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Friday, September 13, 2024

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Financial Markets

State budget revenue in Jan-Sep up 10.75%

HCMC – The State budget revenue in the January-September period of this year reached nearly VND1.1 quadrillion, meeting 80.75% of this year’s target and...

Concerns raised over VND100-trillion relief package

HCMC – The competent agencies are considering a relief package worth VND100 trillion, offering loans with an interest rate of 3%-4% for enterprises hit...

Banks commit to cutting lending rates for pandemic-hit firms

HCMC – Sixteen banks have pledged to reduce lending rates for enterprises affected by the Covid-19 pandemic this year with a total support value...

SBV asked to weigh piloting virtual currencies

HCMC – The prime minister has requested the State Bank of Vietnam (SBV) to study and pilot the use of virtual currencies from 2021...

Deposit rates edge up

HCMC – Deposit rates have bounced back given the fact that money flowing into banks tends to stagnate after the Tet holiday. Specifically, the Vietnam...

Seven local banks to issue domestic chip credit cards

HANOI – Seven local banks and the National Payment Corporation of Vietnam, or Napas, on January 25 jointly held a ceremony to launch domestic...

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