The Tien Phong Commercial Joint Stock Bank (TPBank) has won the 2018 fastest-growing small- and medium-sized enterprise (SME) bank award from the Global Banking and Finance Review.
The current interest rate levels have been deemed appropriate for the time being, according to experts, and any attempt to further cut rates could impose unnecessary risks to Vietnam’s overall macro-economic stability in the medium term.
According to experts, the estimated US$3 billion spent by Vietnamese people to purchase US residential property could have been transferred largely through illegitimate ways.
How to mobilise idle foreign currency and gold from locals to invest in business and production has become a hot issue recently, with the Government last week once again asking the State Bank of Vietnam (SBV) to consider proposals.
A well-known Australian inventor of Vietnamese descent has been selected to represent the New South Wales state for the ‘Australian of the Year’ Award.