According to the Department of Forecast and Statistics – State Bank of Vietnam (SBV), the results of the business trend survey in the first quarter of 2023, credit institutions assessed the demand for loans, payment services and credit cards. Customer’s deposits in the fourth quarter of 2022 and 2022 continued to improve but did not reach the expected level, in which the demand for loans was identified to have improved most clearly, especially the demand for loans of financial institutions. enterprise.
At the end of the fourth quarter of 2022, 42.5% of credit institutions rated the total demand as “high” (mainly focusing on the demand for loans), 2.8% of credit institutions rated it as “low”, 54 .7% of credit institutions consider “normal”.
Credit institutions forecast that customers’ demand for banking services will grow positively in the first quarter of 2023 but “increase” at a slower rate in 2023 compared to 2022, in which demand for loans is expected. “increasing” more than the demand for deposits and payments.
In 2023, credit institutions expect all objective factors to have a more positive impact than in 2022, of which “Customer’s business and financial conditions” is expected to be a positive factor. the most important pole to help improve the business situation of credit institutions.
– Experts warn about the gloomy outlook of the Canadian economy
Experts warn that this economy is at risk of a sharp decline, the unemployment rate increases and inflation pressure does not decrease as quickly as expected.
Canadian economists have warned Prime Minister Justin Trudeau’s government about Canada’s economic outlook this year.
Accordingly, this economy is at risk of a sharp decline, unemployment rate increases and inflation pressure does not decrease as quickly as expected.
According to University of British Columbia expert Kevin Milligan, “there are some serious risks next year” and policymakers should keep that in mind before committing to any major new spending – factor that can create a large hole for the federal budget at a time of economic turmoil.
The Government of Canada is considering a number of new spending, including a significant one to support a health care system that is already facing many challenges.
– Gold price suddenly spiked, setting a new peak
The world spot gold price in the morning of January 25 was at 1,938.8 USD/ounce, up 3.8 USD/ounce compared to the night of January 24.
On January 25 – the 4th of the Lunar New Year, the domestic gold market has reopened after the Tet holiday, gold trading companies have started to open for trading.
In Hanoi market, Phu Quy Group listed SJC gold bar at 66.8 million dong/tael (increasing by 300,000 dong/tael in the buying afternoon) and 67.8 million dong/tael (increasing by 100,000 dong/tael in Hanoi). selling afternoon) compared to the last trading session before the Tet holiday.
Meanwhile, some other gold companies listed the price of SJC gold bars at around 66-68 million dong/tael (buy-in-sell). As recorded in the early morning of January 25, gold prices at some companies are being traded at the following levels:
Saigon Jewelry Company listed the price of SJC gold buying and selling at 66.9 – 67.9 million VND/tael (buy in – sell out). PNJ gold price in Hanoi and Ho Chi Minh City traded at 66.9 – 67.8 million VND/tael (buy in – sell out). Gold price at Bao Tin Minh Chau traded at 66.82 – 67.8 million VND/tael (buy in – sell out). DOJI gold price in Hanoi and Ho Chi Minh City traded at 66.5 – 67.7 million VND/tael (buy in – sell out). Vietinbank Gold price is 66.9 million dong/tael bought and 67.92 million dong/tael sold.
Gold jewelry price, 24K gold price today of all kinds traded around 54.7 million VND/tael bought, 55.7 million VND/tael sold.