On October 15, 2023, the State Bank of Vietnam (SBV) officially announced the warning status for the stocks of several banks due to recent financial fluctuations. This decision stems from the fact that these banks show high risk signs in business operations and unstable financial performance. The warned stocks may face challenges in trading on the stock market. SBV’s Chairman advises investors to be cautious and closely monitor the developments of these stocks, emphasizing that the bank will take necessary measures to ensure market stability and protect investors’ rights. Such measures may include strengthening oversight, improving the financial situation of the banks, and timely disclosing information to the market.
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