Banks cut rates for new loans amid low capital demand
Banks have to lower lending interest rates to stimulate demand for new loans as credit growth falters and deposit interest rates have also dropped sharply.
Banks have to lower lending interest rates to stimulate demand for new loans as credit growth falters and deposit interest rates have also dropped sharply.
Competition on digitisation in securities trading is creating a driving force for the development of financial firms, and at the same time bringing many benefits for...
The domestic aviation market is projected to grow by 7-10% during the summer this year compared to the same period in 2019, reaching 3.5-3.7 million passengers per month...
Although Vietnam’s growth has slowed down amid global economic crises, he country is showing stronger performance than the majority of others in the world and continuing...
Software exporters took the spotlight in the Vietnamese digital economic picture in the first six months of this year, posting high export revenue.
A 120 trillion VND (5.08 billion USD) package in preferential lending rates for social housing developments started to see first disbursement, a positive signal after...
Credit institutions forecast the demand for banking services will be buoyant in the remaining months of this year, of which credit growth will reach about 4.4% in the...
The impacts of the imposition or increases of special consumption tax on several products must be studied carefully to ensure State budget revenue and the development of...
The European Chamber of Commerce in Vietnam (EuroCham) on July 10 announced its Business Confidence Index (BCI) for Vietnam in the second quarter of 2023, showing a 9%...
The rallies were buoyed by many supportive factors, including the recovery of the real estate industry, the amendments to the Land Law, public investment trend, and...
Because banks were unable to track cash flow, they did not dare to offer real estate loans while this market was in turmoil.
HCM City is committed to creating a “business-friendly environment” to attract foreign investment by enhancing its legal and regulatory landscapes, a senior official has...
It doesn't matter if a ceiling of 5.0 or 3.0 per cent would be imposed. All that matters is that credit institutions are obliged to disclose who is pulling their strings.
According to updated data from the General Department of Customs, as of mid-June 2023, Vietnam's total import-export turnover reached more than US$287.9 billion, a...
Although Vietnamese rice has been exported to 150 countries and territories, markets for the product are mainly Asian countries and thus need to be diversified,...
Total registered foreign direct investment (FDI) in Vietnam surpassed 13.43 billion USD in the first half of this year, according to the Ministry of Planning and...
During the working visit of South Korean President Yoon Suk Yeo to Vietnam in the past few days, it is expected that billions of dollars would be invested by Korean...
According to banking expert Nguyễn Trí Hiếu, besides helping banks improve their credit ratings and enhance their competitiveness in the international market, Basel III...
The imminent launch of a corporate bond trading platform is expected to inject much-needed momentum into the market in the coming time.
The competition for talent has been increasingly fierce, especially at a time when the latest advancements in technology have created enormous changes in banking sector.
Vietnam can return to high growth rates over the medium term, as structural reforms are implemented, Division Chief of the International Monetary Fund (IMF)’s Fiscal...
Supporting economic recovery, controlling inflation, stabilizing interest rates, and ensuring credit demand... are the goals targeted by the monetary policy amid the...