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.
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...
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...
After the State Bank of Vietnam cut several policy interest rates last week, interest rates on the interbank market, the open market operation (OMO) channel and...
Retail stocks have dropped significantly due to the decline in business results in the context of the global economic recession and high interest rates.
Since the beginning of March 2023, commercial banks have reduced deposit interest rates which have been contrary to forecasts made by many domestic and foreign...
Commercial banks have agreed to lower deposit interest rates by about 0.5 percent starting from March 6, while State-owned banks will only reduce their rates by 0.2...
Vietnam's lending interest rates are higher than many countries in the world, while last year, Vietnam was one of the countries with the lowest inflation level. This...
Along with the cooling trend of deposit rates, some banks have announced credit packages to support lending rates.
The production and business sectors, the pillar of the economy, cannot escape the burden of borrowing costs either.
Commercial joint stock banks have continued to lower deposit interest rates since the middle of this month, a move that is expected to help reduce lending rates and...
Many banks have just launched credit packages with preferential lending interest rates that decreased by between 0.5-3% per year for customers in the fields of business...
Banks’ reducing deposit interest rates is driving cash flow back to the stock market, but investors are advised to take a prudent approach.
In an interview with Customs News, Dr. Nguyen Duc Do, Deputy Director of the Institute of Economics and Finance, Academy of Finance, said that with the gradual...
High interest rates have been hurting businesses' ability to invest in ramping up production capacity, said industry insiders and economists.
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