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Sunday, November 17, 2024

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interest rate

Banking system in a liquidity crunch

A liquidity squeeze is choking Vietnam’s economy and banking system, making interest rate swings unavoidable Interest rate hikes return After a short period of interest rates...

Savings rate hikes ease

HCMC – Commercial banks have been in a race to hike savings rates to attract clients, especially since the State Bank of Vietnam's two...

HSBC: Vietnam’s inflation looms large

HCMC – Inflation has surpassed Vietnam’s target despite the country’s efforts to keep it under control, according to HSBC Global Research. The State Bank of...

Central bank pumps more money into system

HCMC – The State Bank of Vietnam (SBV) yesterday, November 3, injected some VND5,000 billion into the banking system via open market operations for...

Paperwork hinders rollout of credit package

HCMC - Inspection and screening procedures have prevented the target beneficiaries of the preferential credit package access to soft loans with an interest rate...

Aid package for companies sees few takers

HCMC – A financial aid package with an interest rate discount of 2 percentage points for businesses is being disbursed far slower than expected...

Localities asked to report progress of large FDI projects

 The Ministry of Planning and Investment has requested localities to report the execution of large foreign direct investment (FDI) projects that need significant investment...

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