Ministry cuts interest on State investment

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VietNam News English 1 day(s) ago

In a move to ease businesses' access to loans, the Ministry of Finance this week cut interest rates on State investment and export credit.

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Global banks admit guilt in forex probe, fined nearly $6 billion

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Báo Thanh Niên English 4 day(s) ago 1 related news

Global banks admit guilt in forex probe, fined nearly $6 billion

Four major banks pleaded guilty on Wednesday to trying to manipulate foreign exchange rates and, with two others, were fined nearly $6 billion in another settlement in a global probe into the $5 trillion-a-day market.

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Hotels under pressure as market dips

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Báo Đầu Tư English 3 day(s) ago

Hotels under pressure as market dips

A recent downturn in the number of international tourists has prompted Hanoi’s hoteliers to come up with new strategies to regain stable occupancy rates.

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Lending rates unable to decrease

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Báo Đầu Tư English 1 week(s) ago

Lending rates unable to decrease

It proves a challenging task for banks to further relax lending rates amid the slowing growth in bank deposits and the central bank’s recent adjustment of the exchange rate.

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Vietnam raises gas prices again, blames high import rates

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Báo Thanh Niên English 3 day(s) ago

Vietnam raises gas prices again, blames high import rates

Gasoline prices in Vietnam surged around 6 percent Wednesday night, two weeks after the government raised pump prices by 11 percent, the steepest hike in four years.

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Greenbank rates again soar in local market

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Báo Đầu Tư English 3 day(s) ago

Greenbank rates again soar in local market

The greenback rate in LienVietPostBank was listed on May 20 from a high of VND21,860 to only VND30, lower than the ceiling price set by the State Bank of Viet Nam (SBV).

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Major banks admit guilt in forex probe, fined $6 billion

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Báo Thanh Niên English 4 day(s) ago 1 related news

Major banks admit guilt in forex probe, fined $6 billion

Four major banks pleaded guilty on Wednesday to trying to manipulate foreign exchange rates and six banks were fined a total of nearly $6 billion in a settlement that substantially ends a global probe into misconduct in the $5-trillion-a-day market.

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Three-fourths of deaths in Vietnam caused by non-contagious diseases: official

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Báo Tuổi Trẻ English 4 day(s) ago

Three-fourths of deaths in Vietnam caused by non-contagious diseases: official

Non-contagious diseases such as cancer, cardiovascular problems and diabetes account for three-fourths of deaths in Vietnam, a rate higher than the average global level, said Deputy Minister of Health Nguyen Thanh Long.

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VOV, BIDV sign comprehensive cooperation agreement

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VOV News English 4 day(s) ago

VOV, BIDV sign comprehensive cooperation agreement

(VOV) - On May 19, Radio the Voice of Vietnam (VOV) and the Bank for Investment and Development of Vietnam (BIDV) signed a comprehensive cooperation agreement in the 2015-2020 period.

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SBV forgets to announce prime interest rate

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VietnamNet English 4 day(s) ago

SBV forgets to announce prime interest rate

VietNamNet Bridge - The last time the State Bank of Vietnam (SBV) announced the prime interest rate was in 2009, or six years ago.

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Businesses fear dong depreciation will increase capital costs

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VietnamNet English 6 day(s) ago

Businesses fear dong depreciation will increase capital costs

VietNamNet Bridge - In theory, every 1 percent dong devaluation would lead to a 0.2 percent increase in the inflation rate.

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Cancer, heart disease kill more in Vietnam due to late diagnosis, bad habits: experts

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Báo Thanh Niên English 5 day(s) ago

Cancer, heart disease kill more in Vietnam due to late diagnosis, bad habits: experts

Non-communicable diseases, also known as chronic diseases, like cancer, diabetes and heart conditions are increasing at “alarming” rates in Vietnam, now causing 75 percent of all deaths, officials said.

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Hotels under pressure as market dips

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VietnamNet English 5 day(s) ago 1 related news

A recent downturn in the number of international tourists has prompted Hanoi’s hoteliers to come up with new strategies to regain stable occupancy rates.

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Vietnam raises compensation for domestic flight delay, cancelation

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Báo Tuổi Trẻ English 6 day(s) ago 1 related news

Vietnam raises compensation for domestic flight delay, cancelation

Passengers whose domestic flights in Vietnam are canceled or delayed will be compensated with VND100,000 (US$4.6) higher than the current rates as of July 1.

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Hotels under pressure as market dips

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VOV News English 6 day(s) ago 1 related news

Hotels under pressure as market dips

A recent downturn in the number of international tourists has prompted Hanoi’s hoteliers to come up with new strategies to regain stable occupancy rates.

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