Greenback expensive at some banks

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SaigonTimes English 14 hour(s) ago

HCMC – A number of banks lowered their U.S. dollar prices in the last 48 hours, but others are still quoting the greenback at high levels, hitting the ceiling of VND21,036 for a dollar.

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Central bank continues to lower deposit rate cap

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Báo Tuổi Trẻ English 2 month(s) ago 1 related news

Central bank continues to lower deposit rate cap

The State Bank of Vietnam announced Tuesday that the ceiling rate for deposits of a term under 12 months will be lowered by 0.5 percentage points as of Wednesday, March 27.

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Fuel consumers still have their rights ignored

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Báo Tuổi Trẻ English 5 day(s) ago

Fuel consumers still have their rights ignored

The Ministry of Industry and Trade has finished developing the draft amendments for the decree on oil and petrol trading, which includes three possible changes insiders say lack feasibility and still ignore the rights of the customers.

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State Bank cuts interest rate

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Báo Đầu Tư English 1 week(s) ago 3 related news

State Bank cuts interest rate

The State Bank last week announced a 1 per cent cut on base interest rates to promote economic growth—the eighth reduction since the beginning of 2012.

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Slashing interest rates to support businesses

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Nhân dân English 1 week(s) ago 2 related news

Slashing interest rates to support businesses

Over the past week, a number of large State-owned commercial banks have announced deep cuts in their deposit interest rates. The move was expected to trigger a deposit interest cutting race across the entire banking system as a prerequisite to reducing lending rates.

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Vietnam: SBV cuts interest rates to three-year low

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Nhân dân English 1 week(s) ago

Vietnam: SBV cuts interest rates to three-year low

New rates take effect May 13 ( Image: An Ha )

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Cbank slashes key interest rates by 1pct

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Báo Tuổi Trẻ English 1 week(s) ago 1 related news

Cbank slashes key interest rates by 1pct

The State Bank of Vietnam (SBV) has decided to cut key interest rates by 1 percentage point starting May 10, 2013.

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Deposit interest rates vary between domestic banks

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VietNam News English 2 week(s) ago 4 related news

Interest rates haven't shown significant changes since Vietcombank's rate cuts, but they have revealed the sharper rate difference among the banks.

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Interest rates going down and will decrease more sharply

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VietnamNet English 2 week(s) ago 2 related news

Interest rates going down and will decrease more sharply

VietNamNet Bridge – Vietcombank, one of the biggest commercial banks in Vietnam, has pioneered in slashing the deposit interest rate to 6 percent per annum. Other banks have unanimously reduced the lending interest rates.

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Vietcombank slashes interest on deposits

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VietNam News English 2 week(s) ago 1 duplicate news 1 related news

Vietcombank early this week cut its monthly deposit interest rate for the dong to 6 per cent, 1.5 per cent lower than the ceiling rate stipulated by the State Bank of Viet Nam.

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Deposit interest rates likely to go down

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VOV News English 2 week(s) ago 2 related news

Deposit interest rates likely to go down

(VOV) -Low inflation in April has provided a good chance for the State Bank of Vietnam (SBV) to lower annual deposit interest rates to 7 percent and loan rates to 10 percent.

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Vietcombank cuts deposit rates further

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SaigonTimes English 2 week(s) ago 2 related news

HCMC – Vietcombank has lowered the interest rate for 6-9 month deposits to 7% per annum and the rates for shorter terms to 6-6.8%, much lower the ceiling rate of 7.5%.

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Shares climb on rate cut news

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VietNam News English 2 week(s) ago 1 duplicate news 1 related news

Shares climb on rate cut news

Shares on both stock exchanges rose yesterday afternoon following the news that Vietcombank had cut its deposit rates.

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Hanoi plans to increase hospital fees as of August

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Nhân dân English 2 week(s) ago 1 duplicate news

Hanoi plans to increase hospital fees as of August

Eye checkup for the elderly ( Image: VNA )

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Admin orders corrupt business ethics

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SaigonTimes English 2 week(s) ago 1 duplicate news 1 related news

HANOI – Administrative orders on the market are giving rise to corruption and spoiling business ethics, said economists, pointing an accusing finger at recent moves of the central bank.

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