Central bank says to keep borrowing costs stable in second half of 2015

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Báo Thanh Niên English 1 week(s) ago

Central bank says to keep borrowing costs stable in second half of 2015

Interest rates are 6-9 percent for short-term loans. Photo: Ngoc Thang

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Indonesia lowers economic growth target to 5.5 percent

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VietnamPlus English 1 week(s) ago

Indonesia lowers economic growth target to 5.5 percent

The Indonesian government has lowered its economic growth for 2016 to 5.5 – 6 percent, from the previous target of 5.8-6.2 percent.

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Singapore’s economic growth projections kept at 2.7 percent

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VietnamPlus English 2 week(s) ago

Economists have slightly lowered their forecasts for Singapore’s 2015 growth to 2.7 percent from the earlier 2.8 percent, according to a survey conducted by the Monetary Authority of Singapore (MAS).

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There they go again: Asia central bank policies spur bubbles

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Báo Thanh Niên English 3 week(s) ago

There they go again: Asia central bank policies spur bubbles

Recent years have seen reams of research on the role of central banks in inflating asset-price bubbles. The latest developments in Asia suggest that more may be coming.

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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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HCM City urges banks to cut interest rates

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VietNam News English 1 month(s) ago

Interest rates on long - and medium-term loans should be lowered by at least 1.5-2 per cent to speed up credit growth and help companies revive, National Assembly delegates from HCM City have told commercial banks.

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The bar has been lowered on bar culture

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VietNam News English 1 month(s) ago

The bar has been lowered on bar culture

With the import of bar culture from Western countries, now Ha Noi's nightlife is being coloured by the birth of lively, dynamic bars. Increasingly, the opening of these bars is opening new leisure spots for young people to enjoy.

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Press digest – May 4-10

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Báo điện tử CP English 1 month(s) ago

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Vietnam devalues dong for second time in 2015 to boost exports

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Báo Thanh Niên English 2 month(s) ago 3 related news

The State Bank of Vietnam devalued the dong for the second time this year in a bid to maintain export competitiveness.

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Vietnam allows 1 percent dong depreciation

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Báo Thanh Niên English 2 month(s) ago 3 related news

Vietnam has lowered the mid-point rate for trading its currency on the interbank market by 0.99 percent to 21,673 dong per dollar on Thursday, the central bank said via its data feed on Reuters Eikon system, its second depreciation this year.

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Press digest – May 5

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Báo điện tử CP English 2 month(s) ago 1 related news

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Import tariffs on diesel, mazut reduced

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Báo điện tử CP English 2 month(s) ago 1 related news

Import tariffs on diesel, mazut reduced

NDO – The import taxes on diesel and mazut have been lowered by 8-12% this May, according to the Ministry of Finance (MOF).

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Thailand revises projection of GDP growth

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VietnamPlus English 2 month(s) ago

Thailand revises projection of GDP growth

Thailand has lowered their GDP growth rate to 3.7 percent from 3.9 percent because of export decline and slow recovery of the world economy.

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Vietnam lowers import duties on fuel products

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VOV News English 2 month(s) ago 1 related news

Vietnam lowers import duties on fuel products

The Ministry of Finance recently lowered import tariffs on some fuel products in a move to stabilize domestic retail prices before an environment tax increase this May.

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Vietnam lowers import duties on fuel products to prepare for green tax hike

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

The Ministry of Finance on Tuesday lowered import tariffs on some fuel products in a move to stabilize domestic retail prices before an environment tax increase this May.

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