Vietnam banks heed PM call, cut lending rates for businesses

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Báo Thanh Niên English 3 day(s) ago 1 related news

Vietnam banks heed PM call, cut lending rates for businesses

Many banks have cut interest rates by 0.5-1 percentage points on loans for businesses following a call by Prime Minister Nguyen Xuan Phuc.

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Major banks to lower lending rates

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Báo Dân Trí English 3 day(s) ago 1 related news

Major banks to lower lending rates

Prime Minister Nguyen Xuan Phuc and the State Bank of Vietnam (SBV) had called for the rate cuts, before the PM took part in a dialogue with enterprises in HCM City on April 29.

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Positive investor confidence strengthens VN stocks

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Báo Đầu Tư English 1 week(s) ago

Positive investor confidence strengthens VN stocks

Vietnamese shares rose slightly on both local exchanges this morning as investor confidence in blue chips improved after the US central bank kept its rates unchanged.

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Asian nations see boom in working age population

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Báo Dân Trí English 1 week(s) ago

Asian nations see boom in working age population

Demographic changes in Asia and the Pacific region are occurring at unforeseen rates. An explosion in the working age population and a fall in birth rates - changes that are expected to take a century in Europe and North America - could occur here in just 30 years.

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Dollar weakens ahead of Fed rate decision

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Báo Đầu Tư English 1 week(s) ago

Dollar weakens ahead of Fed rate decision

The dollar extended losses against the euro and pound on Tuesday after disappointing US economic data helped cement expectations the Federal Reserve will leave interest rates unchanged the next day.

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Latest microlender aims to compete on interest rates

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VietStock FI English 1 week(s) ago

Mothers Financial Japan Plc became the latest entrant to Cambodia’s crowded microfinance market when it launched operations on Friday, yet the new microlender sees no shortage of opportunity given the country’s rapidly expanding consumer economy.

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Vietnam pledges $88.5 million in cheap loans for small enterprises

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Báo Thanh Niên English 1 week(s) ago

Vietnam pledges $88.5 million in cheap loans for small enterprises

The Ministry of Planning and Investment on Friday unveiled a VND2 trillion (US$88.5 million) lending program aiming to support small- and medium-sized enterprises across the country, local media have reported.

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Viettel’s foreign investments remain profitable despite exchange rates

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Báo Dân Trí English 2 week(s) ago 3 related news

Viettel’s foreign investments remain profitable despite exchange rates

Viettel Group’s total overseas investment increased by 9 per cent to nearly US$1.5 billion in 2015. According to UK-based OVUM - a market-leading research and consulting firm specializing in global coverage of information technology and telecommunications industries – the global industry rate was only 2.3 per cent (a fourth of Viettel’s).

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Viettel international investments remain profitable despite exchange rates

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Báo Dân Trí English 2 week(s) ago 3 related news

Viettel international investments remain profitable despite exchange rates

Viettel Group’s total overseas investment increased by 9 per cent to nearly US$1.5 billion in 2015. According to UK-based OVUM - a market-leading research and consulting firm specializing in global coverage of information technology and telecommunications industries – the global industry rate was only 2.3 per cent (a fourth of Viettel’s).

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Viettel international investment remains profitable despite exchange rates

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

Viettel international investment remains profitable despite exchange rates

Viettel Group’s total overseas investment increased 9 percent to nearly US$1.5 billion in 2015.

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Vietnam’s inflation to edge up to 5 percent in 2016: report

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Báo Tuổi Trẻ English 3 week(s) ago

Vietnam’s inflation to edge up to 5 percent in 2016: report

The latest quarterly report on the Vietnamese economy by the Vietnam Institute for Economic and Policy Research (VEPR) has been overshadowed by fears of rising inflation.

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Who will lose out when Vietnam's government increases borrowing?

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Báo Thanh Niên English 3 week(s) ago

Who will lose out when Vietnam's government increases borrowing?

Financing has always been one of the biggest issues for businesses in Vietnam, but economists now warn that it can be even much harder for the private sector to secure bank loans in the months ahead because of a major cash-thirsty competitor: the government.

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High rents curb investor enthusiasm in Hanoi’s IPs

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Báo Đầu Tư English 3 week(s) ago

High rents curb investor enthusiasm in Hanoi’s IPs

Industrial parks and export processing zones in Vietnam’s capital city have proved less attractive to big foreign investors due to expensive land rental rates.

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IMF defends negative interest rates despite risks

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Báo Đầu Tư English 3 week(s) ago

IMF defends negative interest rates despite risks

The IMF on Sunday defended negative interest rates set by central banks, given "significant risks" of slow growth, while acknowledging potential for dangerous boom-and-bust cycles.

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US anti-dumping duty on PE bags from Vietnam remains in place

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Báo Dân Trí English 3 week(s) ago

The US has decided to continue applying anti-dumping duties on imports of polyethylene (PE) retail carrier bags from Vietnam and some other countries.

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