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Kien Long Commercial Joint Stock Bank has postponed its listing on the Ho Chi Minh City Stock Exchange (HoSE), citing unfavorable market conditions. The bank approved a resolution to withdraw its application to list on Friday, also citing “shareholder…
Some banks have hiked deposit interest rates to 10-10.35% amid low liquidity in the system. NCB is paying the highest interest rate of 10.35% for 12-month deposits of VND1 billion (US$40,300) downwards made online. For six-month deposits, it is offering 10%.…
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