RoK finances solar energy project in Quang Binh

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VOV News English 3 day(s) ago

RoK finances solar energy project in Quang Binh

(VOV) - The Republic of Korea (RoK) Ministry of Strategy and Finance on July 1 announced it will provide financial support for a solar energy project in Quang Binh central province.

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1.5 trillion VND raised from Government bonds

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VietnamPlus English 5 day(s) ago

The Hanoi Stock Exchange (HNX) has recently held an auction to sell 1.5 trillion VND (69.4 million USD) worth of Government bonds in five-year term.

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Banks raise deposit interest rate, upsetting businesses’ plans

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VietnamNet English 5 day(s) ago

Banks raise deposit interest rate, upsetting businesses’ plans

VietNamNet Bridge - The government’s efforts to slash lending interest rates to make it easier for businesses to access bank loans may have been in vain as banks have begun raising deposit interest rates.

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Credit grows by 6.09 percent in first half of 2015

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VietnamPlus English 1 week(s) ago 1 duplicate news

Credit grows by 6.09 percent in first half of 2015

Vietnam recorded a credit growth rate of 6.09 percent by June 18 compared to the end of 2014 and 18.98 percent from the same period last year, according to Deputy Governor of the State Bank of Vietnam (SBV) Nguyen Thi Hong.

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Inward remittances show rosy prospects

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VietnamNet English 3 week(s) ago 2 related news

Inward remittances show rosy prospects

Nguyen Hoang Minh, deputy director of the Ho Chi Minh City branch of the State Bank of Vietnam, shares with VIR’s ThuyVinh the city’s inward remittance picture during January-May and its growth perspective in 2015.

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Inward remittances show rosy prospects

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VOV News English 3 week(s) ago 2 related news

Inward remittances show rosy prospects

Nguyen Hoang Minh, deputy director of the Ho Chi Minh City branch of the State Bank of Vietnam, shares with VIR’s Thuy Vinh the city’s inward remittance picture during January-May and its growth perspective in 2015.

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HVG: Result of bond issuance in 2015

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VietStock FI English 3 week(s) ago

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Govt cuts loan rates to support needy people

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Báo Đầu Tư English 1 month(s) ago

Govt cuts loan rates to support needy people

Prime Minister Nguyen Tan Dung has signed a decision to lower lending rates for needy households, policy beneficiaries, and students seeking loans at Viet Nam Bank for Social Policies (VBSP).

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Interest rate for preferential credit programmes reduced

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VietnamPlus English 1 month(s) ago

The Prime Minister recently issued Decision 750/QD-TTg on lowering interest rates for preferential credit programmes at the Vietnam Bank for Social Policies (VBSP).

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VPBank offers preferential loans

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VietNam News English 1 month(s) ago

The Viet Nam Prosperity Bank (VPBank) is offering a yearly preferential interest rate of 6.99 per cent for mortgages and unsecured loans, in a bid to share customers' financial difficulties.

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Ministry cuts interest on State investment

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

In a move to ease businesses' access to loans, the Ministry of Finance this week cut interest rates on State investment and export credit.

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SBV forgets to announce prime interest rate

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VietnamNet English 1 month(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 1 month(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 1 month(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 1 month(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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