SBV forgets to announce prime interest rate

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VietnamNet English 3 day(s) ago

SBV forgets to announce prime interest rate

VietNamNet Bridge - The last time the State Bank of Vietnam (SBV) announced the prime interest rate was in 2009, or six years ago.

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Businesses fear dong depreciation will increase capital costs

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VietnamNet English 4 day(s) ago

Businesses fear dong depreciation will increase capital costs

VietNamNet Bridge - In theory, every 1 percent dong devaluation would lead to a 0.2 percent increase in the inflation rate.

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Governments can only issue bonds to raise funds for investment: economists

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VietnamNet English 5 day(s) ago

Governments can only issue bonds to raise funds for investment: economists

VietNamNet Bridge - To make up the budget deficit, the government needs to issue bonds to raise funds from the public rather than borrow money directly from the central bank, economists say.

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Speeding up restructuring of banking system

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VOV News English 6 day(s) ago 1 duplicate news

Speeding up restructuring of banking system

(VOV) -The banking system restructuring has resulted in positive changes, the most notable involving bad debts and interest rates.

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Thailand to work on tourism boosting packages

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VietnamPlus English 1 week(s) ago

Thailand to work on tourism boosting packages

The Tourism Council of Thailand (TCT) is to propose measures to boost tourism, hoping to breathe a new life into the local tourism during the low season.

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China's rate cuts pace not aggressive enough: Song

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Báo Thanh Niên English 1 week(s) ago

Song Yu, economist at Goldman Sachs Group Inc., discusses China's third interest rate cut in six months. Song is the top-ranked forecaster on China's economy, according to Bloomberg Rankings. He spoke from Beijing with Angie Lau on Bloomberg Television's "Asia Edge."

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Vietcombank buys $1 billion worth of government bonds

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VietnamNet English 1 week(s) ago

Vietcombank buys $1 billion worth of government bonds

Vietcombank, one of the largest Vietnamese commercial banks, has wrapped up a deal to buy $1 billion worth of government bonds in dollars after one year of hectic preparations.

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Local authorities, ministries “invent” statistics to promote their achievements

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VietnamNet English 2 week(s) ago

Local authorities, ministries “invent” statistics to promote their achievements

VietNamNet Bridge - The independence and objectivity of statistical data released by ministries and local authorities is dubious, Minister of Planning and Investment Bui Quang Vinh has said.

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Viet Nam - Japan cooperation set to promote development

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VietNam News English 3 week(s) ago 1 related news

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Japan's ODA does help VN stand on its own two feet

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VietNam News English 3 week(s) ago 1 related news

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First social housing project in Binh Thuan launched

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VietnamPlus English 1 month(s) ago

First social housing project in Binh Thuan launched

The Binh Thuan Housing Business and Construction Company began work on a social housing project in the central coastal city of Phan Thiet , Binh Thuan province on April 23.

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Social housing project launched in Khanh Hoa

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VietnamPlus English 1 month(s) ago

The JSC-Trading-Service TV Hoang Quan Real Estate Corporation (HQC) began construction on the HQC Nha Trang social housing project in the central coastal city of Nha Trang , Khanh Hoa province on April 22.

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Government offers incentives to coach station projects

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VietNam News English 1 month(s) ago

Government offers incentives to coach station projects

Developers can receive subsidies of at least 20 per cent of the interest rate, when taking loans from banks to develop, upgrade or expand coach stations.

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Military bank pledges low-cost loans to SMEs

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VietNam News English 1 month(s) ago 1 related news

Small- and medium-sized enterprises can access preferential loans up to VND20 trillion (US$920 million) from the Viet Nam Military Joint Stock Commercial Bank (MB).

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VAMC to adjust NPL interest rate

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VietNam News English 1 month(s) ago

The Viet Nam Asset Management Company (VAMC) intends to cut the applicable interest rate for purchased non-performing loans (NPLs) in US dollars from 4.5 per cent per annum to 4.3 per cent.

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