Fed lifts rates, sees faster pace of hikes in Trump's first year

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Báo Tuổi Trẻ English 1 month(s) ago

The U.S. Federal Reserve raised interest rates on Wednesday and signaled a faster pace of increases in 2017 as central bankers adapted to the incoming Trump administration's promises of tax cuts, spending and deregulation.

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Oil prices surge as non-OPEC producers agree on caps

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Báo Đầu Tư English 1 month(s) ago

LONDON: World oil prices jumped on Monday (Dec 12) after non-OPEC producers struck a deal to cut output, while Europe's main stock markets were subdued before a key Fed meeting this week.

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Deposits rise in Đồng Nai’s banks

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Báo Đầu Tư English 1 month(s) ago

Credit organisations in Đồng Nai Province have mobilised VNĐ153 trillion (US$6.8 billion) in deposits from early this year till date, which is 23 per cent higher than at end-2015.

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Some banks cut deposit interest rates

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Báo Đầu Tư English 1 month(s) ago

Several commercial banks have unexpectedly slightly cut the dong-denominated deposit interest rates in the past week, according to report by the State Bank of Viet Nam (SBV).

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Vietnam’s government debt rises by over $17bn in 11 months

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Báo Tuổi Trẻ English 1 month(s) ago

Vietnam’s government has borrowed a total of nearly VND400 trillion (US$17.86 billion) from both domestic and foreign sources in the Jan-Nov period of this year, the Ministry of Finance said in a recent report.

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Bora Bora tower making waves in real estate market

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Báo Đầu Tư English 1 month(s) ago

Customers have shown strong interest in luxury apartments in the Bora Bora Tower by Kusto Home, judging by the participation and number of booked condominium at the introduction event held on November 26.

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Gov't vows full efforts for financial market stabilization

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SaiGon GP English 1 month(s) ago

South Korea will take "resolute" steps to help stabilize the financial market, if needed, amid clear indications of interest rate hikes, the nation's top regulator said Monday, source from the Yonhap.

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Consumption loans jump in HCM City

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Báo Đầu Tư English 1 month(s) ago

Consumer credit in HCM City has grown by an average of 20 per cent per year during 2012-2015, according to the State Bank of Viet Nam.

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Self-funding charity club helps retired teachers escape poverty

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Báo Dân Trí English 1 month(s) ago

For 10 years, the Club of Retired Teachers in Sa Đéc City in the Mekong province of Đồng Tháp has looked after their own. Determined to prevent fellow teachers from falling into poverty, in 2007 the club members began offering no-interest loans.

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Foreign banks eye HCM City’s infra projects

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Báo Đầu Tư English 2 month(s) ago

Banks from South Korea and Japan have expressed interest in providing capital for infrastructure projects in HCM City.

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Why is Vietnam among world's happiest, but not most literate nations?

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Báo Tuổi Trẻ English 2 month(s) ago

Editor’s note: Le Tam, a Vietnamese social sciences expert based in Ho Chi Minh City, has written to Tuoi Tre (Youth) newspaper to share his opinion on the Vietnamese population’s low interest in reading as shown in recent surveys. The views expressed are his own.

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More steel projects needed for sustainable development: Vietnam trade minister

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Báo Tuổi Trẻ English 2 month(s) ago

Vietnam’s Minister of Industry and Trade Tran Tuan Anh has insisted that the country still needs more steel projects to maintain sustainable development, despite widespread concern over environmental issues new facilities may cause.

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Domestic firms make real headway on wind farms

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Báo Đầu Tư English 2 month(s) ago

Although numerous foreign and domestic enterprises expressed their interest in investing in wind farms in Vietnam, so far only domestic firms started actually implementing such projects.

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Banks cut back lending for property sector

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Báo Đầu Tư English 2 month(s) ago

The interest rates on medium- and long-term loans to the property sector have recently increased by 1-1.5 percentage points.

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Honda uncovers king of European commuters

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Báo Đầu Tư English 2 month(s) ago

The expected image of the new Honda SH 1251 and SH150i scooter models, to be marketed under the SH luxury motorcycle brand by Honda Vietnam, have been released attracting great public interest.

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