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Monday, November 18, 2024

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Four state-owned banks cut deposit rates

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...

Vietnam’s central bank cuts interest rates

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

Nearly 51,400 firms exit market in Jan-Feb

HCMC – Nearly 51,400 businesses have pulled out of the market in the year to date, up 14.5% year-on-year, according to the General Statistics...

Administrative bottlenecks impede social housing projects

 HCMC – Despite the Government’s financial packages, low-income buyers still have difficulty acquiring a social home in HCMC due to red tape.

PM wants 95% of public investments disbursed in 2023

 HCMC - Prime Minister Pham Minh Chinh has set a target to achieve a disbursement rate of at least 95% of all public investments...

Corporate restructuring gets underway

 HCMC – In the context of disrupted cash flows and restricted access to capital, the corporate circle is rolling up its sleeves to drastically...

Wise moves needed

The bond market has continued deteriorating since leaders of Tan Hoang Minh Group and Van Thinh Phat Holdings Group Corporation were detained Bond issues plunge Attention...

Vietnam’s economy rebounds strongly

 HCMC – Vietnam’s economy has seen strong recovery this year, according to data from the General Statistics Office of Vietnam.

State-run firms incur huge losses from overseas projects

 HCMC - Thirty projects invested overseas by State-run enterprises racked up total losses of US$335.5 million in 2021, up 42% year-on-year.

Wrongdoings leave VND32 trillion wasted on public investment projects

HCMC - Wrongdoings have been draining public investment funds, wasting nearly VND32 trillion, the 15th National Assembly’s supervisory delegation reported.

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