Why State Bank of Vietnam has kept deposit rates unchanged

Why State Bank of Vietnam has kept deposit rates unchanged

NDO - The State Bank of Vietnam has recently decided to lower the interest rates on short-term loans to priority sectors by 0.5 percentage points and some policy rates by 0.25 percentage points.  (Jul 14, 2017)

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Ha Nam attracts 46 projects worth US$192.96 million

  Jul 13, 2017
NDO – The northern province of Ha Nam has attracted 46 investment projects, including 10 foreign direct investment (FDI) and 36 domestic projects, with a total registered capital of over US$192.96 million so far this year, according to Nguyen Van Oang, Director of the provincial Department of Planning and Investment.  

First Vincom Plaza shopping mall opens in Ha Tinh

  Jul 12, 2017
NDO –Vietnam’s real estate developer Vingroup on July 12 inaugurated the Vincom Plaza Ha Tinh shopping centre in the central province of Ha Tinh, the first of its kind to be built in the locality. 

Competition seeks ideas to help achieve sustainable development goals in Vietnam

  Jul 13, 2017
NDO - SDG Challenge 2017, a competition and acceleration programme has been launched by UNDP Vietnam to find business ideas and innovations that will help to achieve sustainable development goals (SDGs). 

Vietnam trade portal launched as one-stop shop for export-import regulations

  Jul 12, 2017
NDO - The General Department of Customs has launched a trade portal as a single place for businesses to learn about Vietnam’s export-import regulations and procedures, the latest government effort to realise its commitments in facilitating trade. 

Deputy PM urges simplification of specialised inspection procedures

  Jul 12, 2017
NDO – Deputy Prime Minister Vuong Dinh Hue has highlighted the guideline of creating favourable conditions for businesses and reducing the proportion of specialised inspections from 30% currently to 15%, as recommended by the World Bank, by 2020 in order to alleviate the burden on enterprises, stressing the viewpoint that trade facilitation must go hand in hand with combating trade fraud.  

Over half of companies confident of better performance in Q3

  Jul 12, 2017
NDO/VNA – More than half of processing and manufacturing companies expect better business performance in Q3, according to a recent survey conducted by the General Statistics Office (GSO).  

Deputy PM chairs meeting on SOEs restructuring

  Jul 11, 2017
NDO/VNA – Deputy Prime Minister Vuong Dinh Hue chaired a meeting in Hanoi on July 11 to review the restructuring of State-owned enterprises (SOEs) in the first half of the year and to launch tasks for the remaining months of this year.  

World still faces challenges in financial inclusion: Vietnam banker

  Jul 11, 2017
NDO - The international community has achieved some success in implementing financial inclusion but is still facing a lot of challenges, according to Deputy Governor of the State Bank of Vietnam Nguyen Thi Hong. 

Price of lychee hits record high

  Jul 11, 2017
NDO - The price of lychee has reached an all-time high up to VND80,000 (US$3.52) per kg this year, while the highest price recorded last year was only VND40,000 (US$1.76) per kg. 

JICA wants to accelerate water-related projects in Dong Nai

  Jul 10, 2017
NDO/VNA – The Japan International Cooperation Agency (JICA) met with the leaders of southern Dong Nai province, on July 10, to work on the progress of Japan-funded water supply and drainage projects. 

Can Tho wishes to lure more investment from Japan

  Jul 10, 2017
NDO/VNA – Japan is considered as a strategic partner of the Mekong Delta city of Can Tho, especially in terms of high-tech agricultural and infrastructure development, a local official has said.  

Vietnam’s growth projected to accelerate towards year-end

  Jul 10, 2017
NDO - Vietnam’s economy is forecast to expand by 6.9-7.2% in the third quarter of 2017 and 7.3-7.5% in the final quarter, according to the National Financial Supervisory Commission (NFSC). 

Accelerating disbursement of public investment

  Jul 10, 2017
NDO - According to the General Statistics Office (GSO), the total social investment in the first half of 2017 increased by 10.5% compared to the same period last year, equivalent to 32.8% of the GDP, but the investment capital of the State sector only increased by 6.8%, less than half of the non-State sector’s growth rate of 14.9%. Accordingly, the State sector has only accounted for 35.9% of the total social investment - lower than the non-State sector with 38.7%. 

Da Nang gears up for APEC Vietnam 2017

  Jul 10, 2017
NDO/VNA - The central coastal city of Da Nang has been working to improve the necessary infrastructure as the city prepares to host the APEC Summit in November.