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Thursday, May 2, 2024

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Hong Ngan

Hong Ngan

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Motorbike sales plunge in Q2

HCMC – Five members of the Vietnam Association of Motorcycle Manufacturers (VAMM), including Honda Vietnam, Piaggio Vietnam, Suzuki Vietnam, SYM Vietnam and Yamaha Motor...

Eximbank in disarray ahead of second shareholder meeting

HCMC - Sumitomo Mitsui Banking Corporation (SMBC), a majority shareholder of Vietnam Export Import Bank (Eximbank), has requested the bank to convene an extraordinary...

Saving rates continue downward spiral

HCMC – Following deposit rate cuts early this month for tenors from six months onward, many local banks have continued to lower rates for...

Cars entering downtown HCMC to be charged in 2021

HCMC – The HCMC People’s Council has passed a resolution under which the city will collect fees from cars entering the downtown area in...

Risks scare away online consumers

Only 38% of the population do shopping online, of whom only 10% make payment electronically. The dual goal of boosting e-commerce and cashless payments...

Low credit growth may redirect bank money to securities

Quite a few securities companies have sharply revised down their lending rates for margin trading since the Lunar New Year. As the credit growth...

EVFTA benefits yet to be seen

While the whole world was aggressively fighting Covid-19, Vietnam and the European Union ratified the EU-Vietnam Free Trade Agreement (EVTFA). The FTA is poised...

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