interest rates

January 30, 2023 19:40

Advertisement Contact us

Vietnamese

2023 a promising year for tourism: official State-owned banks under capital increase pressure Vietnam posts trade surplus of 3.6 billion USD in January

Fall in interest rates and inflation expected to help stock market restore strongly
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
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 ...
Increasing efficiency of "priming capital" to support small and medium enterprises
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 ...
State Bank requires strict control of credit risk
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
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 ...
Banks push "cheap" capital for loans at the end of the year
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
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
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
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 ...
Savings interest rates increase rapidly, deposit-credit gap has not improved
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
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 ...
Interest rate support package has little effect on stock market
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
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 ...
Banks reduce over 536 million USD worth of interest rates for pandemic-hit borrowers
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, ...
Earning big, banks urged to further cut interest rates for affected borrowers
Since commercial banks has seen big earnings during the third quarter of 2021 despite social distancing measures in place in many cities and provinces, insiders believed there is still room ...