Cabinet meeting focuses on ensuring joyful Tet

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Báo Tuổi Trẻ English 3 month(s) ago

Cabinet meeting focuses on ensuring joyful Tet

Prime Minister Nguyen Tan Dung highlighted the need to implement measures that will ensure a happy, safe and thrifty Tet (Lunar New Year) festival for all people at the Government’s monthly meeting on January 29.

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Central bank continues to lower deposit rate cap

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Báo Tuổi Trẻ English 1 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 2 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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RBS announces 1,400 job cuts over next two years

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VietnamNet English 2 day(s) ago

RBS announces 1,400 job cuts over next two years

Royal Bank of Scotland (RBS) on Thursday announced that it will cut 1,400 jobs over the next two years as part of plans to restructure its retail head office operations in Britain.

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NA Standing Committee issues statement on 18th session

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Nhân dân English 3 day(s) ago

NA Standing Committee issues statement on 18th session

The 13th NA Standing Committee assembled its 18th session in Hanoi from May 14-16 under the chairmanship of NA Chairman Nguyen Sinh Hung with Vice President Nguyen Thi Doan, the Ethnic Council, Committees of the NA, and leaders of relevant ministries and agencies in attendance.

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Russian man slashes friend's throat in Vietnam resort town

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Báo Thanh Niên English 3 day(s) ago

A Russian tourist allegedly cut his friend's throat with a broken bottle during a quarrel they had on Nha Trang beach early Thursday morning, Tuoi Tre (Youth) newspaper reported.

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Children amusement park developers enrich by collecting dimes

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VietnamNet English 3 day(s) ago

Children amusement park developers enrich by collecting dimes

VietNamNet Bridge – Despite the economic crisis, Vietnamese parents don’t cut down the budgets for food, children’s study and entertainment. Having realized this, more and more mini children amusement parks have arisen, especially in the suburbs, where the land fund remains profuse.

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Major banks decide to reduce deposit interest rates

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VietNam News English 4 day(s) ago 3 related news

Several banks have decided to lower their deposit interest rates though the State Bank of Viet Nam (SBV) has kept its cap unchanged at 7.5 per cent.

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Vietnam to cut current expenditures by 10% to narrow state budget deficit

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Hanoi Times English 5 day(s) ago

The Hanoitimes - The Ministry of Finance has proposed the Government cut its current expenditures by another 10% from now to the end of this year, or by VND4 trillion ($191.39 million), to prevent the country’s state budget deficit from widening.

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Deposit interest rates go down, where the money goes to then?

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VietnamNet English 5 day(s) ago 3 related news

Deposit interest rates go down, where the money goes to then?

VietNamNet Bridge – Since commercial banks have lowered the interest rates, depositing has become less attractive in the eyes of investors. They may withdraw money from banks to put into production and business projects, or invest in securities as the stock index is on the rise.

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State Bank cuts interest rate

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Báo Đầu Tư English 5 day(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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Central banks cuts key interest rates

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Báo điện tử CP English 1 week(s) ago 4 related news

Central banks cuts key interest rates

VGP – The State Bank of Viet Nam has decided to cut key interest rates by 1%, applicable since May 13.

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More banks cut deposit rates

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Báo Đầu Tư English 6 day(s) ago 1 related news

More banks cut deposit rates

A series of commercial banks like MB, Techcombank, ACB, Sacombank, VIB lowered deposit rates for some terms.

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In economic crisis, food industry still can grow strongly

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VietnamNet English 6 day(s) ago

In economic crisis, food industry still can grow strongly

VietNamNet Bridge – The Vietnamese market is large enough to receive more food producers, especially dairy producers. In crisis, people have to cut the budget on traveling and entertainment, but they still have to spend money on food.

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SBV cuts key policy rates, deposit rate unchanged

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SaigonTimes English 7 day(s) ago 1 related news

HCMC – The State Bank of Vietnam (SBV) has reduced key interest rates by one percentage point while deposit rates for tenors less than 12 months remain at 7.5% per annum.

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