Vietnamese economy in 2024: Stable exchange rates, more interest rate cuts needed
According to Mr. Phung Xuan Minh, Chairman of Saigon Ratings, Vietnam's economy steadily recovered in 2023, stabilised, and laid the groundwork for development...
According to Mr. Phung Xuan Minh, Chairman of Saigon Ratings, Vietnam's economy steadily recovered in 2023, stabilised, and laid the groundwork for development...
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...
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.
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...
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.
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.
The last trading session on 24 May was a disappointing day for many investors.
The State Bank of Vietnam (SBV) is set to further reduce regulatory interest rates on May 25, the third cut in a row since mid-March, expected to give a boost to the...
In the last days of November, some commercial banks suddenly announced they would reduce lending interest rates. Enterprises expect that this will create momentum for a...
The Ministry of Planning and Investment (MPI) has consulted community businesses to develop the Government's resolution on supporting businesses during the COVID-19...