Tag: deposits
Central bank further cuts benchmark interest rate to aid economy
The State Bank of Vietnam (SBV) on September 30 announced its decision to lower the benchmark interest rate as part of efforts to support the national economy amid difficulties posed by the COVID-19 pandemic.
Vietnamese workers in RoK to lose deposits over contract violations
More than 1,400 Vietnamese guest workers in the Republic of Korea (RoK) are set to lose their deposit of VND100 million (US$4,239) each due to fleeing from their workplace or attempting to illegally stay in the country.
State Bank of Vietnam cuts some interest rates
The State Bank of Vietnam (SBV) on August 6 announced its decision on cutting some policy rates with immediate effect, the second time this year following the adjustment on March 16.
