interest rates

Regulating policy tools for reducing interest rates

10:31 | 07/02/2023 Finance

VCN - Currently, monetary policy still plays a key role in stabilizing the macroeconomy. Monetary policy is directly related to domestic production, especially domestic enterprises rely mainly on interest rates for production, business and export.

Fall in interest rates and inflation expected to help stock market restore strongly

14:22 | 21/01/2023 Finance

VCN - VN-Index closed the year at 1,007 points. In 2023, to assess the market outlook, we should identify advantages and disadvantages.

Interest rates in 2023 still difficult to go against the world trend

13:57 | 18/01/2023 Finance

VCN - According to the State Bank of Vietnam, since the beginning of 2022, there have been a total of 340 interest rate hikes globally. But in the first eight months of 2022, the State Bank continued to keep the operating interest rates unchanged.

Increasing efficiency of "priming capital" to support small and medium enterprises

10:07 | 17/01/2023 Import-Export

VCN - It is very important to promulgate a legal framework on financial policy tools to support small and medium-sized enterprises (SMEs), including the SME Development Fund. However, the actual implementation still faces many difficulties and obstacles.

State Bank requires strict control of credit risk

14:19 | 05/01/2023 Customs

VCN - According to preliminary statistics, about 20 credit institutions and foreign bank branches (CIs) have publicly announced credit programs and products with preferential interest rates.

Exchange rate is no longer a concern

09:17 | 02/01/2023 Import-Export

VCN - According to the report on the socio-economic situation in 11 months of 2022 by the General Statistics Office, the USD index in November 2022 increased by 8.71% over the same period in 2021; average in 11 months of 2022 increased by 1.83% compared t

Banks push "cheap" capital for loans at the end of the year

13:44 | 23/12/2022 Finance

Up to now, 12 banks have committed to reducing interest rates from 0.5-3% per year with an amount of more than VND 3,300 billion to support businesses and people.

Not just exchange rates, businesses are concerned about interest rates and liquidity

09:03 | 30/11/2022 Import-Export

VCN - The recent sharp fluctuation of the exchange has hit businesses badly due to increased costs. However, businesses still face a double whammy from liquidity and interest rates.

Interest rates of auctioned Government bonds continue to rise

16:01 | 04/11/2022 Finance

The Hanoi Stock Exchange (HNX) held 30 auctions of Government bonds (G-bonds) in October, with 55.66% of the total G-bonds on offer, worth 31.45 trillion VND (1.26 billion USD) sold.

Import and export turnover no longer depends on the exchange rate

13:59 | 24/10/2022 Import-Export

In an interview with Customs News, Dr. Nguyen Duc Do said that import and export in Vietnam no longer depend as much on the exchange rate, but must keep the foreign exchange market and interest rates stable

Savings interest rates increase rapidly, deposit-credit gap has not improved

08:31 | 23/10/2022 Finance

VCN - Notably, before this increase in deposit interest rates, several commercial banks had sharply increased deposit rates many times in the previous months.

From now until the end of the year, interest rates will face many upward pressures

16:16 | 30/06/2022 Import-Export

VCN - Recently, the US Federal Reserve (Fed) decided to increase interest rates by 0.75 percentage points, to 1.5-1.75%, to restrain inflation. This is the highest interest rate of the Fed since the outbreak of the Covid-19 pandemic in March 2020.

Interest rate support package has little effect on stock market

20:00 | 05/06/2022 Finance

As securities and real estate sectors are not on the list to receive support, the two per cent interest rate supportnbsp;package's positive effects on the stocks market are not strong.nbsp;

Covid-19 has not disrupted the growth cycle of the banking industry

08:55 | 28/11/2021 Finance

VCN - Accordingly, credit fees are expected to decrease from the second quarter of 2022, which will be the main driver for stronger profit growth in the second half of 2022.

Banks reduce over 536 million USD worth of interest rates for pandemic-hit borrowers

19:55 | 29/10/2021 Finance

Sixteen banks in Vietnam reduced a total of 12.23 trillion VND (536.2 million USD) in interest rates for borrowers affected by the COVID-19 pandemic from July 15 to September 30, equivalent to 59.36 percent of their commitments, according to the State Bank of Vietnam.