Vietnam's economists urge banks to cut interest closer to deposit rate

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Báo Thanh Niên English 2 day(s) ago

Vietnam's economists urge banks to cut interest closer to deposit rate

Following healthy profits and sagging credit growth in the first half of the year, economists said Vietnam's banks should narrow the gap between deposit and interest rates to attract more borrowers.

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Cabinet meeting: Vietnam’s economy keeps on track

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VietnamPlus English 2 day(s) ago 1 related news

Cabinet meeting: Vietnam’s economy keeps on track

July continues to see positive socio-economic development, the Ministry of Planning and Investment reported to the regular Cabinet meeting which opened in Hanoi on July 30.

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Tax incentives offered for software enterprises

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VietNam News English 3 day(s) ago

To encourage the development of the software industry, the Vietnamese Government offers special incentives on corporate income tax (CIT) for enterprises in this industry, such as preferential tax rates, CIT exemption and a reduction period:

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Euro edges up against dollar

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Báo Đầu Tư English 4 day(s) ago

Euro edges up against dollar

The euro pushed slightly higher against the dollar on Monday (July 28) after last week's losses in a quiet forex market ahead of Wednesday's Federal Reserve meeting and its possible update of US rate plans.

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PetroVietnam Drilling expects to beat full-year earnings target

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Báo Thanh Niên English 1 week(s) ago 1 related news

PetroVietnam Drilling expects to beat full-year earnings target

PetroVietnam Drilling & Well Services Joint-Stock Co., the country’s biggest listed oilfield services provider, expects full-year profit to beat its forecast after first-half earnings climbed 45 percent, buoyed by an increase in rates for drilling rigs.

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Banks shift from businesses to individual customers in Vietnam

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Báo Thanh Niên English 6 day(s) ago

Banks shift from businesses to individual customers in Vietnam

Vietnamese banks seeking to shift from business borrowers to individual customers amid ample deposits and low credit growth say they're battling poor customer loyalty and competition from foreign credit institutions.

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Concerns mount over low credit growth

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VOV News English 5 day(s) ago 1 duplicate news

Concerns mount over low credit growth

(VOV) -Many commercial banks are raising concerns that cheap money has not led to the growth-igniting investment spree the monetary policy was designed to encourage.

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Insurance firms see healthy H1 growth

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VietNam News English 7 day(s) ago 1 related news

The insurance market grew 12.6 per cent in the first half of this year compared to the same period last year despite the slow economic recovery, decreased interest rates and low credit growth.

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Insurance companies show good business performances in H1

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VietnamPlus English 1 week(s) ago 1 related news

The insurance market grew 12.6 percent in the first half of this year compared to the same period last year despite the slow economic recovery, decreased interest rates and low credit growth, the Vietnam Economic News reported.

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Dubious statistical methods skew Vietnam’s unemployment rate

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VietnamNet English 1 week(s) ago

Dubious statistical methods skew Vietnam’s unemployment rate

VietNamNet Bridge – Unemployment rates are regularly reports by government agencies, but the state General Statistics Office (GSO) doubts the figures.

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Flight delays and aborts may lead to license loss

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VietnamNet English 1 week(s) ago

Flight delays and aborts may lead to license loss

Minister of Transport Dinh La Thang has warned domestic airlines may lose their licenses if they delay and cancel too many flights without good reasons.

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Vietnam has 14,000 new breast cancer patients every year: expert

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Báo Tuổi Trẻ English 2 week(s) ago 1 related news

Vietnam has 14,000 new breast cancer patients every year: expert

Rates of women with breast cancer have increased in recent years in Vietnam, with about 14,000 new patients contracting the disease every year on average, a senior health expert has announced.

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Lending to pick up in the third quarter

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VietNam News English 2 week(s) ago

With a rallying economy and help of policies supported by the Government, credit institutions expect better business results in the third quarter of this year.

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Lending interest rates in VND forecast to decrease slightly

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VietnamPlus English 2 week(s) ago

Lending interest rates in VND forecast to decrease slightly

More than 70 percent of credit organisations predict that both deposit and lending interest rates in Vietnamese dong this year will reduce by 1.24 percent and 1.43 percent a year, respectively, in comparison with the levels at the end of 2013.

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City faces dengue threat as urbanisation increases

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VietNam News English 2 week(s) ago 1 duplicate news

City faces dengue threat as urbanisation increases

Nguyen Thi To Tam and her husband live in Binh Hung Hoa A Ward, a densely populated area in Binh Tan District with some of the highest rates of dengue fever in the city.

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