Phạm Đức Ấn has been appointed as the new Governor of the State Bank of Vietnam (SBV) for the 2026-2031 term. He outlined key priorities including stabilizing interest rates, ensuring system safety, and enhancing credit quality, signaling the central bank's future policy direction.
The Vietnamese stock market experienced a strong rally on April 8, 2026, with the VN-Index surging over 4.7%, driven by easing international tensions and the confirmation from FTSE Russell that Vietnam will be upgraded to an emerging market from September 2026. This upgrade news activated strong cash flow, especially into large-cap stocks, leading to widespread gains across sectors.
The Ho Chi Minh City Business Association (HUBA) proposes reducing lending interest rates below 6% for export businesses, easing land use conversion, and developing the 'silver economy' in HCMC to support enterprises and stimulate new growth drivers.
Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.