Tag: rated
State Bank lowers regulatory interest rates by 0.5-1% from March 15
The State Bank of Vietnam (SBV) on March 14 issued two decisions to reduce regulatory interest rates by 0.5% to 1%, which will come into force on March 15.
Credit growth slowing down, raising fear of business contraction
Credit growth in the first months of this year slowed significantly due to high interest rates and firms’ poor health, raising concerns about rising bad debts.
Deputy PM requests tackling obstacles in social housing development
Deputy Prime Minister Tran Hong Ha has requested promptly tackling obstacles in social housing development policies and mechanisms, with incentives in infrastructure, land and finance for developers engaged in the effort.
Fitch Ratings rates PV GAS with positive outlook
Fitch Ratings has rated Petrovietnam Gas Joint Stock Corporation (PV GAS) as a Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'BB' with a positive outlook.
Affordable home buyers to get loans with lower rates
Affordable home buyers can access preferential loans at rates 1.5-2% lower than the market average as part of a credit package worth around VND120 trillion (US$5.02 billion).
Seafood exports to UK record double-digit growth
VOV.VN - Vietnamese seafood exports to the UK have maintained a high growth rate of 22% during the first two months of the year despite an annual fall of between 18% and 50% in 10 other large markets globally, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Central bank grants first credit growth quota for banks in 2023
The State Bank of Vietnam (SBV) has recently granted the first credit growth quotas in 2023 to a number of banks, with a majority of them receiving lower rates than last year.
Hotels, resort, realty businesses pin high hope on tourist arrivals
The recovery of tourism, especially its international segment, is seen to be the driving force for the hotel market to prosper, with improvements in both occupancy and room rates, said experts from the real estate agency Savills Vietnam.
Fish soup named among Top 15 Best Rated Soups in the World
VOV.VN - Vietnamese sweet and sour soup, known locally as “Canh chua cá”, has been listed among the Top 15 Best Rated Soups in the world by Taste Atlas, a website dedicated to discovering fresh ingredients, traditional dishes, and authentic restaurants around the world.
Big 4 banks launch preferential interest rate loan packages
The group of the four biggest State-owned banks (Big 4) have launched preferential loan packages with interest rate reductions of up to 3% per year to lower short-term lending rates to only 7% per year.
