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Saturday, January 18, 2025

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Credit growth reaches 15.08% in 2024

HCMC – Credit growth in Vietnam's economy reached 15.08% as of December 31, 2024, with outstanding loans totaling VND15.6 quadrillion, an increase of over...

Is credit a magic wand for growth?

Historically, loose monetary policy and credit growth have been seen as one of the most fundamental and important solutions to stimulate economic growth. Is...

Major banks lower deposit interest rates below 6%

HCMC – Several major banks have reduced their deposit interest rates to below 6% per year. This marks the fifth significant interest rate cut...

SBV urges reduction of lending rates

HCMC – The State Bank of Vietnam (SBV), the country's central bank, has urged commercial banks to further lower lending rates to drum up...

Which stocks to buy in June

The recent improvements in trading volume may aid the VN-Index, the benchmark stock index, in breaking the resistance zone of 1,080-1,100 points and continuing...

Banks agree to slash lending rates

Your browser does not support the video tag.HCMC - Sixteen banks are offering an annual interest rate discount of 0.5-3 percentage points for clients...

The risk of surging deposit rates

In addition to the risk of bad debts owed by Covid-hit customers, the rise of deposit interest rates rapidly rising is seen as the...

Lending rate worries homebuyers

Soaring capital input costs have piled pressure on lending rates, especially for home loans, as credit for the real estate sector has the highest...

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