The State Bank of Vietnam (SBV) has cut regulatory interest rates for four consecutive times since the beginning of this year, in the context that world interest rates continue to rise and stay at a high level.
VOV.VN - Lawmakers on June 24 approved a resolution on the reduction of the value added tax (VAT) by 2% within six months in an attempt to reboot the economy and stimulate consumption.
VOV.VN - The retail prices of petrol levered off for the second consecutive time, while those of oil saw a slight increase, as of 3 p.m. on June 21 in the latest price adjustment made by the Minister of Industry and Trade and the Ministry of Finance.
The State Bank of Vietnam (SBV) is cutting down a series of key interest rates by 0.25%-0.5% from June 19, which is expected to make a double impact on the economy thanks to stronger credit activities and higher liquidity.
VOV.VN - Deputies to the National Assembly resumed their mid-year session in Hanoi on June 20 after a week-long break, focusing on legislation.
Though deposit interest rates listed at commercial banks have decreased rapidly after the State Bank of Vietnam's (SBV) policy rate cut, savings of individual customers have kept rising.
VOV.VN - Heavy rain is expected to lash large parts of the northern region of Vietnam from June 12-15, helping to reduce droughts and water shortages in hydropower plants in the region.
VOV.VN - The Prime Minister has requested a thorough inspection of power supply following news of periodical power cuts in many localities across the country that have thrown business production and people’s daily life into chaos.
VOV.VN - Production businesses and people are likely to suffer from more power cuts amid the northern and central regions set to endure more scorching heat waves over the summer.
VOV.VN - The retail prices of petrol were revised up by VND500 per litre as of 3 p.m. on June 1, following the most recent changes made by the Ministry of Industry and Trade, and the Ministry of Finance.