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Tag: cuts

Interest rate cut contributes to supporting economic growth: economists
Interest rate cut contributes to supporting economic growth: economists

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.

Interest rate cut contributes to supporting economic growth: economists

Interest rate cut contributes to supporting economic growth: economists

2% VAT cut proposal gets the go-ahead
2% VAT cut proposal gets the go-ahead

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.

2% VAT cut proposal gets the go-ahead

2% VAT cut proposal gets the go-ahead

Petrol prices remain unchanged, oil prices rise as of June 21
Petrol prices remain unchanged, oil prices rise as of June 21

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.

Petrol prices remain unchanged, oil prices rise as of June 21

Petrol prices remain unchanged, oil prices rise as of June 21

Interest rate cut expected to pump economy up
Interest rate cut expected to pump economy up

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.

Interest rate cut expected to pump economy up

Interest rate cut expected to pump economy up

National Assembly to pass key bills and resolutions this week
National Assembly to pass key bills and resolutions this week

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.

National Assembly to pass key bills and resolutions this week

National Assembly to pass key bills and resolutions this week

Individual customers keep depositing at banks despite interest rate cut
Individual customers keep depositing at banks despite interest rate cut

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.

Individual customers keep depositing at banks despite interest rate cut

Individual customers keep depositing at banks despite interest rate cut

Heavy rain helps relax Vietnam power cuts
Heavy rain helps relax Vietnam power cuts

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.

Heavy rain helps relax Vietnam power cuts

Heavy rain helps relax Vietnam power cuts

Power supply under the microscope
Power supply under the microscope

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.

Power supply under the microscope

Power supply under the microscope

More power cuts expected this summer as peak load hits all-time high
More power cuts expected this summer as peak load hits all-time high

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.

More power cuts expected this summer as peak load hits all-time high

More power cuts expected this summer as peak load hits all-time high

Petrol prices up by VND500/litre on June 1
Petrol prices up by VND500/litre on June 1

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.

Petrol prices up by VND500/litre on June 1

Petrol prices up by VND500/litre on June 1

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