Banks baulk at strict rules in SBV’s Circular 36

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Báo Đầu Tư English 1 week(s) ago

Banks baulk at strict rules in SBV’s Circular 36

Various banks have requested a delay in Circular 36 amendments, stating that stricter lending rules will hurt their business.

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Suppliers protest Big C demands

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Báo Dân Trí English 1 week(s) ago

Suppliers protest Big C demands

The Vietnam Association of Seafood Exporters and Producers (VASEP) has asked the supermarket chain Big C to refrain from asking for higher discount rates from Vietnamese suppliers, and has recommended a maximum rate of 15 per cent.

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Raising discount rates, digital signature providers ‘die together’

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Báo Đầu Tư English 1 week(s) ago

Raising discount rates, digital signature providers ‘die together’

A saturated market and stiff competition have forced certificate authorities (CAs) to slash service fees and offer a sky-high discount rate of 75-80 percent.

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Four major banks assigned to assist fishermen follow the mass fish deaths

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Báo Dân Trí English 1 week(s) ago

The State Bank of Vietnam has assigned four local banks to help locals affected by the mass fish deaths in the central coast with low lending interest rates.

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Gov’t issues April regular resolution

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

Gov’t issues April regular resolution

VGP – Stable interest rates, interest rate cuts, organizations of national high school graduation and university entrance exams, assessment of environmental protection, and protection of the upcoming National Assembly and People’s Council elections were detailed in the Government’s regular meeting in April.

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Big C pushes Vietnamese products off shelves

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Báo Đầu Tư English 2 week(s) ago

Big C pushes Vietnamese products off shelves

Thai food products may dominate almost all shelves of Big C Vietnam’s outlets, one of the largest supermarket chains in the country when the new Thai owner Central Group takes possession.

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China's economic trend to be 'L-shaped': People's Daily

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Báo Thanh Niên English 2 week(s) ago

China's economic trend to be 'L-shaped': People's Daily

China's economic trend will be "L-shaped", rather than "U-shaped", and definitely not "V-shaped", as structural reforms take time, but the government will not use excessive investment, or high rates of credit growth to stimulate growth, the official People's Daily reported on Monday, citing an "authoritative source."

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Banks slash interest rates

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Báo Đầu Tư English 2 week(s) ago

Banks slash interest rates

Various banks have reduced their lending rates in response to the prime minister’s recent meeting with the business community.

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State bank governor gets strict with USD deposit rates

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Báo Dân Trí English 2 week(s) ago

State bank governor gets strict with USD deposit rates

The Governor of the State Bank of Vietnam (SBV) on May 6 issued documents requesting strict compliance with the rules on ceiling USD deposit interest rate which is capped at 0% annually.

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Tough punishments on USD deposit interest rate ceiling violation

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Báo điện tử CP English 2 week(s) ago

VGP – The State Bank of Viet Nam (SBV) has recently ordered commercial banks to strictly comply with the ceiling on dollar deposit rates, announcing a plan to strengthen investigations and supervision and punish infringements, said an official.

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Int’l organizations make positive assessments on VN’s economic picture

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Báo điện tử CP English 2 week(s) ago 3 related news

VGP – Viet Nam is one of the six emerging economies to achieve high economic growth rates which were forecast at 6.2% in 2016 and 6.3% in 2017, according to the World Bank (WB).

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Vietnam banks heed PM call, cut lending rates for businesses

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Báo Thanh Niên English 3 week(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 week(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 3 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 3 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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