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PM tells SBV to relax rules on lending to real estate projects

HCMC – Prime Minister Pham Minh Chinh has called on the State Bank of Vietnam and relevant ministries to quickly review and relax Circular...

Private banks lower deposit rates

HCMC – Private banks have lowered interest rates for deposits with tenors of six months and beyond while state-run banks have kept their rates...

Coal imports surge 53% in January-July

HCMC – Vietnam's January-July coal imports soared by a steep 53% year-on-year to nearly 30 million tons. Despite the higher volume, the total coal import...

MOIT urges market expansion for Vietnam rice

HCMC – The Ministry of Industry and Trade (MOIT) is urging relevant departments to explore opportunities for expanding export markets for Vietnamese rice. The request...

China remains top buyer of Vietnam’s rubber

HCMC – China remains the largest market for Vietnam's rubber export sector, according to data from the Ministry of Industry and Trade. In July, Vietnam's...

Vietnam leads rice exports, yet farmers still struggle

HCMC – Vietnamese rice farmers are still grappling with poverty even though the country is one of the world's largest rice exporters, Agriculture and...

MOIT proposes interest subsidy for supporting industries

HCMC – The Ministry of Industry and Trade (MOIT) has presented a proposal for a tax incentive and a 3-percentage-point interest rate subsidy for...

SBV tells banks to further cut lending rates

HCMC – The State Bank of Vietnam (SBV), the country's central bank, has written to commercial banks asking them to further lower lending rates. Domestic...

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