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Monday, November 25, 2024

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Interest rates decline but remain high

Your browser does not support the video tag. After four consecutive policy interest rate cuts by the central bank, the average annual rates on deposits...

PM calls for further interest rate cuts

Your browser does not support the video tag. Prime Minister Pham Minh Chinh has urged the State Bank of Vietnam (SBV) and commercial banks to...

Flaws in bank restructuring found

HCMC – Flaws in the restructuring of banks in Vietnam have been exposed by a recent investigation conducted by the Government Inspectorate. The report highlights...

Vietnam’s economy set to rebound in H2 – report

HCMC – A recent update on Vietnam's macroeconomic situation by Standard Chartered Bank suggests that the country's economic growth in the second half of...

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...

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