Tags: interest rates

State Bank of Vietnam cuts some interest rates

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.

Loan dues extended to fight economic downturn

Loan dues extended to fight economic downturn

Financial firms extended loan dues for more than 223,000 borrowers whose outstanding loans stood at VND151 trillion (US$6.49 billion) by May 25, according to the State Bank of Vietnam.

Banks get more support to cut interest rates

Banks get more support to cut interest rates

Commercial banks are expected to lower lending interest rates after getting more support to cut input costs from the State Bank of Vietnam (SBV)’s agencies this week.

Interest rates to remain on hold through 2019

Interest rates to remain on hold through 2019

VOV.VN - The State Bank of Vietnam would hold its benchmark refinancing and discount rate at 6.25 per cent and 4.25 per cent, respectively, along with its 14 per cent credit growth target to be kept for the remainder of 2019, Fitch Solutions analysts have predicted.

Workers feel squeeze due to social housing shortage

Workers feel squeeze due to social housing shortage

Nguyen Thi Phuong, who has worked at the Thang Long Industrial Park in Hanoi’s outskirts district of Dong Anh for years, said her family of three would enjoy a stable life if not for housing.

Experts forecast lending rates to remain stable

Experts forecast lending rates to remain stable

Many commercial banks have recently increased deposit interest rates, but experts forecast that the rise will last only a short time and won’t have a domino effect on lending rates.

VND2.3 trillion raised from Government bonds

VND2.3 trillion raised from Government bonds

The Hanoi Stock Exchange (HNX) raised VND2.3 trillion (over US$98.7 million) at the latest auction of Government bonds (G-bonds) issued by the State Treasury on August 1.

Deputy PM: CPI growth could be kept below 4% in 2018

Deputy PM: CPI growth could be kept below 4% in 2018

Deputy Prime Minister Vuong Dinh Hue has urged the Government’s Steering Committee for Price Management to seek measures in order to minimize external impacts on domestic prices, thus keeping CPI growth below 4% in 2018.