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Financial Markets

Four state-owned banks cut deposit rates

Ngoc Nguyen -
HCMC - Vietnam's big four state-owned commercial banks today, March 15, lowered their 12-month-term deposit interest rate by 20 basis points to 7.2%, just...
News

Gov’t to devise favorable policy for tourism: PM 

Dat Thanh -
HCMC – The Government would work out policies to tackle difficulties facing the tourism sector, said Prime Minister Pham Minh Chinh. He was speaking during...
News

Vietnam Airlines set to add domestic, int’l flights

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HCMC – Vietnam Airlines Group, including Vietnam Airlines, Pacific Airlines and VASCO, will make more than 20 million seats available for domestic and international...
Infrastructure

Renewable energy investors concerned about electricity pricing mechanism

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HCMC – Investors of transitional solar and wind power plants have written to the prime minister expressing concerns that the electricity pricing mechanism would...
News

Defense Ministry’s help sought to deal with vehicle inspection overloads

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HCMC – The Ministry of Transport has asked the Ministry of National Defense for help to cope with excessive workloads at automobile registration and...
Infrastructure

Vinh Hao-Phan Thiet expy project behind schedule

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HCMC – The Ministry of Transport has agreed to reschedule the completion date of the Vinh Hao-Phan Thiet expressway project, which will run through...
Financial Markets

Vietnam’s central bank cuts interest rates

Chuong Pham -
HCMC - The State Bank of Vietnam (SBV) made two separate decisions today to lower interest rates by 0.5 to one percentage point, with...
Infrastructure

Military to hand over land to airport terminal by end-March

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HCMC – The Ministry of Defense has said it will complete the handover of military land to HCMC prior to March 31 for building...
Infrastructure

Over 410km of North-South expy to be completed this year

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HCMC – Seven components of the Eastern North-South expressway project in the 2017-2020 period, with a total length of 411.6 kilometers, will be opened...
Investment

HCMC orders speedier public investment disbursement

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HCMC – HCMC Chairman Phan Van Mai has issued an urgent dispatch urging municipal departments and agencies to speed up the disbursement of public...

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