Business Network International teams up with Maritime Bank

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Báo điện tử CP English 3 day(s) ago

Business Network International teams up with Maritime Bank

VGP – The Business Network International in Viet Nam (BNI) and the Maritime Commercial Join Stock Bank (Maritime Bank) signed a strategic partnership agreement on June 27 to bring comprehensive financial measures for the BNI and its nearly 2,000 members.

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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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Call to raise deposit rates on US dollar

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Báo Dân Trí English 1 week(s) ago

Call to raise deposit rates on US dollar

Several experts have suggested raising the US dollar deposit rates, which are currently pegged at zero percent, in order to attract domestic savers.

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Banks required to report monthly interest rates

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Báo Đầu Tư English 2 week(s) ago

Banks required to report monthly interest rates

State Bank of Viet Nam has ordered credit institutions and branches of foreign banks to report their lending, capital mobilisation and interest rates in Vietnamese dong every month going forward.

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First cut in deposit interest rates by banks

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Báo Đầu Tư English 1 month(s) ago

First cut in deposit interest rates by banks

After numerous hikes in interest rates this year, joint stock commercial banks have cut deposit rates for the first time thanks to good liquidity amid a lending slowdown.

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Dollar deposit rate of above 0% proposed

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

Dollar deposit rate of above 0% proposed

The central bank should evaluate the possibility of raising the interest rate on US dollar deposits instead of keeping it at zero per cent as it currently is to avoid side effects.

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SBV advised to raise dollar deposit rate

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Báo Đầu Tư English 1 month(s) ago 1 related news

SBV advised to raise dollar deposit rate

The central bank should evaluate the possibility of raising the interest rate on US dollar deposits instead of keeping it at zero per cent as it currently is to avoid side effects.

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Fed raising interest rate to have negligible effect on USD/VND exchange rate: experts

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Báo Đầu Tư English 1 month(s) ago

Fed raising interest rate to have negligible effect on USD/VND exchange rate: experts

The Federal Reserve’s possible raising of the interest rate in June may not cause the USD/VND exchange rate to fluctuate too much, according to some experts.

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Dollar holds steady against euro; yen climbs

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Báo Đầu Tư English 1 month(s) ago

Dollar holds steady against euro; yen climbs

The dollar held steady against the euro on Monday in a market focused on the Federal Reserve's interest-rate plans, while the yen gained after the G7 warned Japan against currency intervention.

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Asian stocks chase Wall St down, Japan GDP beats forecasts

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Báo Đầu Tư English 1 month(s) ago

Asian stocks chase Wall St down, Japan GDP beats forecasts

Asian stock markets mostly fell on Wednesday (May 18) after a two-day rally and strong US data that fuelled talk of an interest rate rise, while Tokyo swung back and forth following a better-than-forecast economic growth reading.

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Gov’t issues April regular resolution

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

Gov’t issues April regular resolution

VGP – Stable interest rates, interest rate cuts, organizations of national high school graduation and university entrance exams, assessment of environmental protection, and protection of the upcoming National Assembly and People’s Council elections were detailed in the Government’s regular meeting in April.

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As Philippines awaits Duterte, central bank gives stability

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Báo Thanh Niên English 1 month(s) ago

As Philippines awaits Duterte, central bank gives stability

Philippines’ central bank Governor Amando Tetangco has emerged as a pillar of stability for investors grappling with a brash incoming president who has little economic policy experience.

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Business highlights – May 2-8

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Báo điện tử CP English 1 month(s) ago

VGP - Tough punishments on USD deposit interest rate ceiling violation, construction on a US$220 million wind power plant in Tra Vinh, fuel prices increasing VND600 per liter and Industrial Production Index (IPI) up 8% are highlights in the national economy from May 2-8.

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State bank governor gets strict with USD deposit rates

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Báo Dân Trí English 1 month(s) ago

State bank governor gets strict with USD deposit rates

The Governor of the State Bank of Vietnam (SBV) on May 6 issued documents requesting strict compliance with the rules on ceiling USD deposit interest rate which is capped at 0% annually.

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Tough punishments on USD deposit interest rate ceiling violation

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Báo điện tử CP English 1 month(s) ago

VGP – The State Bank of Viet Nam (SBV) has recently ordered commercial banks to strictly comply with the ceiling on dollar deposit rates, announcing a plan to strengthen investigations and supervision and punish infringements, said an official.

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