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Friday, October 25, 2024

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Financial Markets

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...

State budget revenue meets 98% of target

HCMC - The total State budget revenue was more than VND1,500 trillion this year, meeting 98% of the target, said Minister of Finance Dinh...

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