Co. Ltd. and Shangao Holdings Group Limited, marking a significant stride toward fostering green development and infrastructure. Announced on September 18, 2025, this tripartite memorandum of…
Raiffeisen Delays New Strategy: Aiming for Cohesion at the Top Raiffeisen has announced a significant shift in its strategic planning timeline, opting to unveil a new group strategy at the end of 2026 instead of the previously anticipated date. This one-year…
Vietnam’s economy is on a remarkable upswing, with the latest data from UOB’s Global Economics & Markets Research unit indicating a booming GDP expansion of 7.52% in the first half of the year—the fastest growth for this period since 2011. This vibrant…
PayPay, the mobile payment service owned by SoftBank Group, is poised to expand its reach beyond Japan, with plans to launch its app for international use as early as late September. This move aims to cater to the growing number of Japanese travelers seeking…
In an exciting development for cross-border commerce, selected users from China can now engage in QR payments while visiting Indonesia, thanks to a collaborative pilot initiative between the two nations. This innovation allows users to make payments using the…
Japan is gearing up for a significant financial innovation with plans to introduce its first stablecoin by late 2025. This move, while groundbreaking, is not predicted to shake up the dynamics of Japanese government bonds significantly. According to Bank of…
As gold prices dip in Vietnam, a contrasting trend is seen in the global market. In the latest market update, the price of gold bars from the Saigon Jewelry Company fell by 1.43% to VND131.4 million (approximately US$4,980.1) per tael. Meanwhile, local…
