Businesses fear loan interest rate hikes as banks pay more for deposits

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Báo Thanh Niên English 4 day(s) ago

Businesses fear loan interest rate hikes as banks pay more for deposits

Commercial banks have hiked deposit interest rates, raising fears about a concomitant lending rate hike, which would deal a big blow to local enterprises that are already struggling to compete with their foreign rivals who can borrow at much lower rates from foreign banks.

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With a British adieu to EU, it's farewell to a Fed rate hike for now

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Báo Thanh Niên English 7 day(s) ago

With a British adieu to EU, it's farewell to a Fed rate hike for now

The U.S. Federal Reserve, already undecided on when next to raise interest rates, now has one more reason to wait: Britain's vote on Thursday to leave the European Union.

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June consumer price index increases 0.46 percent

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SaiGon GP English 7 day(s) ago

June consumer price index increases 0.46 percent

The Consumer price index (CPI) in June increased 0.46 percent over last month and 2.4 percent over the same period last year, reported the General Statistics Office of Vietnam this morning.

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Hanoi: CPI in June rises for six consecutive month

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Báo Dân Trí English 1 week(s) ago

The consumer price index (CPI) in Hanoi continued to go up in June, the sixth consecutive month of growth, the municipal Statistics Office (GSO) reported on May 22.

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Farmers expect latex prices to hike

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SaiGon GP English 1 week(s) ago

Farmers expect latex prices to hike

Since 2014, the price of rubber has been drastically down resulting in the Vietnam Rubber Group and farmers facing hardship. Yet, this year, the price of the tree is showing a hike bringing new hope for farmers.

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BOK cuts key rate to 1.25 pct for June

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SaiGon GP English 3 week(s) ago

BOK cuts key rate to 1.25 pct for June

In a surprise move, South Korea's central bank slashed its policy rate by 25 basis points Thursday, apparently anticipating a further delay in what many believe is an imminent U.S. rate hike, sources in the Yonhap News said Wednesday.

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Medical service fee to increase in some cities, provinces

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SaiGon GP English 3 week(s) ago

Medical service fee will increase in next time but the price hike was made in eight to twelve of the five step road map for raising medical service prices in a bid to reduce impact on people head of Financial and Planning Department of the Ministry of Health Nguyen Nam Lien yesterday said.

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Auto import continues accelerating

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SaiGon GP English 3 week(s) ago

Vietnam imported 12,000 CBU (completely built unit) automobiles in May, up 33 percent compared to April and 12 percent over the same period last year, reported the General Statistics Office of Vietnam.

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Petrol prices up nearly 700 VND per litre

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Báo Dân Trí English 3 week(s) ago 1 related news

The retail prices of RON 92 petrol and E5 bio-fuel increased by 680 VND and 668 VND per litre, respectively, from 3:00pm on June 4.

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Vietnam’s gasoline prices up by 6 percent in third consecutive hike

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Báo Thanh Niên English 3 week(s) ago

Vietnam’s gasoline prices up by 6 percent in third consecutive hike

Vietnamese fuel traders on Saturday increased gasoline prices again after two weeks, as global fuel prices rose by nearly 6 percent during the period.

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PM asks not to increase electricity price, BOT fees

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Báo điện tử CP English 1 month(s) ago

PM asks not to increase electricity price, BOT fees

VGP – PM Nguyen Xuan Phuc said no to a hike in electricity price in 2016 as well as the establishment of an electricity price stabilization fund, and a rise in Build-Operate-Transfer (BOT) fees at the Government regular meeting on June 1.

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Race is on for luxury car imports

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Báo Đầu Tư English 1 month(s) ago

Race is on for luxury car imports

The domestic auto market is undergoing a large surge in luxury car import licences as consumers attempt to get in before the new tax hike impacts take effect in July.

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Japan's Abe to delay sales tax hike until 2019: government source

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Báo Thanh Niên English 1 month(s) ago

Japan's Abe to delay sales tax hike until 2019: government source

Japanese Prime Minister Shinzo Abe plans to delay an increase in sales tax by two and a half years, a government official said on Sunday, as the economy sputters and Abe prepares for a national election.

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Dollar extends gains on Yellen talk of rate hike

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Báo Đầu Tư English 1 month(s) ago

Dollar extends gains on Yellen talk of rate hike

The dollar powered higher after Federal Reserve Chair Janet Yellen said the US economy was improving enough to support an increase in interest rates "probably in the coming months."

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HCM City’s CPI up 0.82% in May

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Báo điện tử CP English 1 month(s) ago 2 related news

HCM City’s CPI up 0.82% in May

VGP – The Consumer Price Index (CPI) in Ho Chi Minh City in May increased 0.82% against April and saw a year-on-year increase of 1.6%, according to the city’s Statistics Office.

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