Government offers incentives to coach station projects

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VietNam News English 3 day(s) ago

Government offers incentives to coach station projects

Developers can receive subsidies of at least 20 per cent of the interest rate, when taking loans from banks to develop, upgrade or expand coach stations.

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Military bank pledges low-cost loans to SMEs

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VietNam News English 4 day(s) ago 1 related news

Small- and medium-sized enterprises can access preferential loans up to VND20 trillion (US$920 million) from the Viet Nam Military Joint Stock Commercial Bank (MB).

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VAMC to adjust NPL interest rate

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VietNam News English 1 week(s) ago

The Viet Nam Asset Management Company (VAMC) intends to cut the applicable interest rate for purchased non-performing loans (NPLs) in US dollars from 4.5 per cent per annum to 4.3 per cent.

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Federal Reserve officials split over interest rate rise

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VietnamNet English 1 week(s) ago

Federal Reserve officials split over interest rate rise

Officials at the US's central bank were split about when to raise interest rates, latest minutes released by the Federal Reserve have revealed.

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Exporters seek credit incentives

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

Experts and representatives of businesses in the Mekong Delta province of Ben Tre gathered at a workshop on Tuesday to call for credit incentives for local agricultural export.

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South Korea can't get old folks to spend their savings

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Báo Thanh Niên English 1 week(s) ago

South Koreans are getting older and spending less, making it more difficult for the central bank to stoke spending and price gains to keep the nation's tiger economy powering along.

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HCMC price subsidization program expands social attendance

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SaiGon GP English 2 week(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 week(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 3 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 month(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 1 month(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 1 month(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 1 month(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 1 month(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 1 month(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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