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Saturday, April 5, 2025

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SBV sets new credit growth limits for banks

HCMC – Eight commercial banks have received new credit growth quotas for this year, with seven of them entitled to lend less than last...

Interbank interest rates rise

HCMC – Vietnam’s interbank interest rates have edged up further due to the central bank’s net cash withdrawals from the banking system. The interbank rates...

What causes interest rates to slide?

Banks’ unexpected deposit rate cuts before and immediately after the Lunar New Year are explainable Unexpected, yet understandable The deposit rate bracket at Techcombank, effective from...

Limited monetary policy options

As monetary policy tools are nearly exhausted, fiscal policy needs expanding to spur growth as more challenges are on the horizon. Boosting public investment...

Daklak suspends elephant ride service

 HCMC - The Buon Don Tourist Center in the Central Highlands province of Daklak will suspend elephant riding service starting today.

Novaland suggests debt extension for property firms

HCMC – Major property developer Novaland has asked the central bank to enable debt restructuring and extension from 24 to 36 months for property...

Labor market bounces back

 HCMC - Vietnam’s labor market has improved, sending goods news to workers being laid off in the final quarter of last year due to...

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