VCCI calls for deeper cuts in administrative fees for online public services
Under VCCI's proposal, administrative fees should be cut by half for online services with low levels of usage and be abolished for those with very low levels.
Under VCCI's proposal, administrative fees should be cut by half for online services with low levels of usage and be abolished for those with very low levels.
The US dollar has been very stable so far this year—much more than we’ve seen in prior years, with a less than 4% trading range on the Federal Reserve’s broad...
The prospect of easier monetary policy next year could help limit the US dollar’s upside and start to deliver a significantly weaker greenback in the coming years.
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...
Continuous interest rate cuts and support policies are gradually proving effective, helping ease difficulties facing the real estate market, experts have said.
The stock market recovery, which has been driven by lower interest rates in 2023, is likely to be sustained by higher earnings and attractive valuations in 2023,...
In the first 7 months of 2023, export orders of the key industries of textiles and garments, leather and footwear, wood and wood products decreased sharply by 18.9...
Even though the bond market showed signs of recovery in the second quarter, many issuers were still late in paying bonds' principal and interest.
For some central banks, the interest rate cutting cycle has begun. But with the Fed widely seen to be some nine months to a year away from its first cut, does this mean...
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...
Many financial analysts anticipated that lowering the value added tax (VAT) for commercial banks would give them greater leeway in lowering loan rates to help companies.
Many firms lack collateral; if banks refuse to endorse unsecured and cash flow-based loans, it will be difficult to stimulate credit growth.
Software exporters took the spotlight in the Vietnamese digital economic picture in the first six months of this year, posting high export revenue.
Because banks were unable to track cash flow, they did not dare to offer real estate loans while this market was in turmoil.
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.
An item of VNĐ5,000 would have a new price tag of VNĐ4,909 after the VAT cuts, causing inconvenience to both buyers and cashiers.
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.