Vietnamese interest rates are at record lows, exchange rates are still "hot"
By the end of last week, the State Bank had withdrawn a total of VND 130,000 billion through 9 consecutive T-bill issuance sessions
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Feb 5
Record-low interest rates drive early-year credit growth
Since the beginning of the year, numerous banks have launched attractive credit packages with low-interest rates, some even as low as 0% per
Nov 23, 2023
Will the legal "race" make the Vietnamese real estate market exciting again?
Amidst the context of many fluctuations in the world economy, Vietnam's economy is showing many positive signs and bright spots.
Jun 21, 2023
Proposing a stimulus package of VND 10,000 billion to support Vietnam's seafood businesses
VASEP proposed the State Bank consider a stimulus package of VND 10,000 billion for aquaculture in the Mekong Delta.
Jun 16, 2023
The Vietnam Government asked the State Bank of Vietnam to reduce the operating interest rate in June
Citing sources from the Government Newspaper, the Government Standing Committee requested the State Bank of Vietnam
Jun 6, 2023
The trend of reducing deposit interest rates continues to take place at many banks
Many banks continued to reduce deposit interest rates for terms, some banks changed the interest rate table twice in a short time.
Apr 24, 2023
Additional VND 5,000 billion for home loan package and home repair with a preferential interest rate
On the afternoon of April 24, Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) announced to spend VND 5,000 billion
Apr 23, 2023
Unexpectedly, interest rates among banks skyrocketed to 9.39%
the transaction data published by the State Bank of Vietnam showed that the highest lending interest rate among banks suddenly increased
Mar 14, 2023
WB forecasts Vietnam’s 2023 growth at 6.3%
Vietnam’s economic growth is projected to ease to 6.3 percent in 2023 from a robust 8 percent last year
Feb 3, 2023
2022: A year of ups and downs for the coffee market
According to ICO, global coffee exports reached 10.2 million bags in November 2022, up 9.2% over the same period in 2021.
Feb 2, 2023
Banks lower saving interest rates right after Tet
Many banks have adjusted the rate by 0.1-1 percentage points per year after the Lunar New Year (Tết) holiday.
Jan 10, 2023
Textile and Garment sector hit 2022 export target
Vietnam’s textile&garment sector enjoyed a rosy year in 2022 despite the formidable challenges, with export revenue hitting the target....
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