Post-investment credit guarantees of cooperative development support fund

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Báo điện tử CP English 3 week(s) ago

VGP – The PM has recently issued Decision No. 23/2017/QD-TTg revising and supplementing a number of articles of Decision No. 246/2006/QD-TTg dated October 27, 2006 on the establishment of the Cooperative Development Support Fund and the issuance of the Fund’s post-investment credit guarantee and interest rate support regulation.

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Local banks recovering from a long slump

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Báo Đầu Tư English 3 week(s) ago

Since the beginning of this year the shares of many banks have appreciated significantly, with the increases ranging from 8 per cent to even 80 per cent.

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Expert warns over possible increase in USD exchange rate

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Báo Đầu Tư English 1 month(s) ago

After the Federal Reserve (Fed) raised the USD interest rate, the domestic exchange rate did not significantly fluctuate. However, when talking with VIR’s Thuy Lien, economist Dr Can Van Luc said that there may be some pressure on the USD exchange rate at the end of 2017.

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SBV looks to up foreign reserves

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Báo Đầu Tư English 1 month(s) ago

The State Bank of Viet Nam’s transaction centre this week raised the reference buying rate for the US dollar by VND50 to VND22,725, revealing its intention to expand foreign reserves.

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HCM City remittances worth $2.1 billion in H1

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Báo Đầu Tư English 1 month(s) ago

Remittances to HCM City in the first six months of the year were worth US$2.1 billion, marginally up from the same period last year, according to the State Bank of Viet Nam’s HCM City branch.

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Experts call to raise USD deposit rate

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Báo Đầu Tư English 1 month(s) ago

The policy of zero interest rate on USD deposits is showing some shortcomings and the State Bank of Vietnam (SBV) may need to increase it, especially in light of certain pressures on the VND/USD exchange rate.

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VN banks struggle to keep interest rates steady

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Báo Đầu Tư English 1 month(s) ago

From mid-March, Sacombank has been offering certificates of deposit (CDs) denominated in dong to individuals and companies.

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Short-term deposit rates forecast to reduce in 2017

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Báo Đầu Tư English 2 month(s) ago

The market research company Market Intello forecast that the average interest rate this year would reduce by 0.5 percentage points compared with 2016.

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Interest rate for social housing loans

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Báo Đầu Tư English 2 month(s) ago

The Việt Nam Bank for Social Policies (VBSP) interest rate for social housing loans in 2017 will be 4.8 per cent per annum, or 0.4 per cent a month, according to a decision just signed by Prime Minister Nguyễn Xuân Phúc.

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Ministry petitions to cut lending interest rate for pig breeders

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SaiGon GP English 3 month(s) ago 1 related news

Lately, in its document, the Ministry of Agriculture and Rural Development asked to lower lending interest rate for pig breeders. The move comes after the price of live pigs kept falling in the southern province of Dong Nai.

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State Bank works to maintain stable interest rates

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Báo Đầu Tư English 3 month(s) ago

The State Bank of Vietnam (SBV) will work to maintain interest rate stability, enabling firms to access credit for their production and business, SBV Governor Le Minh Hung has said.

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Dong liquidity cools down

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Báo Đầu Tư English 3 month(s) ago

Liquidity of the Vietnamese dong in the banking system has shown signs of cooling down over the past week.

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Local banks confirms no interest rate rise now

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

Commercial banks now have no pressure on the interest rates and have no plan to adjust interest rates in the coming months, according to a Tuesday meeting between deputy governor of the state bank, Nguyen Thi Hong with representatives of 21 commercial banks.

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Local banks confirms no interest rate hike in coming months

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

Commercial banks now have no pressure on the interest rates and have no plan to adjust interest rates in the coming months, according to a Tuesday meeting between deputy governor of the state bank, Nguyen Thi Hong with representatives of 21 commercial banks.

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Conditions to get State’s investment credit

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Báo điện tử CP English 3 month(s) ago

VGP – The Government has issued Decree No. 32/2017/ND-CP on state investment credit, which clearly stipulates the subjects entitled to getting the credit, lending conditions and interest rates.

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