VnExpress News The News Gateway of Vietnam

Banks are finding it hard to mobilize deposits, and are engaged in an interest rate race. “Now, it is very difficult for us to mobilize capital,” the deputy general director of a state-owned bank told VnExpress anonymously. In the first half of this year, people put more money in banks …

A temporary brake on gas and electricity derivatives when prices spike could improve how energy markets operate, the EU’s watchdog proposed on Thursday, along with more fundamental changes over time. The European Securities and Markets Authority (ESMA) said the number of trading halts in energy derivatives has been very low …

Coffee trading remained subdued in Vietnam this week due to a lack of beans, with traders awaiting the new crop season that starts next month. Farmers in the Central Highlands, Vietnam’s largest coffee-growing area, sold beans COFVN-DAKat VND46,900-47,200 ($1.98-$1.99) per kilograms, down from last week’s VND47,000-48,200 range. “Trade is muted …