Tag: rated
Banks begin reducing deposit interest rates in response to PM’s direction
Several commercial banks have started reducing deposit interest rates by 0.1 to 0.4 percentage points in response to the Prime Minister’s direction to lower rates to help achieve the Government’s 8% growth target in 2025.
Vietnam seeks more effective cooperation with US-based S&P Global Ratings: PM
Prime Minister Pham Minh Chinh met with Lynn Maxwell, Global Chief Commercial Officer at S&P Global Ratings, in Hanoi on February 26, seeking to attracting international investment for Vietnam’s ambitious infrastructure plans.
PM orders stronger measures to cut lending rates
Prime Minister Pham Minh Chinh has issued an official dispatch calling for intensified efforts to lower lending rates to support businesses and spur economic growth.
Three players to vie for titles in World Junior Chess Championships
VOV.VN - The Vietnam Chess Federation has announced that the national team have departed for Montenegro to compete in the FIDE World Junior Chess Championships 2025, scheduled to take place from February 24 to March 8.
Major boost to population and family planning policies in Vietnam
VOV.VN - The Political Bureau’s recent decision not to discipline Party members who have a third child or more is expected to help increase the total fertility rate nationwide and align with both the country’s demographic realities and its sustainable development needs.
Vietjet, Satair sign multi-year agreement for integrated material services solution
Vietjet Air and Satair, an Airbus Services company, have signed a multi-year agreement for Satair’s Integrated Material Services (IMS), a comprehensive material solution that will support Vietjet’s entire Airbus A320 and A330 fleet.
Exchange rate under pressure, businesses start hedging risk
The USD/VND exchange rate remains under pressure as ongoing trade tensions push the USD higher.
SBV injects over US$1.4 billion into market in first two days after Tet
The State Bank of Vietnam (SBV) continued its net liquidity injection in the first two trading sessions of the Year of the Snake on February 3 and 4, pumping over VND35 trillion (US$1.4 billion) into the market.
Ba Ria-Vung Tau to develop international port worth nearly US$230 million
Deputy Prime Minister Tran Hong Ha has approved adjustments to the investment policy for the My Xuan International General Port project, which was previously the Vinalines Ship Repair Factory.
Banks' credit up 11.3% in HCM City in 2024
Total outstanding loans of credit institutions in Ho Chi Minh City as of the end of last year were worth over VND3.9 quadrillion (US$153.3 billion), a 11.3% increase for the year, according to the central bank.
