interest

Banks cut interest rates from October

19:52 | 10/10/2020 Finance

Many banks have cut deposit interest rates after the State Bank of Vietnam (SBV) lowered the ceiling levels of interest rates from October 1.

Seaport enterprises report interest

15:20 | 04/05/2020 Import-Export

VCN- Despite the Covid-19 pandemic, in the first four months of the year, the output of Vietnam's seaport system still increased by 4%, estimated at more than 215.3 million tons. Revenue of some seaport enterprises have also recorded remarkable growth.

Make sure to erase tax debt to the right audience

18:23 | 19/03/2020 Finance

VCN - In the draft decree detailing a number of articles of the Law on Tax Administration No. 38/2019/ QH14, the Ministry of Finance specified very specific cases to be removed taxes, late payment interest, fines and conditions to return to the operations

Banks urged to cut interest rates for epidemic-hit firms

20:01 | 25/02/2020 Finance

The State Bank of Vietnam SBV has urged domestic and branches of foreign credit institutions to offer a cut in loan interest rates for businesses affected by the acute respiratory disease caused by the SARS CoV 2 COVID 19 which is taking toll on the regio

Banks told not to hike interest rates

15:29 | 08/02/2020 Finance

Commercial banks operating in the country have been asked not to increase their interest rates, including deposit rates, while the central bank stands ready to provide liquidity support for banks affected by the fast spreading coronavirus.

Banks obtain big interest, but dividends still difficult

13:41 | 16/01/2020 Import-Export

VCN- Speaking at the conference, Mr. Nguyen Hoang Minh, Deputy Director of Ho Chi Minh City State Bank, said that in 2020, banking operations will continue to be stable and grow in both size and efficiency.

Central bank cuts interest rate

19:57 | 19/11/2019 Finance

The State Bank of Vietnam (SBV) slashed interest rates for the second time since September.

Interest on all fronts as nation takes centre stage

14:20 | 17/11/2019 Import-Export

Driven by growth momentum on the back of the ASEAN Economic Community, Vietnam’s investment picture in the region is expected to reach brighter prospects next year when the country takes over the role of the bloc’s chair.

Banks warned of sanctions against interest rate race

19:26 | 29/08/2019 Finance

The State Bank of Vietnam will intensify the supervision of implementing interest rates and credit programs of credit institutions whilst also strictly handling relevant infringements.

Interest rates to remain on hold through 2019

15:39 | 14/07/2019 Finance

The State Bank of Vietnam would hold its benchmark refinancing and discount rate at 6.25 per cent and 4.25 per cent, respectively, along with its 14 per cent credit growth target to be kept for the remainder of 2019, Fitch Solutions analysts have predicte