HCMC price subsidization program expands social attendance

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SaiGon GP English 12 minute(s) ago

HCMC price subsidization program expands social attendance

Ho Chi Minh City will continue mobilizing social resources as many as possible for the price subsidization program 2015 and promote its effectiveness, said deputy chairwoman of the city People’s Committee Nguyen Thi Hong at a conference on March 31.

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Financial market: Interest rate, exchange rates up, stock index down

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VietnamNet English 2 day(s) ago

Financial market: Interest rate, exchange rates up, stock index down

VietNamNet Bridge - Increasing demand for loans in Vietnamese dong has caused the lending interest rate to rise, while the stock market has been hurt by US dollar appreciation.

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Decree 05 clarifies labour relations

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VietNam News English 1 week(s) ago

On January 12, 2015, the government of Viet Nam issued Decree No 05/2015/ND-CP (Decree 05), providing for the rights and obligations of employers and employees.

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Credit sector to witness a boom in 2015

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VietnamNet English 1 week(s) ago

Credit sector to witness a boom in 2015

VietNamNet Bridge - Commercial banks have shown determination to increase lending in 2015, while businesses are believed to have better conditions to apply for loans.

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Investors hold on to cash, avoid investments in gold and land

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VietnamNet English 2 week(s) ago 1 related news

Investors hold on to cash, avoid investments in gold and land

VietNamNet Bridge – Though gold prices remain unchanged and land and securities have become more valuable, the rich still prefer to keep their cash.

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Banks announce further interest rate cuts

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Báo Dân Trí English 2 week(s) ago 1 related news

Banks announce further interest rate cuts

Resuming operations after Tet, many commercial banks are continuing to cut deposit interest rates, owing to good liquidity and low inflation.

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Sacomreal set to sell low-priced apartments

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VietNam News English 2 week(s) ago

Property developer Sacomreal is set to offer for sale 1,290 units at its Jamona Apartment project in Phu Thuan Ward, District 7, at what is possibly the lowest price in the area.

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Banks announce further interest rate cuts

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VietNam News English 2 week(s) ago 1 related news

Banks announce further interest rate cuts

Resuming operations after Tet, many commercial banks are continuing to cut deposit interest rates, owing to good liquidity and low inflation.

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Banks cut rates on the back of low CPI

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VOV News English 3 week(s) ago

Banks cut rates on the back of low CPI

Deposit interest rates are set to fall across the board for the local banking sector, including a prediction that there should be a cut in a open-market operations interest rates to at least 4.5 % a year by the end of 2015.

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HCMC leaders undertake to solve difficulties for businesses

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SaiGon GP English 1 month(s) ago

HCMC leaders undertake to solve difficulties for businesses

Ho Chi Minh City Party Committee Secretary Le Thanh Hai and People’s Committee Chairman Le Hoang Quan on Tuesday met and talked with 123 businesses from various fields, listening to their opinions and undertaking to solve their difficulties.

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Government urged to tighten fiscal policy

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VietnamNet English 1 month(s) ago

Government urged to tighten fiscal policy

VietNamNet Bridge – Only when Vietnam tightens fiscal policy and loosens monetary policy will it be able to make a breakthrough in allocating resources, which would untie the knot of the national economy, experts have said.

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Banks pocket profits from personal loans

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VietNam News English 1 month(s) ago

Hoang Ngoc Hoa in HCM City's Tan Binh District needed money to buy a new house so she used the overdraft service of a commercial bank near her home, using her bank card to access a loan.

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Vietnam moving in the right direction

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VietnamNet English 1 month(s) ago 1 related news

Standard Chartered Bank recently released a report called Global Research 2015 – The Year Ahead, Rekindling the Animal Spirit, which also takes a look at Vietnam's economic and financial outlook, growth, FDI prospects, trade and interest rate. Viet Nam News spoke with the bank's economist, Betty Rui Wang, about these issues.

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Vietnam moving in the right direction

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VietnamPlus English 1 month(s) ago 1 related news

Vietnam moving in the right direction

Standard Chartered Bank recently released a report called Global Research 2015 – The Year Ahead, Rekindling the Animal Spirit, which also takes a look at Vietnam's economic and financial outlook, growth, FDI prospects, trade and interest rate. Viet Nam News spoke with the bank's economist, Betty Rui Wang, about these issues.

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Credit growth seen in January

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VietnamPlus English 1 month(s) ago

Credit growth rose slightly in January, a good start for efforts to achieve a credit growth of 13 -15 percent this year, reported the Cong Thuong (Industry and Trade) newspaper.

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