HCMC - HSBC Global Research has proposed gradual rather than fast interest rate decreases to avoid the risks of high inflation returning and strong weakening pressures on Vietnam dong against the U.S. dollar.
HCMC – Local banks are lowering lending rates following the central bank’s move to cut the deposit rate cap to 13% a year, but many of them have found it hard to attract corporate borrowers these days.
HCMC – Danang City will host the International Paramotor Competition 2012 from May 23-27 with eight teams having registered, according the city’s Department of Culture, Sports and Tourism.
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The Federal Reserve slightly upgraded its view of the US economy, saying the jobs market and consumer and business spending had improved since January
HCMC – Several banks rushed to encourage their clients to deposit money on Monday to enjoy the interest rate of 14% per year, before the lower deposit rate of 13% becomes applicable on Tuesday.
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The State Bank of Vietnam yesterday officially lowered the cap slapped on the deposit interest rate to 13%, saying the reduction will help lending interest rates fall to around 14.5%
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Vietnam's central bank cut key rates on dong loans and deposits for the first time in nearly three years, helping ease a burden of high operating costs faced by businesses after inflation eased last month
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After the central bank announced its intention to lower the ceiling deposit rate to less than 13 percent, several foreign banks have reduced their rates while local banks have yet to make any move
The US Department of Commerce has announced its final decision on the seventh preliminary results of administrative review for anti-dumping duties on tra fish fillets imported from Vietnam.
A State Bank of Vietnam (SBV) announcement about a possible cut in deposit interest rates has spurred many banks into action even before an official decision is taken.
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Employees harvest whitened-leg shrimps in the Hung Bien Ocean Items Co Ltd within the central province of Quang Binh. The draft amended Work Code, that was talked about through the NA yesterday, is anticipated to make sure workers' proper privileges including salaries, overtime and maternity leave. — VNA/VNS Photo Huy Hung HN — The Nation's Set up talked about a variety of concerns associated with work issues throughout a session which was
HN — Pm Nguyen Tan Dung yesterday confirmed that Viet Nam always supported co-operation between its relevant agencies and also the Inspection Commission from the Lao Individuals Revolutionary Party Central Committee and also the Government Inspectorate of Laos. Dung made the statement while finding the commission mind, Inspector-General Bounthong Chitmany.Dung stated co-operation would concentrate on training human assets within the sector in addition to swapping encounters within the combat and protection