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UOB: Vietnam will keep interest rates steady in 2024

HCMC – United Overseas Bank (UOB) experts have forecast that Vietnam's central bank will keep interest rates steady throughout this year so as to...

HCMC seeks to cut 30% off public investment project procedures

HCMC – HCMC has mandated a 30% reduction in the time required for handling procedures related to public investment projects. Phan Van Mai, chairman of...

Seven tons of mango bound for Australia after irradiation

HCMC – Seven tons of fresh mango will be exported to Australia after Toan Phat Irradiation Co. (TPI) has irradiated the fruit. TPI has been...

Pepper association warns of lost goods during export

HCMC - The Vietnam Pepper Association and Spice Association (VPSA) has issued a warning about some members of the association losing substantial volumes of...

Monetary policy challenges

Were interest rates recently hiked to either “harmonize” with foreign exchange rate management objectives, or indicate a shift towards ending the monetary loosening policy...

On the road to recovery

Vietnam’s real estate market is now on the brink of a major transformation after a long challenging period induced by the supply-demand imbalance, legal...

Reining in Vietnam dong weakness

The interest rate differential between the Vietnamese dong and the U.S. dollar has placed the foreign exchange rate under pressure since 2022. Nguyen Duc...

Is exchange rate put first?

In response to the fall of domestic currencies, central banks in the region have two options. They can either sell foreign currency to intervene...

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