US$4,34 billion credit package to be spent on high-tech agriculture

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SaiGon GP English 4 day(s) ago

Deputy Prime Minister Vuong Dinh Hue and related agencies yesterday discussed on the implementation of credit package of VND100 trillion (US$4.34 billion) from commercial banks’ called-up capital for high-tech agriculture development loan.

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Exchange rate under the control despite Fed rate hike

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Báo Đầu Tư English 5 day(s) ago

After the Federal Reserve (Fed)’s move of increasing the key USD interest rate by 0.25 per cent up to a range of 0.75-1 per cent, the exchange rate on the domestic market is under control. However, Huynh Trung Minh, a financial and banking expert, told VIR’s Van Linh that enterprises should be proactive in exchange rate risk hedging.

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Gold market defies common rule after Fed’s interest rate hike

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SaiGon GP English 1 week(s) ago

The gold market resumed stability shortly after a quick increase on March 16 after the US Federal Reserve (Fed) raised its interest rates, while the US dollar lost in value compared to other major currencies, which experts described as going against common rule.

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Fed raises benchmark interest rate by a quarter point

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Báo Đầu Tư English 1 week(s) ago

WASHINGTON: The US Federal Reserve on Wednesday (Mar 15) raised the benchmark interest rate by a quarter point, amid rising inflation, the second increase since President Donald Trump's election and only the third in a decade.

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The PAN Group breaks into top 10 fastest growers

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

The PAN Group, for the first time ever, has made it among the 10 fastest growing companies in Vietnam.

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The Pan Group brakes into top 10 fastest growers

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

The PAN Group, for the first time ever, has made it among the 10 fastest growing companies in Vietnam.

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Banks’ appetite for real estate lending drives up interest rates

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Báo Đầu Tư English 3 week(s) ago

Banks’ favour for lending to real estate is the reason for high lending interest rates.

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Action program seeks to improve growth quality and competitiveness

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Báo điện tử CP English 1 month(s) ago

VGP – The government has issue an action program to implement the 12th Party Central Committee’s Resolution No. 05-NQ/TW dated November 1, 2016 on a number of guidelines and policies in order to continue innovating the model of growth and enhancing the quality of growth, labor productivity and the competitiveness of the economy and the National Assembly’s Resolution No. 24/2016/QH14 dated November 8, 2016 on the economic restructuring plan in 2016-2020.

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Interest rate under pressure to remain unchanged

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Báo Đầu Tư English 1 month(s) ago

The central bank has targeted keeping interest rate stable in 2017, however, the market’s developments in the first half of January 2017 show that lending rates are suffering from many pressures, the Nguoi Lao Dong (Labourers) newspaper has reported.

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Fed's Yellen says 'nonpartisan' central bank close to goals

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Báo Đầu Tư English 2 month(s) ago

WASHINGTON: The US central bank is close to achieving its inflation and employment goals, but any policy moves will depend on how the economy evolves, Federal Reserve Chair Janet Yellen said on Wednesday (Jan 18).

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PM decides 5 percent loan interest rate for social houses

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SaiGon GP English 2 month(s) ago

The Prime Minister has decided to set preferential loan interest rate at 5 percent for purchase, rent or hire-purchase of social houses and residentiaal home rebuilding or repair.

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Housing stimulus package interest rate remains at 5%

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Báo Đầu Tư English 2 month(s) ago

The State Bank of Viet Nam (SBV) will keep the interest rate of the VND30 trillion (US$1.32 billion) preferential credit package for low-income homebuyers at 5 per cent in 2017.

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SBV pumps in capital to control interest rate heat

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Báo Dân Trí English 3 month(s) ago

The State Bank of Vietnam (SBV) has ceased issuing treasury bills and begun pumping capital totaling VND22 trillion ($966.46 million) into the market via open market operations (OMO) in the last three weeks.

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Banks increase dong interest rate to lure depositors

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Báo Đầu Tư English 3 month(s) ago

A number of commercial banks have increased their Vietnamese dong deposit interest rates by 0.2-0.4 per cent per year to attract depositors at year-end.

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European stock markets cling to Fed-sparked gains

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Báo Đầu Tư English 3 month(s) ago

LONDON: Global stock markets were quietly upbeat on Friday (Dec 16) with investors content to consolidate massive gains sparked by the US Federal Reserve's interest rate outlook as they headed into the weekend.

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