In the latest meeting of the Federal Open Market Committee (FOMC), the Fed decided to cut interest rates by 50 basis points to a range of 4.75%-5%. Analysts have given...
According to financial analyst Nguyễn Lê Ngọc Hoàn, many central banks worldwide are considering cutting rates and starting a new cycle of monetary easing.
Several commercial banks in Vietnam have started to raise their deposit interest rates by 0.5 – 1 percent, leading to the worry of a possible loan interest rate rise as...
According to Mr. Phung Xuan Minh, Chairman of Saigon Ratings, Vietnam's economy steadily recovered in 2023, stabilised, and laid the groundwork for development...
Việt Nam’s four largest banks, Agribank, VietinBank, BIDV, and Vietcombank, have continued to sharply reduce savings interest rates since this week.
In the most optimistic scenario, the market will face at least two more challenging quarters before entering a recovery phase in the second half of 2024, experts have...
Compared to the beginning of this year, lending interest rates are currently considered reasonable and are expected to return to low levels, as seen during the COVID-19...
As of September 29, the total credit for the entire economy reached nearly VNĐ12.7 quadrillion (US$531.2 billion), marking a 6.92 per cent increase since early this year.
Banks are reducing lending interest rates by 1-3% per year compared to 2022 to stimulate demand for home loans in the wake of the loan decline.
According to a survey from the Vietnam Real Estate Association (VNREA), investors and buyers of social housing projects must take loans with high interest rates. These...
The Government Office on July 31 issued a notice on Prime Minister Pham Minh Chinh’s opinions at a recent conference reviewing the performance of the banking sector in...
The most common rate reduction is 0.2 per cent, while some have made sharp decreases from 0.5 to 0.8 per cent per year, including Saigon-Hanoi Bank, BacABank, Ocean...
Despite decreasing interest rates and abundant credit growth quota, experts said it is difficult for commercial banks to promote lending in the context of difficult...
Prime Minister Pham Minh Chinh on July 15 ordered prioritising capital for production and trade to fuel growth in tandem with stabilising macro-economy, controlling...
Although the Vietnam stock market has enjoyed a strong recovery phase, there are still concerns to consider in the second half of this year, according to KB Securities...
The State Bank of Việt Nam has cut policy rates four times to reduce the commercial banks' lending interest rates for home buyers as well as businesses.
Interest rates on both the interbank and transaction markets among banks, people and businesses continued to decrease.
Analyst’s Pick: With both external and internal conditions favourable for the interest rate cut, it is possible that the central bank will continue further easing its...
Supporting economic recovery, controlling inflation, stabilizing interest rates, and ensuring credit demand... are the goals targeted by the monetary policy amid the...
The fourth cut in policy rates by the State Bank of Vietnam (SBV) would make it easier for commercial banks to continue lowering deposit and lending rates. This will...
Monthly exports and imports continue to fall, while domestic expenditure is expected to stay poor. As a result, more interest rate reduction are not ruled out.,...
The stock market has reportedly shown positive response to recent interest rate cuts.
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