interest rates

The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low

09:32 | 23/04/2024 Finance

VCN - According to Vu Nhu Thang, Deputy Chairman in charge of NFSC, the economy in 2024 has more prospects than 2023 thanks to the strong promotion of public investment and specific policies to promote production activities, consumer economy, and investme

Mechanisms for bolstering "bolder" and more efficient credit flow

08:24 | 31/03/2024 Import-Export

VCN - Banks are actively channeling credit towards the manufacturing and business sectors, always standing by to offer loans to enterprises. However, this endeavor requires additional conditions as well as coherent support from the broader economy to augm

Credit and access to credit: A problem for banks and businesses

15:24 | 19/03/2024 Finance

VCN - Since the beginning of the year until now, the Prime Minister, the Government and the State Bank (SBV) have continuously issued instructions to promote credit, but the situation of banks having excess cash and businesses lacking capital is still a c

Bank interest rates plummet

09:55 | 15/12/2023 Finance

VCN - Accordingly, the latest savings interest rate schedule at Vietcombank continues to decrease by 0.2%/year for deposit terms of less than 12 months.

Deposit interest rates anchored at low levels

14:08 | 03/10/2023 Finance

Going against the usual rule of gradual increases in the last months of a year, deposit interest rates in most banks are anchored at low levels, and even some continue to decrease.

Understanding the "appetite" for flexible loan conditions

15:31 | 29/09/2023 Import-Export

VCN - The continuous reduction in interest rates is considered a significant effort to support business recovery. However, small and medium-sized enterprises (SMEs) are still suggesting the need for flexible loan conditions to enhance their access to capi

The “big banks” continuously reduce lending interest rates, pushing up credit demand

09:54 | 28/06/2023 Finance

VCN - Recently, BIDV has announced that from the beginning of June 2023, BIDV would continue to reduce lending interest rates by 0.5%/year compared to the current interest rates for existing medium and long-term loans at BIDV.

Reasonable interest rates - leverage to recover the economy

14:10 | 07/06/2023 Finance

VCN - According to the assessment of Dr. Nguyen Tu Anh, Director of the General Department, Central Economic Commission, high interest rates are negatively affecting the competitiveness of Vietnamese enterprises.

State Bank explains why lending interest rates are still high

13:51 | 23/05/2023 Finance

VCN - Information on the management of monetary policy and new interest rates announced by the State Bank of Vietnam said that, based on the management and direction of the State Bank, up to now, the interest rate level has been stable, new interest rates

Reducing loan interest rates an important policy to support businesses: central bank deputy governor

18:24 | 06/05/2023 Finance

The State Bank of Vietnam (SBV) has been drastically implementing measures, particularly those to reduce loan interest rates, said its deputy governor Dao Minh Tu at a regular government press conference on May 5, calling it one of the important and practical policies to help businesses.