Vietnam’s individual deposits at banks surge to new record high despite interest rate cut
The value of VND6,330 trillion (US$267.6 billion) marks a record
Residents lose over $1.3mn after making deposits at Vietnamese gold shop
Clients were promised annual interest of 7.5 percent and allowed to withdraw their money at any time
Savings gone with the wind – new case unveiled
Since publishing the story “Savings disappear without a trace after 31 years” late last week, Tuoi Tre continues to receive information from many readers about their savings books which have been kept since the 1980s
Savings disappear without a trace after 31 years
The savings of a local woman worth 7.5 grams of gold in 1983, or around VND7 million at the current price, have vanished after a national money-changing campaign which reduced the value of the savings so greatly that it could not even cover the fee to maintain the bank account