Individual customers keep depositing at banks despite interest rate cut
Though deposit interest rates listed at commercial banks have decreased rapidly after the State Bank of Việt Nam's (SBV) policy rate cut, savings of individual customers...
Though deposit interest rates listed at commercial banks have decreased rapidly after the State Bank of Việt Nam's (SBV) policy rate cut, savings of individual customers...
The current dire situation where several domestic enterprises are planning to suspend business operations, and with some even willing to close altogether is indeed a...
The analysts also expect the average 12-month deposit interest rate will drop to 7 per cent per year in 2023.
Amid the serious economic downturn, high interest rates are seriously affecting the dynamics of the Vietnamese economy. In other words, interest rates affect investment...
According to Mr. Tran Ngoc Bau, CEO of WiGroup, low inflation and stable exchange rates would give the State Bank of Vietnam (SBV) flexibility to keep lowering interest...
Cash flow always looks to more attractive investment channels with higher returns, so when interest rates decrease, cash flow will shift from the savings channel to the...
The remaining months of 2023 are forecast to continue to face many challenges with monetary policy management, as both the world and domestic economies are still...
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...
By early May, commercial banks have started to reduce deposit interest rates. With this the average deposit interest rate that had peaked in January at 9 percent per...
Four State-owned banks have further cut deposit interest rates by 0.2-0.3 percentage points to reach around 7 per cent for 12-month deposits.
Reducing interest rates, maintaining interest subsidies, hiking credit limits, and providing unsecured loans to manufacturing businesses are among the demands made by...
If we solely consider monetary policy, there is very little room for interest rate reductions, not to mention the delay in the implementation of new policies. As a...
Banks have been steadily cutting deposit interest rates, which have reached around 8%, a move aimed at reducing lending rates to support businesses.
Many analysts proposed reallocating the funds for this program to other support programs such as tax reduction or exemption due to the poor distribution...
The Fed signalled a pause in rate hikes this week, but made it clear that rates could still rise.
Despite decreased interest rates offered by commercial banks, businesses persons are still hesitant to borrow.
On April 3, 2023, the interest rates ceiling for non-term and term deposits under 6 months according to the new regulations of the State Bank of Vietnam (SBV) have been...
Though Việt Nam's banking industry expects to have many development opportunities in 2023, problems with liquidity, interest rates and bad debts are putting great...
On the afternoon of March 14, many investors were left startled when the State Bank of Vietnam decided to reduce the operating interest rate and the short-term lending...
There have been positive signs for the property market's recovery, said industry experts and economists.
A recent survey conducted by the Ho Chi Minh City Business Association in February 2023 with more than 100 businesses showed that up to 83% of businesses are facing...