Bao Viet, Vingroup, Hoa Phat, The Gioi Di Dong are among 13 businesses holding over 26,400 billion VND in cash and bank deposits, benefiting from rising interest rates.
Analysts are optimistic about gold's long-term outlook but warn that interest rate and inflation volatility will cause significant market fluctuations.
Prime minister Le Minh Hung has called on banks to cut costs, stabilize interest rates, and substantially reduce lending rates to support people and businesses.
In recent days, several Fed officials have stated that interest rates should have been raised last week, or have expressed readiness to do so if necessary.