Auction of five-year bonds raises $428.57 million

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VietNam News English 1 week(s) ago

The State Treasury raised VND9 trillion (US$428.57 million) through the auction of five-year bonds in January.

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Businesses expect further interest rate cuts in 2015

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

Businesses expect further interest rate cuts in 2015

Despite the interest rate reduction on bank loans during the past year, domestic producers expect commercial banks to further cut rates this year.

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Businesses expect further interest rate cuts in 2015

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

Despite the interest rate reduction on bank loans during the past year, domestic producers expect commercial banks to further cut rates this year.

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Employers must pay interest rate for late wage payment

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SaiGon GP English 1 week(s) ago

Employers must pay interest rate for late wage payment

Employers who pay salary to their workers late from 15 days and longer must pay an extra amount, which is equal to the late paid wage multiplied with the ceiling deposit interest rate for one-month term of the State Bank.

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Capital costs to remain high in 2015: economists

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VietnamNet English 2 week(s) ago

Capital costs to remain high in 2015: economists

VietNamNet Bridge – Bank loan interest rates decreased sharply in 2014, but are expected to rise in 2015.

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HACKED! New York Post Twitter account hijacked, fake Tweets include Chinese attack on U.S.

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Báo Thanh Niên English 2 week(s) ago 1 related news

HACKED! New York Post Twitter account hijacked, fake Tweets include Chinese attack on U.S.

The New York Post said its Twitter account was hacked after messages were posted citing bogus breaking news about U.S. interest-rate policy and China firing missiles on a U.S. Navy ship.

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Dong depreciation increases Vietnam’s foreign debt

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VietnamNet English 2 week(s) ago

Dong depreciation increases Vietnam’s foreign debt

VietNamNet Bridge – The latest decision by the State Bank of Vietnam (SBV) will put pressure on Vietnam’s foreign debt payments in 2015, analysts have said.

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HCMC agricultural restructuring brings many successes

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SaiGon GP English 2 week(s) ago

HCMC agricultural restructuring brings many successes

Ho Chi Minh City’s agricultural restructuring program has reduced income gap between urban and rural citizens, made the city a breeding and seedling production and supply center, and increase export turnover since it was approved in 2004.

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Kien Giang sets $170m seafood export target

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

Kien Giang sets $170m seafood export target

Cuu Long (Mekong) Delta province of Kien Giang plans to export seafood worth US$170 million this year, even though the sector is facing significant obstacles, local authorities said.

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Federal Reserve rate rise before April 'unlikely'

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VietnamNet English 3 week(s) ago

Federal Reserve rate rise before April 'unlikely'

US Federal Reserve officials do not believe that they will raise the benchmark short-term federal funds interest rate before April, minutes released on Wednesday revealed.

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Thailand’s December CCI highest in 18 months

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VietnamPlus English 3 week(s) ago

The Thai Consumer Confidence Index (CCI) hit an 18-month high in December last year, increasing to 81.1 from 79.4 in November, said the Centre for Economic and Business Forecasting under the University of the Thai Chamber of Commerce.

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BUSINESS IN BRIEF 6/1

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VietnamNet English 3 week(s) ago

Ministry urges bank listings to boost transparency

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Banking in 2014: bank officials arrested, interest rates slashed

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VietnamNet English 3 week(s) ago

Banking in 2014: bank officials arrested, interest rates slashed

VietNamNet Bridge – The year 2014 proved to be an unlucky year for bankers with many of the “big guys” suffering hard knocks during this period.

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Customers hold on to cash as bank lower interest rates

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VietNam News English 3 week(s) ago

Cash flow into the banking sector will likely fall as lenders have reduced their interest rates, according to independent market observers.

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Predictions for government bond market in 2015

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VietnamNet English 1 month(s) ago

Predictions for government bond market in 2015

VietNamNet Bridge – By assigning the government to focus on issuing long-term bonds, the National Assembly has shown that it believes the monetary market will be stable in 2015.

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